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WM 04 3rd AmendmentTHIRD AMENDMENT TO FRANCHISE AGREEMENT THIS THIRD AMENDMENT TO FRANCHISE AGREEMENT is made this 18th day of August 2009 by and between the CITY OF OKEECHOBEE, FLORIDA, a municipal corporation "City and WASTE MANAGEMENT INC. OF FLORIDA, successor by merger to L.P. Sanitation, Inc., "Contractor WITNESSETH WHEREAS, the City and Contractor are parties to that certain Franchise Agreement dated July 7,1987, which provides for solid waste collection services with the City boundaries (the "Franchise Agreement and WHEREAS, the Franchise Agreement has been previously extended and modified; and WHEREAS, the parties desire to extend the term and make additional modifications to the Franchise Agreement. NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. Term of Franchise. Section 2 of the Franchise Agreement is deleted and replaced with the following: "Subject to the termination rights of the City, this franchise shall remain in full force and effect until September 30, 2014; provided furthermore, this franchise may thereafter be renewed for consecutive five (5) year periods upon the same terms, conditions and limitations imposed hereby, Contractor shall give notice to the City of an intent to extend this Franchise Agreement at the end of the term, which notice shall be delivered to the City by Certified Mail, Return Receipt Requested, not later than one hundred and eighty (180) days prior to termination. For purposes of such notification, the City's address shall be: City Clerk, City of Okeechobee, 55 Southeast 3rd Avenue, Okeechobee, Florida 34974." 2. Service Garbage and Trash The title to Section 3 of the Franchise Agreement is modified by deleting "Service Garbage and Trash" and replacing it with "Service Solid Waste and Recyclable Collection 3. Residential Section 3 (a) is amended by: deleting the first word of the first sentence "Garbage and replacing with "Solid Waste and Recyclable material 4. Annual Review (amending the Second Amendment) Section 29, first paragraph, fourth sentence is deleted and replaced with the following: "The new annualized collection portion and non -fuel related component of the rates shall not exceed a cap of 7.5 %in any year." The first sentence of the second paragraph is amended by: replacing "quarterly" with "annually" and deleting the last sentence and fuel chart, referring to: "Schedule A 5. Schedule A. Schedule A (Rates) is deleted and replaced with new Schedule A annexed hereto. 6. All provisions of the Agreement not specifically modified herein shall remain in full force and effect. IN WITNESS WHEREOF, the undersigned set their hands and seals this 18th day of ALA 2009. Waste Management Inc. of Florida by: City of hobee, Florida by: Kirk, Ma or J• y Services 10/1/2008 10/1/2009 10/1/2010 10/1/2011 10/1/2013 Collection 12.30 12.30 206.01 Disposal Based on Current Gate Rate 4.16 4.10 185.41 225.81 266.21 Total 16.46 16.40 Franchise Fee (10 1.65 1.64 Total 1$ 18.11 1$ 18.04 1 1$ I$ 169.90 179.23 188.56 188.56 25.39 26.78 28.18 28.18 195.28 206.01 216.74 216.74 Services Component 1x 2x 3x 4x 5x 6x 7x XPU 2 Yard Collection 57.41 104.65 145.04 185.41 225.81 266.21 306.61 10.80 Disposal 20.10 40.20 60.30 80.40 100.50 120.60 140.70 3.55 Fuel 8.58 15.64 21.67 27.71 33.74 39.78 45.81 Total 86.09 160.48 227.01 293.52 360.05 426.59 493.12 37.53 3 Yard Collection 79.43 138.33 176.92 205.89 248.25 290.60 332.96 Disposal 30.15 60.30 90.45 120.60 150.75 180.90 211.05 Fuel 11.87 20.67 26.44 30.77 37.09 43.42 49.75 Total 121.45 219.30 293.81 357.25 436.09 514.93. 