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2019-192A1
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Last modified
2/3/2020 11:48:00 AM
Creation date
12/17/2019 9:50:43 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Interlocal Agreement
Approved Date
11/12/2019
Control Number
2019-192A1
Agenda Item Number
15.B.3.
Entity Name
St. Lucie County
SWDD Solid Waste Disposal District
Subject
Interlocal Agreement with St. Lucie County for recycling services
SLC will replace Tropical Recycling
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EXHIBIT "C" <br /> PROCEDURES FOR REVENUE SHARING <br /> Segregated Loads of OCC <br /> 1. If Indian River delivers segregated Loads of Old Corrugated Cardboard ("OCC") to St. <br /> Lucie's Facility on or after October 1, 2019, St. Lucie and Indian River shall share the revenues <br /> derived from the sale of that OCC, subject to the conditions contained in the Agreement and this <br /> Exhibit "C." <br /> 2. The weight of Indian River's OCC shall be determined by weighing the OCC when it arrives <br /> at St. Lucie's Facility. If the scales at St. Lucie's Facility are not operating when the OCC arrives <br /> at St. Lucie's Facility, the weight of the OCC shall be deemed to be the weight measured by Indian <br /> River when the Load left Indian River's facility. <br /> 3. The value of the OCC delivered by Indian River shall be equal to the average price <br /> (expressed in dollars per ton) that St. Lucie received from the sale of OCC during the month that <br /> Indian River delivered its OCC. If St. Lucie does not sell any OCC during a month when Indian <br /> River delivers a segregated Load of OCC to the Facility, then the value of the OCC delivered by <br /> Indian River shall be the average price received by St. Lucie in the next month when St. Lucie <br /> sells OCC. <br /> 4. St. Lucie shall receive a fee of$10.00 per ton for processing and marketing the segregated <br /> Loads of OCC delivered to the Facility by Indian River. After the processing fee is deducted from <br /> the average price of the OCC, St. Lucie and Indian shall share equally (50% - 50%) in the <br /> remaining revenue received from the sale of the OCC delivered by Indian River. For example, if <br /> we assume hypothetically that St. Lucie will sell OCC for an average price of $100.00 per ton in <br /> October 2019, St. Lucie will receive a processing fee of $10.00 per ton, and then St. Lucie and <br /> Indian River will each receive $45.00 per ton for the segregated OCC that Indian River delivers <br /> to St. Lucie's Facility in October 2019 (i.e., $100 - $10 = $90; $90 - 2 = $45). Both Parties <br /> recognize and agree that the actual price received for the OCC may vary from the amounts shown <br /> in this hypothetical example. <br /> Program Materials <br /> 5. If Indian River delivers Program Materials to St. Lucie's Facility on or after October 1, <br /> 2019, St. Lucie and Indian River shall share the revenues derived from the sale of those Program <br /> Materials, subject to the conditions contained in the Agreement and this Exhibit "C." <br /> The general provisions in Sections 2 and 3, above, shall apply when determining the weight and <br /> average price of the Program Materials. <br /> 6. St. Lucie shall receive a fee of $75.00 per ton for processing and marketing the Program <br /> Materials delivered to the Facility by Indian River. After the processing fee is deducted from the <br /> average market value ("AMV") of the Program Materials, St. Lucie and Indian River shall share <br /> equally (50% - 50%) in the remaining revenue derived from the sale of the Program Materials <br /> delivered by Indian River. For example, if we assume hypothetically that the AMV of the Program <br /> Materials will be $95.00 per ton in October 2019, St. Lucie will receive a processing fee of$75.00 <br /> per ton, and then St. Lucie and Indian River will each receive $10.00 per ton for the Program <br /> Page 14 of 15 <br />
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