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8/30/62 ® 1® <br /> All rates under this agreement may be subject to <br /> review and adjustment annually. Said adjustment shall be <br /> based on business conditions in general including the cost <br /> of equipment, labor, materials and rates which from time to <br /> time be established for garbage and refuse disposal services <br /> by other public agencies. Written notice of any review or <br /> adjustment desired under this paragraph may be made by either <br /> party. Contractor's request for adjustment may require the <br /> demonstration of financial need by submitting a certified profit <br /> and loss statement prepared by a CPA and secured at the con- <br /> tractor s expense. <br /> 28. To insure the establishment, operation and <br /> maintenance of the garbage and refuse disposal facility by <br /> Contractor in the manner and subject to the terms and condi- <br /> tions as herein provided, Contractor shall file with the City <br /> within thirty (30) days from the effective date of this Agree- <br /> ment a good and sufficient surety bond in the amount of FIFTEEN <br /> THOUSAND AND N0/100 ($L5,000.00) DOLLARS, guaranteeing the <br /> faithful performance of this Agreement with a bonding company <br /> acceptable to the City, which performance bond shall be main- <br /> tained by the Contractor in full force and effect during the <br /> term of this Agreement. <br /> 29. In the event that the City exercises its option <br /> to retain or otherwise dispose of garden refuse, park refuse, <br /> tree trunks and stumps and other similar materials pursuant to <br /> Section 20 of this Agreement, which constitutes a large per- <br /> centage of the materials that would otherwise be disposed of at <br /> Contractor's Site, the City shall not thereafter participate in <br /> any revenue received by Contractor from members of the public <br /> during such option. <br /> -1 - <br /> 1®;lr <br />