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HomeMy WebLinkAboutResolution - 1310 - Amendment To Contract - CDTC - Recovery Plant - 01_27_1983R5SOLUTION 1 (See Reso. 61, 9/25/883 0 Reso 744, 3/12/8m ,P I Reso 1297, 1/13/83). KJ:mck RESOLUTION BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: THAT the Mayor of the City of Lubbock BE and is hereby authorized and directed to execute for and on behalf of the City of Lubbock an amendment to the contract between Carbon Dioxide Technology Corporation and Lubbock Power and Light, amending Section 7(c) of the original contract between the two parties, attached herewith which shall be spread upon the minutes of the Council and as spread upon the minutes of this Council shall constitute and be a part of this Resolution as if fully copied herein in detail. Passed by the City Council this 27th day of January ,1983. /' k_ - - 1: i ALAN HENR , Mayor .r,o Tem ATTEST: Ev lyn Gaf a, City S re a reasurer APPROVED AS TO CONTENT: ��� e& �� Carroll McDonald,7Director of Electric Utilities APPROVED AS TO FORM: Ken JohnsonL Assistant City Attorney RESOLUTION 1310 - 1/27/83 (See Reso. 611, 9/25/80, Reso. 744, 3/ 12/1 and Reso 1297, 1/13/83) THIRD AMENDMENT TO PURCHASE AND SALE AGREEMENT BETWEEN=�F?1?' Ps�.i�R CARBON DIOXIDE TECHNOLOGY CORP. AND CITY OF LUBBOCK STATE OF TEXAS § COUNTY OF LUBBOCK § CARBON DIOXIDE TECHNOLOGY CORPORATION, a Texas corporation (hereinafter referred to as "Buyer"), having its principal office at 11211 Katy Freeway, Suite 320, Houston, Texas, 77079, and the CITY OF LUBBOCK (hereinafter referred to as "Seller") do hereby covenant and agree as follows: WHEREAS, Buyer and Seller did mutually covenant and agree and did enter into a contract on the 25th day of September, 1980; and WHEREAS, Buyer and Seller did mutually amend said Contract as follows: (a) First amendment dated March 12, 1981 (b) Second amendment dated January 13, 1983, and WHEREAS, Buyer is required under the terms and provisions of the original agreement between the parties to obtain approval by manufacturer of Seller's major pieces of equipment located at Seller's generating station in constructing Buyer's Recovery Plant, and WHEREAS, Buyer has attempted to comply with this provision of the original contract between the parties but has met resis- tance and a lack of cooperation from such manufacturer, and WHEREAS, the provision in the original contract requiring manufacturers approval was to insure Seller that the construction of Buyer's Recovery Plant would not materially adversely effect the operability, reliability or efficiency of Seller's generating station equipment, and WHEREAS, Buyer has offered at its sole expense to retain a consulting engineer, registered to practice in the State of Texas, who will review all of the designs and engineering of the Recovery Plant as completed and certify to Seller that the operations of said Recovery Plant as completed will not materially adversely effect the operability, reliability or effieciency of the equipment originally supplied by manufacturer to Seller's generating station. NOW THEREFORE, Seller and Buyer do mutually covenant and agree as follows: I. ORIGINAL CONTRACT AND AMENDMENT The original contract entered into on September 25, 1980, shall remain in full force and effect except as amended in writing by the parties hereto. II. UTILITIES, CONSTRUCTION AND 11AINTENANCE OF CARBON DIOXIDE RECOVERY PLANT That Section 7(c) of the original contract between the parties be and is hereby amended to read as follows: SECTION 7(c). Buyer agrees to cause the carbon dioxide Recovery Plant (the "Recovery Plant") to be constructed diligently and in a good and workmanlike manner upon the Lease Tract in accordance with good practices in the in- dustry and in accordance with all applicable federal, state and local laws, rules and regulations. It is the intent of Buyer to commence construction of the plant within six (6) months of the date of this Agreement. Buyer agrees that the completed interfaced design and engineering of the Recovery Plant shall be approved by the Seller and by a third party consulting engineer registered to practice in the State of Texas. To evidence such approval, Buyer agrees to obtain, at its own expense, the services of a third party consulting engineer registered to practice in the State of Texas who shall review all of the design and engineering of the Recov- ery Plant as completed and certify to Seller that the oper- ations of the Recovery Plant as completed will not materially adversely effect the operability, reliability or efficiency of the equipment originally supplied by manufacturer to Seller's generating station. Prior to Buyer's commencing any construction of the Recovery Plant, Buyer agrees to deliver IWAS the plans and specifications to Seller for its approval. In the event Seller does not approve Buyer's plans, Buyer may terminate this agreement and all obligations of Buyer here- under shall be of no further force and effect. IN WITNESS WHEREOF, the parties have executed this Agreement this 27th day of January ATTEST: Evelyn Gaffga, City Sec ary APPROVED AS TO CONTENT: re - Carroll McDonald, Director Electric Utilities APPROVED AS TO FORM: Jdhn C. Ross, Jr., City Atty. , 1983. CITY OF LUBBOCK (Seller) ALA NRY, ayor Tem CARBON DIOXIDE TECHNO] CORPORATION Buy r) B i W. R. Wiggins, J President 1�, AT T: ko R. A. Mo un, Vice President -3-