Special Rate Adjustment Sample Clauses
Special Rate Adjustment. A special rate change may be approved at any time it 41 can be established that there is good cause based on a significant change in circumstances. 42 Significantly changed circumstances may include City directed changes in service pursuant to 43 Section 25.03, or other dramatic changes in costs not within the control of CONTRACTOR. If 44 CONTRACTOR does desire to seek a special rate change, CONTRACTOR shall submit to the 45 City Manager a thorough written explanation of the significantly changed circumstances, as well 46 as an explanation of why these extraordinary circumstances constitute good cause for making 47 such an application and the amount of the rate adjustment requested by CONTRACTOR, 1 together with such other data and supporting documentation as may be required by City 2 Manager.
3 4.04.1 The City Manager shall determine within 90 days whether good cause 4 exists for an adjustment in rates. If it has been determined that good cause does exist, a 5 hearing on the proposed maximum rate adjustments will be scheduled before the City Council 6 within 60 days after the City Manager’s determination. The City Council shall consider the 7 CONTRACTOR’s application and such other materials and information reasonably requested by 8 the City Council from CONTRACTOR to assess the merits of CONTRACTOR’s application. The 9 City Council will consider an adjustment to CONTRACTOR’s maximum rates to compensate 10 CONTRACTOR for its reasonable, net costs of providing such additional or modified services.
Special Rate Adjustment. Rate Year 10
Special Rate Adjustment. A. Circumstances that Affect Ability to Perform. Contractor may apply to Authority for consideration of a special rate adjustment should an event or circumstance arise which materially affects Contractor's ability to perform under this Agreement resulting from one or more of the following:
(1) Mandatory changes in Disposal methods or sites by any political body which may now or in the future have legal jurisdiction.
(2) Changes in State or local fees mandated to be collected by Contractor.
(3) Flood, earthquake, other acts of God, war, civil insurrection, riots, or other similar catastrophic events beyond the control of Contractor. Printed on >30% post-consumer recycled paper
B. Circumstances that Increase Costs of Operation. Contractor may apply to Authority for consideration of a special rate adjustment should an event or circumstance arise which is a result of one or more of the following:
(1) Any change in law that increases the annual cost of Contractor's operation relating to this Franchise Agreement by more than five (5) percent.
(2) Mandatory changes to operations as provided under Section 5.14.
(3) Tip fees at the Del Norte County Transfer Station for mixed wastes increase by more than five (5) percent since the Commencement Date, or since the date when the disposal components of rates were most recently adjusted.
Special Rate Adjustment. If changes in existing services or new services result in decreased costs or increased revenues to Contractor, Authority will have the right to reduce Contractor's maximum rates accordingly.