Res 1695 8/5/1975s a
RESOLUTION NO. /6f "
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA
FALLS, TEXAS, THAT:
That certain supplemental agreement, a copy of which is attached hereto,
between the City of Wichita Falls and The Goodyear Tire and Rubber Company, providing
for the leasing of bus tires to the City, is hereby approved, and the City Manager is
authorized to execute the same for the City of Wichita Falls.
PASSED AND APPROVED THIS the 5th day of August, 1975.
M A Y O R
ATTEST:
Galyu,ITY CL RK
I t
SUPPLEMENTAL AGREEMENT
Akron, Ohio 1975
The Mr;MORANDUM OF AGREEMENT dated June 9, 1937, by and between Wichita
Transit Corporation, of Wichita Falis, Texas (The City of Wichita Falls, Texas
being the successor thereof), and The Goodyear Tire & Rubber Company, Inc., of
Akron, Ohio (The Goodyear Tire & Rubber Company being the successor thereof by
merger), as last amended by Supplemental Agreement dated March 21, 1974, is
hereby further extended and amended as follows:
1. Said MEMORANDUM OF AGREEMENT is hereby extended to terminate on June 30,
1980 instead of June 30, 1975.
2. Effective as of July 1, 1975, Article 3 of the Supplemental Agreement dated
August 2, 1968, as amended, is hereby cancelled.
3. On all bus mileage run on and after July 1, 1975 and prior to January 1,
1976 the rates per bus mile applicable to Operator's current fleet of six-
wheel buses which are included in Operatorts current fleet of buses as shown
in the Revised Exhibit "A" attached hereto, shall be as follows:
Group "A" Buses - $.00665
Group "B" Buses - x.00830
Such rates shall hereinafter be referred to as Basic Rates. In computing
the payment due for mileage on buses other than six-wheel buses, the rates
shall be proportionately adjusted.
On January 1, 1976 and on the first day of each July and January thereafter
IN) during the term of this agreement, the mileage rates effective during the
next ensuing six-month period, shall, be determined by a computation as
hereinafter prescribed.
a. The average daily closing spot market price per pound for #1 smoked
ribbed rubber sheets on the Commodity Exchange, Inc., New York City,
shall be determined for the six calendar months immediately preceding
the computation date, and for each one cent or fraction thereof
that such average is over or under x.29 per pound, the Basic Rates
shall be increased or decreased, as the case may be, by .14 .
b. The average daily price per pound for GRS synthetic rubber quoted for
spot sales by the principal domestic producer selling on the open mar-
ket shall be determined for the six calendar months immediately pre-
ceding the computation date, and for each one cent or fraction thereof
that such average is over or under ).33 per pound, the Basic Rate shall
be increased or decreased, as the case may be, by .32, .
c. The average cost to Goodyear per pound of high tenacity nylon tire yarn
shall be determined for the six calendar months immediately preceding
the computation date, and for each one cent or fraction thereof that
such average is over or under .95 per pound, the Basic Rate shall be
increased or decreased, as the case may be, by .08; .
d. With respect to any period during which the price for such rubber or
476)
nylon tire yarn shall be fixed under order of any governmental agency,
such fixed price shall be substituted in the computation or computations
for the prices above mentioned.
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e. If the average hourly wage rate as hereinafter defined for the preceding
six-month period shall be more or less than X8.454 per hour, the Basic
Rates shall be increased or decreased by adding to or subtracting from
the Basic Rates, the per bus mile factor, multiplied by the number of
cents that the average hourly wage rate is above or below the base wage
rate of 48.454 per hour. The per bus mile factor for Group "A" buses
shall be determined by dividing 4.58 by the preceding six-month average
mileage of tires permanently removed from service from Group "A" buses,
the per bus mile factor for Group "B" buses shall be determined by
dividing 41;l.06 by the preceding six-month average mileage of tires
permanently removed from service from Group "B" buses. In the event no
tires are permanently removed from service during the preceding six-
month period, then the per bus mile factor shall be determined by
dividing by 50,000 miles for Group "A" buses, and by 65,000 miles for
Group "B" buses. The average hourly wage rate shall be the annual
average hourly rate of factory employees in the Tire and Tube Division
of Goodyear's Akron, Ohio factories, including all applicable public or
private employee benefits.
With the exceptions herein specifically enumerated, all the terms and
provisions of said MEMORANDUM OF AGtt'ENT dated June 9, 1937, as extended,
amended, and assigned, shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused these presents to be
signed in duplicate by their respective duly authorized representatives the day
and year first above written.
WITNESSES:
CITY OF WICHITA FALLS, TEXAS
BY
City Manager
ATTEST
City Clerk
THE GOODYEAR TIRE do RUBBER COMPANY
BY
Vice President
ATTEST
Assistant Secretary
C
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7 Revised Exhibit "A"
To Supplemental Agreement dated 1 975, between
CITY OF WICHITA FALLS, TEXAS, of Wichita Falls, Texas, and THE GOODYEAR TIE, &
RUBBER COMPANY.
SCHEDULE OF BUSES
Number Makes Single
of of Seating Tire Size or Dual
Buses Buses Model Capacity Front Rear Rear
Group "A" Buses
3 Flxible FX 522 7.00-18 7.00-18 Dual
Group "B" Buses
3 Twin Coach TC 3113 8.25-20 8.25-20 Dual
7 GMC 3102 9.00-20 9.00-20 Dual
4!Th