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<br />July 15, 2024 Page 64 City of San Leandro/ACI Franchise Agreement <br />Contractor acknowledges that this Agreement involves rendering a vital service to City's residents and 2530 <br />businesses, and that City has selected Contractor to perform the services specified herein based on: (i) 2531 <br />Contractor's experience, skill, and reputation for conducting its Recyclable Materials, Organic Materials, 2532 <br />C&D Debris, and Solid Waste management operations in a safe, effective, and responsible fashion, at all 2533 <br />times in keeping with applicable waste management laws, regulations, and good waste management 2534 <br />practices; and, (ii) Contractor's financial resources on a local, regional, and/or corporate level to maintain 2535 <br />the required equipment and to support its indemnity obligations to City under this Agreement. City has 2536 <br />relied on each of these factors, among others, in choosing Contractor to perform the services to be 2537 <br />rendered by Contractor under this Agreement. 2538 <br />If Contractor requests City's consideration of and consent to an assignment, City may deny or approve 2539 <br />such request in its sole and complete discretion. No request by Contractor for consent to an assignment 2540 <br />need be considered by City unless and until Contractor has met the following requirements. The City may, 2541 <br />in its sole discretion, waive one (1) or more of these requirements. 2542 <br />A. On the date City approves Contractor’s written request for the City’s written consent to an 2543 <br />assignment and the assignment occurs, Contractor shall pay the City a transfer fee in the amount of 2544 <br />one percent (1%) of the Gross Receipts for the most-recently completed Rate Period. 2545 <br />B. Contractor shall pay City its actual expenses for attorneys’, consultants’, and accountants’ fees, staff 2546 <br />time, and investigation costs necessary to investigate the suitability of any proposed assignee, and 2547 <br />to review and finalize any documentation required as a condition for approving any such 2548 <br />assignment. Such payment shall be required regardless of the ultimate determination of the City 2549 <br />with regard to the approval or denial of the assignment. Upon submittal of Contractor’s request for 2550 <br />assignment to City, Contractor shall submit an initial deposit of one hundred thousand dollars 2551 <br />($100,000) for this purpose. 2552 <br />C. Contractor shall furnish City with reviewed financial statements of the proposed assignee's 2553 <br />operations for the immediately preceding three (3) operating years. 2554 <br />D. Contractor shall furnish City with satisfactory proof: (i) that the proposed assignee has at least ten 2555 <br />(10) years of Recyclable Materials, Organic Materials, C&D Debris, and Solid Waste management 2556 <br />experience on a scale equal to or exceeding the scale of operations conducted by Contractor under 2557 <br />this Agreement; (ii) that in the last five (5) years, the proposed assignee has not suffered any 2558 <br />citations or other censure from any Federal, State, or local contractor having jurisdiction over its 2559 <br />waste management operations due to any significant failure to comply with State, Federal, or local 2560 <br />waste management laws and that the assignee has provided the City with a complete list of such 2561 <br />citations and censures; (iii) that the proposed assignee has at all times conducted its operations in 2562 <br />an environmentally safe and conscientious fashion; (iv) that the proposed assignee conducts its 2563 <br />operations and management practices in accordance with sound waste management practices in 2564 <br />full compliance with all Federal, State, and local laws regulating the Collection, Transportation, 2565 <br />Processing, and Disposal of Recyclable Materials, Organic Materials, C&D Debris, and Solid Waste 2566 <br />including Hazardous Waste; and, (v) that any other information required by City demonstrates that 2567 <br />the proposed assignee can fulfill the terms of this Agreement in a timely, safe, and effective manner. 2568 <br />E. Contractor shall provide the City with any and all additional records or documentation that, in the 2569 <br />City Manager’s sole determination, would facilitate the review of the proposed assignment. 2570 <br />Docusign Envelope ID: 908A450D-1F36-4C09-B8A4-C1D639B5A05A