Temporary Proration of Revenue Guarantee. The MRF is not expected to be 37 operational until the Spring of Rate Year One. The Revenue Guarantee will be 38 prorated one time, during Rate Year One (2011). The proration will not reduce 39 the expected baseline tonnage for Rate Year One (74,022 Tons) but will be 40 applied to the Revenue Guarantee. Once the MRF equipment has been tested 41 by Contractor and accepted by Authority, the Authority will calculate the number 42 of days that the MRF is capable of full operation for the balance of Rate Year 43 One (2011). 44 As an example: 45 Revenue Guarantee - $6,500,000 46 First day MRF is fully operational - April 1 47 Number of days operational - 275 (April 1 - December 31) 48 Proportion of year operational - 75% (275 days/365 days) 1 Prorated Revenue Guarantee = $4,875,000 (75% x Revenue Guarantee)
