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Memorandum of Understanding with North America dba Republic Services for Recycling Collection Services for ParksMemorandum of Understanding Between The City of Meridian and Republic Services of Idaho THIS MEMORANDUM OF UNDERSTANDING ("MOU") is entered into this I day of , 2014, by and between THE CITY OF MERIDIAN ("CITY"), and ALLIED WASTES RVICES OF NORTH AMERICA, LLC, DBA REPUBLIC SERVICES OF IDAHO ("REPUBLIC"). RECITALS A. REPUBLIC is the waste and recycling collection services contractor for the CITY. B. REPUBLIC donates recycling collection services and container rent in CITY parks. C. REPUBLIC agrees to donate, on a monthly basis, 80% of any recycling revenue generated from the sale of recycling commodities generated within CITY parks, to the CITY. D. REPUBLIC agrees to use a conversion formula of 42 lbs. per loose cubic yard for recyclable materials collected within CITY parks. This weight represents the average loose weight per cubic yard of plastic bottles and aluminum cans which are the targeted materials for recycling at CITY parks. All weights will be calculated based on the driver - recorded cubic yards per park, per visit, as recorded in REPUBLIC'S information system. E. REPUBLIC agrees to report the volume and weight of recyclable materials collected in CITY parks in the REPUBLIC -generated quarterly and annual reports to the CITY. AGREEMENT NOW, THEREFORE, in consideration of foregoing recitals, which are made a part of this MOU and not mere recitals, the terms and conditions set forth below, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is mutually agreed as follows: 1. REPUBLIC, pursuant to the terms and conditions hereof, will ensure the accurate reporting of recyclable materials collected in permanent recycling containers located in CITY parks on a quarterly basis, and will rebate 80% of the recycling revenue, when the sale of the recyclable commodities results in a positive payment to REPUBLIC, the entire amount of said commodity payment, to the CITY. 2. REPUBLIC also agrees to report the volume and estimated weight of all recyclable materials collected in REPUBLIC -provided temporary recycling containers placed in CITY parks during CITY sponsored events; and will rebate 80% of the commodity revenue generated from the sale of said recyclables to the CITY. MOU - MERIDIAN PARKS RECYCLING 3. It is agreed that the parties may periodically recalculate the conversion formula articulated in Recital C above provided that the City of Meridian approves the change in advance of its application. 4. It is agreed that nothing contained in this MOU shall conflict with the FRANCHISE AGREEMENT TO PERFORM SOLID WASTE COLLECTION SERVICES assigned to REPUBLIC by the CITY on April 1, 2012. 5. The parties hereby warrant that the person executing this MOU on behalf of each party is, at the time of its execution, duly authorized to do so by its governing body, and is fully vested with the authority to bind that party in all respects. IN WITNESS WHEREOF, the parties hereto have executed this MOU as of the date first set forth above. CITY OF MERIDIAN - By. Its: Date: 2—Lf - 14 MOU - MERIDIAN PARKS RECYCLING W_ � G rk Date: