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HomeMy WebLinkAboutResolutions - No. 3555RESOLUTION NO. 3555 AUTHORIZING ASSIGNMENT OF ESTATE OF ALFRED BARSOTTI'S INTEREST IN FRANCHISE FOR SANITARY CITY DISPOSAL COMPANY TO RUDOLPH L. VACCAREZZA WHEREAS, by letter dated August 9. 1971, Rudolph L. Vaccarezza, as one of the owners of the Sanitary City Disposal Company, requested per- mission to purchase the interest of Alfred Barsotti and the franchise heretofore granted by the City of Lodi for the collection of garbage: and WHEREAS, said August 9, 1971 letter states in part: "This letter will further serve as a representation that I understand and agree that the purchase price payable by me to my partner's estate will not be used as a basis for any future request for a rate increase. " NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi that it does hereby give its consent to the purchase and acquisition by Rudolph L. Yaccarezza the interest of the Estate of Alfred Barsotti, deceased, in anx unto the franchise heretofore granted by the City of Lodi pursuant to the agreement dated January 15, 1969 and that this resolution shall constitute the permission of the City Council contemplated by paragraph 1 under section (i) of said agreement; RESOLVED further that any future assignment shall require the further consent and permission of the City Council of the City of Lodi; RESOLVED further that this resolution is being adopted expressly on the condition and understanding that any future requests for rate change contemplated by said agreement dated January 19, 1969 shall in no way be based on the amount of the purchase price being paid for the acquisition of the interest of the said decedent. Alfred Barsotti, and that the City Council may take steps to change the rates now in effect if it be found that the profits of the Company exceed the amount deemed proper by the Council. Dated: October 6, 1971 I hereby certify that Resolution No. 3555 was passed and adopted by the City Council of the City of Lodi in regular meeting held October 6, 1971 by the following vote: Ayes: Councilmen - Ehrhardt, Kirsten, Schaffer and Katnich Noes: Councilmen - None Absent: Councilmen - Hughes y' le rk�%- `y 3555