FRANCHISE FEES AND OTHER FEES. 54 7.1 Franchise Fee 54 7.2 Adjustment to Fees 54 7.3 Payment Schedule and Late Fees 54
FRANCHISE FEES AND OTHER FEES. 19 7.1 FRANCHISE FEE 19 7.2 ADMINISTRATIVE FEE 19 Pacific Grove/GreenWaste Recovery −i− 2015−2030 Franchise Agreement 7.3 AB 939 FEE 20 7.4 HHW FEE 20 7.5 VEHICLE IMPACT FEE 20 7.6 LITTER ABATEMENT FEE 20 7.7 ADJUSTMENT TO FEES 20 7.8 PAYMENT SCHEDULE AND LATE FEES 20
FRANCHISE FEES AND OTHER FEES. 2113 The highlighted text below will be filled in to reflect the option selected by Council. 2114 7.1 Franchise Fee 2115 In consideration of the rights provided Contractor herein, Contractor shall pay Franchise Fees to City 2116 each month equal to percent ( %) of Gross Receipts for all services performed under this 2117 Agreement. 2118 7.2 Adjustment to Fees 2119 City may set other fees or adjust the fees established in this Article from time to time during the Term of 2120 this Agreement and such adjustments shall be included in the adjustment of Maximum Rates as 2121 described in Exhibit D. 2122 7.3 Payment Schedule and Late Fees 2123 At the end of each month, during the Term of this Agreement, Contractor shall remit to City all fees for 2124 the previously completed month as described in this Article. Such fees shall be remitted to City and sent 2125 or delivered to the City Contract Manager. If such remittance is not paid to City on or before the last day 2126 of the month, all fees due shall be subject to a delinquency penalty of two percent (2%), which attaches 2127 on the first day of delinquency. The delinquency penalty shall be increased an additional two percent 2128 (2%) for each additional month the payment remains delinquent. 2129 Each monthly remittance to City shall be accompanied by a statement listing the amount of each fee 2130 paid; calculation of each fee; and, statement of Gross Receipts, by Customer Type for the period 2131 collected from all operations conducted or permitted by this Agreement. City Contract Manager may, at 2132 any time during the Term, request a detailed calculation of Gross Receipts which may include, but is not 2133 necessarily limited to, the number of Customers charged at each Service Level and Rate for each billing 2134 period. 2135 City Contract Manager may, at any time during the Term, perform an audit of Contractor’s xxxxxxxx and 2136 payment of fees. Contractor shall cooperate with the City Contract Manager in any such audit. Should 2137 City or its agent perform this review and identify billing errors or other errors in payment of fees valued 2138 at one (1) percent or more of Gross Receipts, Contractor shall, in addition to compensating City for lost 2139 fees, reimburse the City’s cost of the review.
FRANCHISE FEES AND OTHER FEES. 9.1 FRANCHISE FEE The Parties acknowledge that certain solid waste management, Recycling and associated services are provided by the CITY in connection with this Agreement, which are part of a comprehensive program of activities designed to effectuate the purpose of this Agreement. To reimburse the CITY for the costs of such services, including CITY’s costs incurred in administering this Agreement, and in consideration of the exclusive franchise granted to the CONTRACTOR by this Agreement, the CONTRACTOR shall pay the CITY a franchise fee. The franchise fee shall be a percentage of the CONTRACTOR’s Gross Receipts net of surcharge fees billed each month under the terms of this Agreement. For purposes of calculating franchise fees, Gross Receipts shall specifically include revenue billed by the CONTRACTOR for the provision of Collection Services by the CONTRACTOR, and exclude surcharge fees. The franchise fee percentage shall be eight (8) percent unless otherwise adjusted by the CITY. Three (3) percent of the eight (8) percent franchise fee will be allocated to address road maintenance and operational impacts. In the event that the CITY adjusts the franchise fee percentage, CITY shall adjust the Maximum Service Rates to incorporate any such changes in the franchise fee percentage prior to the time that the new franchise fee percentage becomes effective. To give effect to the intent of the 3rd, 4th and 5th sentences of this paragraph, the Parties agree that the franchise fee charged to the CONTRACTOR shall be calculated by dividing the base service rate element of each Maximum Service Rate by one (1) minus the franchise fee percentage (for example 1.00 - .08 = 0.92); subtracting the base service rate element; and rounding the resulting figure to two (2) decimal places. If the base service rate element of a Maximum Service Rate changes for any reason, the franchise fee element will be recalculated.
FRANCHISE FEES AND OTHER FEES. 1206 8.1 FRANCHISE FEE 1207 In consideration of the rights provided Contractor herein, including the right to use RA Member’ streets 1208 and property, Contractor shall pay franchise fees to each RA Member each quarter equal to the 1209 following percent of Gross Receipts for all services performed under this Agreement: 5% for City of 1210 Hollister, 10% for residential in San Xxxx Xxxxxxxx and 15% for commercial, and 5% for County of San 1211 Xxxxxx. 1212 This fee will include an amount to cover an in-lieu property tax payment of at least $10,154 if the 1213 Contractor’s operation and maintenance yard is located outside the County. This fee may be adjusted by 1214 governing body resolution.
FRANCHISE FEES AND OTHER FEES