593.76 48.19 4 Yard Collection 94.17 156.34 186.41 232.62 270.77 311.06 351.34 Disposal 40.20 80.40 120.60 160.80 201.00 241.20 281.40 Fuel 14.07 23.36 27.85 34.76 40.46 46.48 52.50 Total 148.44 260.10 334.87 428.18 512.23 598.74 685.24 52.42 6 Yard Collection 124.18 184.30 244.63 301.20 353.24 405.29 457.35 Disposal 60.30 120.60 180.90 241.20 301.50 361.80 422.10 Fuel 18.56 27.54 36.55 45.01 52.78 60.56 68.34 Total 203.03 332.44 462.08 587.40 707.52 827.65 947.78 65.37 8 Yard Collection 140.37 203.72 257.83 311.95 364.01 417.08 470.16 Disposal 80.40 160.80 241.20 321.60 402.00 482.40 562.80 Fuel 20.97 30.44 38.53 46.61 54.39 62.32 70.25 Total 241.74 394.97 537.56 680.17 820.40 961.80 $1,103.21 74.34 Commercial Cans #of Cans 1 2 3 4 5 6 1x/Week Svc 8.11 10.75 13.22 15.92 23.74 44.24 Disposal 3.60 7.20 10.80 14.40 18.00 21.60 Fuel 1.21 1.61 1.98 2.38 3.55 6.61 Total 12.93 19.55 26.00 32.70 45.29 72.45 Rate per pull plus disposal Fuel per pull Total Wasted Trip Charge: Monthly Charge< Two Haul Min: Casters: Roll -Outs: Lockbar: Lock/Unlock: Residential Curbside Collection (per unit) Commercial Solid Waste Collection Rates Collection Disposal 8.12 8.12 87.09 11.61 per month maintenance per month per number of service days /week installation monthly fee x the number of pickups /week Rolloff Collection Rates Collection Disposal 30vd 40 Compactor 67.17 67.18 Disposal: C &D Garbage Vegetation 17.79 32.81 15.38 per ton per ton per ton Residential Disposal Calculation: 10/1/08 10/1/09 10/1/10 10/1/11 10/1/13 Tipping Fee/ Ton Garbage 33.30 32.81 Veg 15.61 15.38 Generation/TPY Garbage 1.10 1.10 1.10 1.10 1.10 Veg 0.85 0.85 0.85 0.85 0.85 Monthly Disposal Garbage 3.05 3.01 Veg 1.11 1.09 Total Disposal TOTAL 4.16 4.10 CPI Calculation: 10/1/09 10/1/10 10/1/11 10/1/13 CPI All Urban Consumers All Items Annual 215.303 US City Average Annual 215.30 Calculated CPI 0.0% 0.0% 0.0% 0.0% Applied not to exceed 7.5% 0.0% 0.0% 0.0% 0.0% Not applied to fuel portion of rate Surcharge Calculation: Fuel Price start AVG Jan- June 09 =uel Price previous yearly Avg Increase (Decrease) Change lncr (Decr) Fuel surcharge as of Fuel Costs Surcharge (on Fuel only) 224.025 224.025 0.0% 100.0% 0.0% The fuel portion of rates will be adjsuted based on actual previous yearly average vs contracxt Base of $224.025 Average calculated by taking 12 months divuding by 12 Back to Contents Data 2: M Diesel Prices All Types Sourcekey QDRO1Z Lower Atlantic (PADD 1C) No 2 Diesel Retail Sales by All Sellers (Cents per Gallon) Services Component lx 2x 3x 4x 5x 6x 7x XPU 2 Yard Collection 58.57 106.76 147.97 189.16 230.38 271.59 312.80 16.46 Disposal 20.74 41.47 62.21 82.95 103.69 124.42 145.16 4.34 Fuel 10.49 19.12 26.50 33.87 41.25 48.63 56.01 Total 89.80 167.35 236.68 305.98 375.32 444.64 513.97 39.15 3 Yard Collection 81.04 141.12 180.50 210.05 253.26 296.48 339.69 Disposal 31.11 62.21 93.32 124.42 155.53 186.63 217.74 Fuel 14.51 25.27 32.32 37.61 