Title
Dept/ Agency: Administration/Office of the Business Administrator
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Host Municipality Agreement
Purpose: To continue the operation of solid waste disposal, electric power generating and resource recovery facility.
Entity Name: Covanta Essex Company
Entity Address: 183 Raymond Boulevard, Newark, New Jersey 07105-4798
Contract Amount: Not to exceed $3,250,000.00
Funding Source: $0.00
Contract Period: January 1, 2021 through June 30, 2021
Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS
( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient (X) n/a
Additional Information:
body
WHEREAS, the City is a party to a Host Municipality Agreement dated May 15, 1985 (the "Original Agreement') among the City, the Port Authority of New York and New Jersey (the "Authority") and the County of Essex, New Jersey (the "County"). The Original Agreement has expired; and
WHEREAS, the Interim Host Municipality Agreement (this "Agreement" or “Interim Agreement”) is made and entered into as of January 1, 2021 (the "Effective Date") by and between COVANTA ESSEX COMPANY, a New Jersey general partnership with its principal place of business at 183 Raymond Boulevard, Newark, New Jersey 07105-4798 (the "Company") and THE CITY OF NEWARK, NEW JERSEY, a duly incorporated city pursuant to the laws of the State of New Jersey (the "City"); and
WHEREAS, the Company has designed and constructed, and owns and is operating, a solid waste disposal, electric power generating and resource recovery facility located at 183 Raymond Boulevard, Newark, New Jersey 07105-4798 (the "Facility"); and
WHEREAS, the City and the Company wish to enter into this Agreement as an "interim agreement" between the City and the Company pursuant to Section 8.2(b) of the Original Agreement for a six month term (6) while the parties negotiate a long term agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Mayor of the City of Newark and/or his designee, the Business Administrator are authorized to enter into an interim Host Municipality Agreement with Covanta Essex Company 183 Raymond Boulevard, Newark New Jersey 07105, for the term of January 1, 2021 through June 30, 2021 and to accept the Host Municipality Consideration in the amount of Three Million Two Hundred Fifty Thousand Dollar and no cents ($3,250,000.00) as the entire financial consideration payable to the City for the six month term.
2. The interim Host Municipality Agreement is ratified from January 1, 2021 to the date of adoption.
3. In the absence of a new long term Host Municipality Agreement, Section 8.2, Post-Termination of the original agreement shall govern until such time that a new long term agreement is reached and authorized by the Municipal Council.
STATEMENT
Resolution ratifying and authorizing the Mayor and/or his designee, the Business Administrator to enter into an interim Host Municipality Agreement with Covanta Essex Company for the term of January 1, 2021 through June 30, 2021 and to accept the Host Municipality Consideration in the amount of Three Million Two Hundred Fifty Thousand Dollar and no cents ($3,250,000.00) as the financial consideration payable to the City for the six month term.