SUBJECT
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Discussion and Consideration to amend and increase the CNG Facilities Maintenance Agreement, signed and executed on November 10, 2011, between the City of Laredo (“Laredo”) and Clean Energy, a California Corporation (“Clean Energy”) from $123,000 to $150,000 due to a unit price increase from 0.45073 to 0.46721. The City of Laredo presently own the stations located at 401 Scott St., (“the Scott Facility”) and at 5710 Daugherty, Laredo, Texas. Funding is available through El Metro Operations Fund.
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PREVIOUS COUNCIL ACTION
On October 18, 2021, the Laredo Mass Transit Board approved a motion to renew and exercise one of the two (2) five-year renewals of the CNG Facilities Maintenance Agreement between the City of Laredo and Clean Energy.
BACKGROUND
The initial term of agreement; the effective date of November 10, 2011, and to the end of tenth (10th) year anniversary of the effective date. The agreement no longer automatically renews under the term and conditions of the agreement; however, the City and Clean Energy have agreed to exercise one of the two (2) five-year renewals.
COMMITTEE RECOMMENDATION
n/a
STAFF RECOMMENDATION
recommendation
Staff recommends approval of this motion.
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Fiscal Impact
Fiscal Year: 2025
Budgeted Y/N?: Y
Source of Funds: El Metro Operations
Account #: 558-5830-583-2030
Change Order: Exceeds 25% Y/N: N
FINANCIAL IMPACT:
401 Scott St. location, estimated amount of $150,000.00 per year. Funding is available in El Metro Operations Fund.