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AGREEMENT REGARDING THE FUEL STATION <br />BETWEEN THE CITY OF ORONO AND THE <br />ORONO SCHOOL DISTRICT (ISD #278) <br />THIS AGREEMENT ("Agreement") is by and between the ORONO SCHOOL <br />DISTRICT (ISD #278) ("School District") and the CITY OF ORONO, a Minnesota municipal <br />corporation ("City"). <br />NOW, THEREFORE, in consideration of the mutual undertakings herein, the parties <br />hereto agree as follows: <br />1. FUEL STATION. <br />A. The City shall permit the School District to utilize its fuel station located at <br />2700 Kelley Parkway, Orono, MN 55356. <br />B. The School District shall compensate the City for the fuel it purchases from <br />the City's fuel station and agrees to take a minimum of the fixed price fuel in accordance with the <br />projections provided as requested in conjunction with the State contract fuel price process. All fuel <br />beyond the projected amount will be charged at the spot price. Requests for usage projections will <br />be requested annually by the City. <br />2. TERM. <br />A. This Agreement shall commence on February 1, 2020 and end on January <br />31, 2021 and is automatically renewed unless the School District provides written notice to the City <br />by September 30 of the prior year. <br />B. The City may terminate this Agreement at any time, provided that the City <br />shall give the School District thirty (30) days' written notice before the termination becomes <br />effective. <br />3. PAYMENT. <br />Error! Unknown document property name. <br />