SOLID WASTE FRANCHISE AGREEMENT BETWEENSolid Waste Franchise Agreement • November 18th, 2019 • Nevada
This Solid Waste Franchise Agreement ("Franchise Agreement" or this "Agreement") is entered into as of the Effective Date, as defined below, by and between Storey County, Nevada ("Franchisor" or "County") and Waste Management of Nevada, Inc., a Nevada corporation, d/b/a Storey County Sanitation ("Franchisee" or "Contractor"), for the collection, transportation, and disposal of Solid Waste. Franchisor and Franchisee may be referred to herein collectively as the "Parties" or individually as a "Party."
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Operating Margin Staff Proposal Republic Services Proposal Below 8% (and no extraordinary rate increase) 125% of CPI 125% of CPI 8%-9% 100% of CPI 100% of CPI 9%-10% 75% of CPI 100% of CPI 10%-11% 50% of CPI 75% of CPI 11%-12% No Adjustment 75% of CPI More than 12% No Adjustment No Adjustment
