EXCESS C AR T E XC HANG Sample Clauses

EXCESS C AR T E XC HANG. E C AL C UL ATION E XAMPLE S Garbage Cart exchanges in District A will be paid for up to 0.254% and over 5.039% of the average housecounts. Average housecounts is the sum of the housecounts from the monthly invoices divided by twelve. Jul housecounts + Aug housecounts + Sep housecounts… + Jun housecounts 12 Example: total exchanges = 4,800 average housecount = 93,600 Exchanges will be paid for, up to 0.254% of 93,600 = .00254 x 93,600 = 238 exchanges Exchanges will be paid for, over 5.039% of 93,600 = .05039 x 93,600 = 4,717 exchanges Pay up to 238 exchanges pay 238 Pay over 4,717  total exchanges (4,800) – 4717 = 83 +83 Total paid = 321 exchanges Payment = 321 exchanges x $47.59/exchange = $15,276.39 Garbage Cart exchanges in District C will be paid for up to 0.155% and over 3.904% of the average housecounts. Average housecounts is the sum of the housecounts from the monthly invoices divided by twelve. Jul housecounts + Aug housecounts + Sep housecounts… + Jun housecounts 12 Example: total exchanges = 2,300 average housecount = 67,000 Exchanges will be paid for, up to 0.155% of 67,000 = .00155 x 67,000 = 104 exchanges Exchanges will be paid for, over 3.904% of 67,000 = .03904 x 67,000 = 2,616 exchanges Pay up to 104 exchanges pay 104 Pay over 2,616  total exchanges (2,300) – 2,616 = -316 + 0 none over Total paid = 104 exchanges Payment = 104 exchanges x $47.59/exchange = $4,949.36
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