12/07/1976 Agreementi
iw
LOAN AGREEMENT
This Agreement is between Goodyear Tire and Rubber Company
of L144 East Market Street, Akron, Ohio, 44316 (herein referred
to as Goodyear) and the Board of County Commissioners of Monroe
County, Florida, Post Office Box 1680, Key West, Florida (herei;.
referred to as the County).
The purpose of this agreement is to allow Monroe Counzy,
i,orida, through its Public Works Department, for a fee of�.�
p`r one -half -year, to use, operate and maintain for a period ;
six (6) months the following equipment provided by Goodyear:
1.
LOAN AGREEMENT
This Agreement is between Goodyear Tire and Rubber Company
of L144 East Market Street, Akron, Ohio, 44316 (herein referred
to as Goodyear) and the Board of County Commissioners of Monroe
County, Florida, Post Office Box 1680, Key West, Florida (herei;.
referred to as the County).
The purpose of this agreement is to allow Monroe Counzy,
i,orida, through its Public Works Department, for a fee of�.�
p`r one -half -year, to use, operate and maintain for a period ;
six (6) months the following equipment provided by Goodyear:
1.
One
(1)
Goodyear Scrap Tire Bundler
2.
One
(1)
Goodyear Scrap Tire Piercing Machine
3.
One
(1)
Wayne air compressor - gasoline powered.
4.
One
(1)
Signod Strapping Tool
5.
One
(1)
Signod Strap Sealing Tool
The above is to be furnished subject to the following pro-
visions:
A. The County agrees to pay actual cost of shipment of
the loaned items from Naples, Florida, to a point designated for
first use, and upon completion of the Marathon Key reef building
or expiration of this agreement to pay costs of return to Ce�-
_9hfo .
�.Theequipment shall be used only for the purpose of
punching, compacting and strapping motor vehicle tires into
bundles to be used by County for constructing a tire -based art��'i-
cial reef.
C. Goodyear shall supply a reasonable amount of on -site
technical assistance to assist the County in setting up the
property and training personnel in the operation thereof.
D. The County shall use the property in a careful any
pzoper manner, shall comply with all applicable laws and regui -
tions, and shall maintain the property in good repair and cone -Lion.
l
- 2 -
The County hereby assumes all risks of loss and damage to the
property from any cause whatsoever and agrees that the property
will be returned to Goodyear in the same appearance and condition
as when received, ordinary wear and tear excepted.
E. Goodyear shall have no liability for and the County
shall hold Goodyear harmless from claims arising from injury
to persons or property arising from the use of the loaned equipment
after it is delivered to the original site and Goodyear has in-
structed County staff and/or County's representative in proper use
and operation of the equipment.
F. The property is and shall at all times remain the sole
property of Goodyear and the County shall have no right, title, or
interest therein except as expressly set forth in this Agreement.
G. This Agreement may be extended beyond the original six
(6) month period by mutual agreement of both parties hereto.
IN WITNESS WHEREOF, the parties have executed this Agreement
the 7th day of December
(Seal)
AMA
Witnesse
, 1976.
THE GOODYEAR.TIRE & RUBBER COMPANY
By A4 lfa
Vice -President
BOARD OF COUNTY COMMISSIONERS OF
MONROE ;:,Y, FLORIDA
By
(Seal) Mayor and Chairman
At t e s-t-:---
C er