The City of South Pasadena does hereby select
Progressive Waste Solutions of Florida, Inc., as the contractor for
the Solid Waste and Recycling Collection Agreement attached hereto
as Exhibit 1 to this ordinance.
Progressive Waste Solutions of Florida, Inc.,
shall have 15 days to execute the Solid Waste and Recycling Collection
Agreement. Prior to the effective date of the Franchise Agreement,
Progressive Waste Solutions of Florida, Inc., shall substitute for
the proposal security a performance payment bond in the amount of
$200,000. The Mayor is authorized and directed to execute Exhibit
1 on behalf of the City.