45.35 53.09 60.83 Total 126.66 228.60 306.14 372.08 454.14 536.20 618.26 50.25 4 Yard Collection 96.07 159.50 190.18 237.33 276.25 317.35 358.45 Disposal 41.47 82.95 124.42 165.90 207.37 248.85 290.32 Fuel 17.20 28.56 34.05 42.50 49.47 56.83 64.19 Total 154.74 271.01 348.65 445.73 533.09 623.03 712.96 54.64 6 Yard Collection 126.69 188.03 249.57 307.28 360.38 413.48 466.59 Disposal 62.21 124.42 186.63 248.85 311.06 373.27 435.48 Fuel 22.69 33.67 44.69 55.02 64.53 74.04 83.55 Total 211.59 346.12 480.89 611.15 735.97 860.79 985.62 68.12 8 Yard Collection 143.21 207.84 263.04 318.26 371.36 425.51 479.66 Disposal 82.95 165.90 248.85 331.79 414.74 497.69 580.64 Fuel 25.64 37.22 47.10 56.99 66.50 76.19 85.89 Total 251.80 410.96 558.99 707.04 852.60 999.39 $1,146.19 77.43 Services 10/1/2008 10/1/2009 10/1/2010 10/1/2011 10/1/2013 Collection 12.30 12.30 12.55 226.82 226.82 Disposal Based on Current Gate Rate 4.16 4.10 4.23 Disposal 3.71 Total 16.46 16.40 16.78 22.28 Fuel Franchise Fee (10 1.65 1.64 1.68 4.34 8.08 Total 18.11 18.04 18.46 27.05 34.02 173.33 182.85 192.37 192.37 31.04 32.74 34.45 34.45 204.37 215.59 226.82 226.82 Commercial Cans #of Cans 1 2 3 4 5 6 1x/Week Svc 8.28 10.97 13.49 16.25 24.22 45.13 Disposal 3.71 7.43 11.14 14.86 18.57 22.28 Fuel 1.48 1.96 2.42 2.91 4.34 8.08 Total 13.47 20.36 27.05 34.02 47.13 75.49 Waste Management of Martin County City of Okeech Monthly Rates October 1, 2010 Rate per pull plus disposal Fuel per pull Total Wasted Trip Charge: Monthly Charge< Two Haul Min: Casters: Roll-Outs: Lockbar: Lock/Unlock: Residential Curbside Collection (per unit) Commercial Solid Waste Collection Rates Collection Disposal rates below include 10% franchise fees 8.28 8.28 88.85 11.84 per month maintenance per month per number of service days/week installation monthly fee x the number of pickups/week Rolloff Collection Rates Collection Disposal 20 68.53 68.54 30 40 SCHEDULE A 3RD AMENDMENT PAGE 1 OF 2 Compactor Disposal: C&D Garbage Vegetation 18.35 33.85 15.87 per ton per ton per ton Residential Disposal Calculation: Tipping Fee/ Ton Garbage Veg Generation/TPY Garbage Veg Monthly Disposal Garbage Veg Total Disposal TOTAL CPI Calculation: CPI All Urban Consumers All Items US City Average May Calculated CPI 10/1/09 10/1/10 10/1/11 10/1/13 Annual 213.856 213.856 Annual 213.856 I 218.178 4.32 0.0% 2.0% 0.0% 0.0% Applied not to exceed 7.5% 0.0% 2.0% 0.0% 0.0% Not applied to fuel portion of rate Surcharge Calculation: Fuel Price start AVG Jan- June 09 Fuel Price previous yearly Avg June May lncrease (Decrease) Change Incr (Decr) Fuel surcharge as of Fuel Costs 224.025 273.890 49.865 22.3% 100.0% Surcharge (on Fuel only) 22.3% 1.10 1.10 0.85 0.85 4.16 4.10 The fuel portion of rates will be adjsuted based on actual previous yearly average vs contracxt Base of $224.025 Average calculated by taking 12 months divuding by 12 Back to Contents Data 2: M Diesel Prices All Types Sourcekey DDRO1Z Lower Atlantic (PADO 1C) No 2 Diesel Retail Sales by All Sellers (Cents per Gallon) Waste Management of Martin County City of Okeechobee Monthly Rates October 1,2010 10/1/08 10/1/09 10/1/10 10/1/11 10/1/13 33.30 32.81 33.85 15.61 15.38 15.87 1.10 1.10 0.85 0.85 3.05 3.01 3.10 1.11 1.09 1.12 4.23 SCHEDULE A 3RD AMENDEMNT PAGE 2 OF 2 1.10 0.85