Oceanside

City Council

8. City Council: Approval of an amendment to the existing Operating Agreement with Agri Service Recycling, Inc. (“Agri Service”), which expires December 31, 2023, to remove the early termination provision from the agreement; approval of an amendment to extend the term of the new Property Lease Agreement with Agri Service which commences January 1, 2024, for an additional five years for a total term of 15 years, with annual estimated revenue to the City of $188,742, remove the early termination provision from the agreement, and increase the percentage of rent, for use of the property known as the El Corazon Organic Materials Processing Facility located at El Corazon; and authorization for the City Manager to execute the amendments upon receipt of all supporting documents