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Agmt21 Bosco Oil, Inc. DBA Valley Oil Company
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Agmt21 Bosco Oil, Inc. DBA Valley Oil Company
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Last modified
10/21/2024 1:43:58 PM
Creation date
12/3/2021 10:59:05 AM
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Agreement
Contractor Name
Bosco Oil, Inc. DBA Valley Oil Company
PROJECT NAME
provision and delivery of unleaded gasoline and renewable diesel fuel to City facilities
RMP File Number
304
Date
12/2/2021
MO Ref
21-210
Amendment
Yes
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REV: 08-08-23 MI <br />AMENDMENT NO. 2 TO MASTER PURCHASE AGREEMENT FOR GOODS, <br />COMMODITIES, AND SERVICES <br />(Bosco Oil, Inc.) <br />This Amendment No. 2 (the “Amendment No. 2”) is entered into and effective as <br />of December 2, 2023, by and between the City of Redwood City, a charter city and <br />municipal corporation of the State of California (“City”), and Bosco Oil, Inc. DBA Valley <br />Oil Company, a California corporation (“Vendor”) (collectively, the “Parties”). <br />RECITALS <br />A. The Parties previously executed that certain Master Purchase Agreement <br />for the provision and delivery of unleaded gasoline and renewable diesel fuel to City <br />facilities, dated as of December 2, 2021, (the “Original Agreement”). <br />B. The Parties previously executed Amendment No. 1 to the Original <br />Agreement (“Amendment No. 1”), dated as of December 2, 2022. <br />C. The Parties have negotiated and agreed to the terms and conditions set <br />forth in this Amendment No. 2, including any terms and conditions of the attached Exhibit <br />A, incorporated herein by reference. <br />NOW, THEREFORE, in consideration of these recitals and the mutual covenants <br />contained herein, the Parties agree as follows: <br />1. City will pay Vendor a not-to-exceed amount of Seven Hundred Fifty <br />Thousand Dollars ($750,000) for provision of all Goods and the completion of all the <br />services described in Exhibit “A”, which sum will include all costs or expenses incurred by <br />Vendor. Including all amendments through Amendment No. 2, the total amount payable <br />under the Agreement will be a not-to-exceed amount of Two Million Two Hundred Fifty <br />Thousand Dollars ($2,250,000). <br /> <br />2. Unless terminated earlier, the term of this Amendment No. 2 will be a period <br />of one year from the effective date of this Amendment No. 2. Including all amendments, <br />through Amendment No. 2, the total term of this Agreement is three years from the <br />Effective Date of this Agreement. <br />3. All other provisions of the Agreement will remain in full force and effect. <br />4. All requisite insurance policies to be maintained by Vendor pursuant to the <br />Agreement will include coverage for this Amendment No. 2. <br />5. The individuals executing this Amendment No. 2 and the instruments <br />referenced in it on behalf of Vendor each represent and warrant that they have the legal <br />power, right and actual authority to bind Vendor to the terms and conditions of this <br />Amendment No. 2. <br />ATTY/AGR.2023.207/Bosco Oil, Inc. (Gas and Diesel Fuel Provision) (Page 1 of 7)
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