COMPLIANCE INFO_1972-1992 - Laserfiche WebLink

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et 8 operation. City agrees to process and mix approximately 100 cubic yards of dirt annually for County, for use by County at the site provided that the liquid asphalt for the mix is paid for by County to City. 9. City shall have the right to have its franchise refuse collector continue to deposit refuse collected from the residents of the City of Lodi at said Landfill. City shall pay to County commencing as of the effective date of this Agreement, an amount equal to five percent (5'16) of the gross refuse fees collected from residents of the City. The first payment shall be made by City to County on March 1, 1975 and shall cover the period of collections received by City for the month of January 1975 and payment shall continue monthly thereafter for the succeeding months of this Agreement. As of the close of the fiscal year on June 30, 1975, County shall make an accounting and determination of the cost of operation of said Landfill. In the.event that said operation has been operated at a loss, then City agrees that the percentage will be increased from 5% to a maximum of seven percent (776) of the collections made by the City. In the event that said financial statement shows that County has operated the site at a profit, then said percentage figure shall be reduced from 5% to a minimum of three percent (31/6). Thereafter and for the ensuing fiscal year this percentage figure shall remain unchanged based upon the foregoing formula until the ensuing fiscal year of June 30, 1976 at which time a similar adjustment will be made by the City and County following the aforesaid formula and a like adjustment shall be made annually thereafter within the limitations set forth herein. It is County's intent to operate said Landfill on a "break even" basis. Therefore, in the event any monies or credits are due either party by reason of the adjustments contemplated by this paragraph, said payments or credits shall cover the preceding six months and, thereafter, the preceding twelve months. Payment of any monies or allowance of any credit shall be made within 60 days after the end of each fiscal year during the period of this Agreement. 10. City will pay County a sum of money equal to the amount of accrued sick leave and vacation pay as to all City employees who will transfer into the employ of County for the purposes of working said Landfill site. The amount of money to be paid by City to County shall be computed from the time of employment of that particular employee with the City, up to and including December 31, 1974. Said payment shall be made by City to County within 30 days of the effective date of this Agreement. 11. County does hereby agree to indemnify and save City free and harmless from any and all liability for injury or damage to persons or property in connection with its operation and use of the property leased by City to County. In this connection, County agrees to cause City to be named as an additional assured on its comprehensive liability insurance -3-