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HomeMy WebLinkAboutTrillium Transportation LOI Extension - 2.19.2024DocuSign Envelope ID: 461343AD-2AD6-4822-AFEE-B4DA6AF507BD CITY OF 4J4'ATERLO O IOWA Community of Opportunity 715 Mulberry St, Waterloo, IA 50703 9 Phone: (319) 291-0141 t. CITYOFWATERLOOIOWA.COM February 6, 2024 Trillium Transportation Fuels, LLC 2929 Allen Parkway Houston, TX 77019 Re: Extension of Letter of Intent — Renewable Natural Gas Projects ("Extension") Greetings: Your company ("Proposer") was preliminarily selected by the City of Waterloo ("City") for award of contracts pursuant to the Request for Qualifications/Proposals for the Development of Renewable Natural Gas Projects ("RFQ/RFP"), issued on or about February 7, 2023. A letter of intent ("LOI") was executed with the City effective August 21, 2023 based on the proposal and documents relating thereto that you submitted to City on or about April 21, 2023 (the "Submittal") for design, construction, and operation of renewable natural gas projects at the City's wastewater treatment plant and anaerobic lagoon (collectively, the "RNG Projects"). Pursuant to the terms of the LOI, on December 18, 2023, Proposer submitted notice of its intent to extend the LOI for an additional sixty (60) days ("Extension Period") and made the required payment of $5,000 to the City for such extension on or around January 8, 2024. With the foregoing in mind, it is proposed that: 1. An additional period of Ninety (90) days will be added to the term of the Extension Period ("Additional Extension Period") with no additional extension fee. 2. All other terms and conditions of the LOI shall remain in effect during the Additional Extension Period, including but not limited to provisions regarding insurance, indemnification, confidentiality, governing law and counterparts. This Extension shall be binding upon and inure to the benefit of the parties, and it shall become effective upon the date of execution and delivery by both parties. Each party represents that the person signing this Extension on its behalf has been duly authorized to do so. [signatures on next page] 1 DocuSign Envelope ID: 461343AD-2AD6-4822-AFEE-B4DA6AF507BD CITY OF 4J4TERLO0 IOWA Community of Opportunity CITY OF WATERLOO, IOWA By: Qiie Uz 9 z 1 DUALLY SIGNED Quentin Hart, Mayor 2/19/2024 Date: TRILLIUM TRANSPORTATION FUELS, LLC DocuSigned by: B> • '-1FFA5C357C4F4R5 Kevin Goodwin, VP & CFO Date: January 31, 2024 2