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HomeMy WebLinkAboutResolution #5358 P03 cell c.}(UV 1Ser.#Canton-2022 �b 1 Sunny Street "SZE ®® mys Farmington,IL 61531 �®®� ® I /��i� Phone:(309)245-4846 Fax:(309)245-4888 Customer Fuels Contract This agreement, made on this date of Janua 30, 2022 by and between.Lozier Oil Company, Inc., hereafter referred to as Seller and City of Can on hereafter known as Patron, Witnesseth: 1. Patron agrees to purchase from Seller th liquid fuels specified herein, to be delivered and paid for according to the terms and conditions of this agreement. 2. Patron agrees to take delivery of full amount of liquid fuels in the month contracted. 3. In the event Patron does not take full delivery of contracted fuel in designated month, Lozier Oil Company, Inc. has the option of incurring a penalty for each undelivered gallon as follows: a. Customer agrees to pay Lozier Oil Company, Inc.the difference between contracted price and average rack price reported the month the fuel is contracted. Lozier Oil Company, Inc.will provide Patron with-documented rack pricing for month in question. b. In the event the rack price is at a lower price than contracted price, Lozier Oil Company, Inc. has the option of reclaiming any unused contracted gallons at no extra charge to the Patron. c. Lozier Oil Company, Inc.has the option to allow the Patron to carry over the unused gallons into the next month or extend the contract on a monthly basis until all contracted gallons are used. d. Lozier-Oil will provide Customer with option to purchase fuel at daily rack pricing in the event the rack pricing is cheaper than the published contract price. Gallons purchased at the rack pricing will be deducted from the contracted gallons. gvery ye , . . January 2022 February 2022 500 2.519 2300 2.989 2500 3.279 March 2022 500 2.519 2300 2.989 2500 3.289 Apri12022 500 2.499 2300 2.969 2500 3.289 May 2022 500 2.499 1 1 2300 2.969 2500 3.269 June 2022 500 2.499 2300 2.969 2500 3.249 July 2022 500 2.499 2300 2.969 2500 3.239 August 2022 500 2.489 2300 2.959 2500 3.229 September 2022 500 2.489 1 2300 1 2.959 2500 3.229 October 2022 500 2.479 2300 2.949 2500 3.219 November 2022 500 2.479 2300 2.949 2500 3.219 December 202 500 2.479 2300 2.949 2500 3.199 Terms: All contracted fuels delivered in transport quantities are due NET 10 DAYS of delivery and not subject to discount.All tank-wagon deliveries are due NET 30 Days from day of delivery and are not subject to discount. 'All quoted contract prices include applicable taxes.Taxes w' be charged at the time of invoicing. / By: u L By: Date:-44Z Patron zier Oil Company, Inc.