2000-252 - Laserfiche WebLink

Home Browse Search

C ,�g234 PURCHASE AGREEMENT This agreement, made as of the 1st day of September 2000, by and between Paper Stock Dealers, Inc., 1417 Atlanta Avenue, Orlando, Florida, hereinafter called "Buyer" and Indian River County Solid Waste Disposal liistrict, 1325 SW 74th Avenue, Vero Beach, Florida, hereinafter called the "Seller." Buyer desires to purchase from the Seller, and the Seller desires to sell to Buyer recyclable materials hereinafter called "corrugated cardboard." IT IS AGREED AS FOLLOWS; 1. Quantity - The Seller agrees to sell to Buyer and Buyer agrees to purchase from the Seller all corrugated cardboard of the quality hereinafter specified, generated by the Seller. A ton will consist of 2,000 pounds. 2. Quality - The corrugated cardboard shall meet specifications for clean waste corrugated cardboard boxes of Grade PS 93 #11: this Grade consists of baled corrugated cardboard containers having liners of either test liner, jute or kraft. Total outthrows (other paper categories) may not exceed 5%. 3. Term - the term of this agreement shall be for a period of 1 year from the date of the signature of the SWDD board chairman. 4. Price - the price to be paid by the Buyer per ton of corrugated cardboard shall be the sum of the following components: a. Price shall be per ton picked by the Buyer, at the Buyer's expense with die Buyer's vehicles, at the seller above specified location. b. Price for corrugated cardboard (f.o.b. Seller's dock for Grade 11 Corrugated) sold hereinunder shall be the High Yellow, first weekly edition of the month of the Official Board Market (Yellow Sheet), Southeastern market price for medium density bales (approximately 1,000 pounds) per trailer load. c. Payment shall be made to the Seller no later than the 26th day of every month for the corrugated cardboard purchase for the preceding month. d. Payment will be based on weights shown in the Seller's weight tickets generated by its scales. Copies of said weight tickets shall be submitted Willi the monthly check. In the event any of all corrugated cardboards aces to have a market for a period of 30 days, the Buyer will have the option of disposing of said recyclable at its own expense, and MUST inform the Seller thereof.