HomeMy WebLinkAbout000554 Original ContractCity of Port Angeles
Record #000554
AGREEMENT TO PAY
DELINQUENT UTILITY BILLS
This Agreement is made between the City of Port Angeles (hereinafter referred to as the
"City and Olympic Laundry.
In consideration for the benefits to be derived from compliance with this Agreement, the
parties recite and covenant as follows:
1. Recitals.
A. The City claims that Olympic Laundry owes to the City the sum of
$38,339.10, which includes interest and penalties. This includes the
amount $35,031.99 which is delinquent.
B. Olympic Laundry acknowledges that it is delinquent in payment to the
City for utility services it has furnished to Olympic Laundry and that the
City, under both state law and city ordinance, could now disconnect utility
services to Olympic Laundry.
C. Both parties recognize that disconnection of utility services would cause
Olympic Laundry to immediately halt its business operations and to
terminate its employees.
2. Agreement to pay past due amounts.
A. For the purposes of satisfying the delinquent utility charges owed by
Olympic Laundry to the City of Port Angeles and of securing continued
utility services to Olympic Laundry's facilities, Olympic Laundry shall
pay to the City in 24 consecutive monthly installments, the sum of
$1218.79 per month, due and payable on the 22 day of each month,
beginning on March 22, 2013. In order to bring each of the three
Olympic Laundry utility accounts current, the monthly installments will be
applied first to account 49933 151724 to bring it current, then to account
49933 153386 to bring it current, then finally to account 49933 -92062 to
bring it current.
B. In addition, Olympic Laundry shall pay to the City the full amount of all
monthly utility charges billed by the City for utility services consumed
during the current monthly billing period.
C. So long as the payments required by paragraphs A and B above are timely
made in full and kept current, the City agrees it shall not disconnect utility
services to Olympic Laundry's facilities.
D. The City agrees that it shall accept, as full and complete compromise and
satisfaction of the delinquent utility payments now accrued, the 12
monthly installment payments described in paragraph A above. As long
as the payments are made in a timely manner, and the sum of $29,251.04
is fully paid, then the City will forgive interest and penalties in the amount
of $5780.95
E. So long as Olympic Laundry remains in good standing with the terms of
this Agreement, no additional interest and penalties will accrue.
F. In the event Olympic Laundry fails to timely and fully make any payment
required by paragraphs A or B above, the City may declare this agreement
to be terminated. In that event, the full amount of interest and penalties,
calculated as if this Agreement had not been made, shall immediately
become due and payable; and the City may disconnect utility services and
pursue its legal remedies to collect the sums due.
3. Entire Agreement.
This Agreement constitutes the entire agreement between the City and Olympic
Laundry and it supersedes all prior communications and proposals, whether
electronic, oral, or written between the City and Olympic Laundry with respect to
the delinquency covered by this Agreement.
IN WITNESS WHEREOF, the City and Olympic Laundry have executed this Agreement
as of the date and year last written below.
CITY OF PORT ANGELES
B .s►.
Title: 2 mop.,
Date: 3
OLYM RY
By:
Title.
2 ice y
Date: