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HomeMy WebLinkAbout1557RESOLUTIONNO. /S'S"7 A RESOLUTION of the City Council of the City of Kent, Washington, ratifying approval to a change of control of the contractor and approving an assignment of the Solid Waste Collection and Disposal, Commercial Recycling and Processing, and General Contract. WHEREAS, Tri-Star Disposal Company, Inc. is duly authorized by the City of Kent to perform services under the Solid Waste Collection and Disposal, Commercial Recycling and Processing, and General Contract with the City of Kent ("the Contract"); and WHEREAS, the City of Kent received notification that Waste Management, Inc. acquired control of Tri-Star Disposal Company, Inc., and the City subsequently issued its approval thereto; and WHEREAS, Waste Management, Inc. now desires to undertake corporate consolidation by which the entity performing services under the Contract would be "Washington Waste Hauling & Recycling, Inc., d/b/a Tri-Star Disposal"; and WHEREAS, pursuant to the acquisition of control of Tri-Star Disposal Company, Inc. by Waste Management, Inc., and the subsequent corporate consolidation, Washington Waste Hauling & Recycling, Inc. d/b/a Tri-Star Disposal, a I Tri-Star Disposal Company Change of Control Ratification subsidiary of Waste Management, Inc. assumes all obligations as set forth in the Contract; and WHEREAS, the parties have asked for a resolution ratifying the City's consent and approval of such change in control and providing the City's consent and approval of such assigmnent through corporate consolidation; NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City of Kent hereby consents and approves the acquisition of control and assigmnent to the extent such consent is required by the terms of the Contract and applicable law, provided that Washington Waste Hauling & Recycling, Inc., d/b/a Tri-Star Disposal, a subsidiary of Waste Management, Inc., confirms that it will be bound by the terms and conditions of the Contract, and any amendments thereto. PASSED at a regular open public meeting by the City Council of the City of Kent, Washington, this I 0 day of ~ 1999. CONCURRED in by the Mayor of the City of Kent this 17 day of ~,1999. ATTEST: 2 Tri-Star Disposal Company Change of Control Ratification APPROVED AS TO FORM: ;:: ., ~' ~ 2 c ORA. LUBOVICH, CITY_~ I hereby certify that this is a true and correct copy of Resolution No. / S57 passed by the City Council of the City of Kent, Washington, the I&, day of ~~Jrvv, 1999. P: \Civil\Resolution\Tri-StarControlRatification do<;: 3 Tri-Star Disposal Company Change of Control Ratification