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2. "Fixed Assets" means land and all fixtures thereto. <br />3. CITY shall operate and manage the AREA and shall furnish all <br />personnel, services, supplies, and equipment necessary for the proper <br />operation of the AREA. None of the persons working at the AREA shall be <br />employees of COUNTY, but shall be employees or independent contractors of <br />CITY. COUNTY shall have no right or authority to direct.. manage, or <br />control the employees and independent contractors of CITY. <br />4. The manner of operation of the AREA by CITY shall be mutually <br />agreeable to the parties hereto. <br />5. The use of the AREA for disposal shall be made available to all <br />reuidents of the City of Tracy and the unincorporated areas of San Joaquin <br />County. <br />6. The fees to be charged the public for use of the AREA and its <br />hours of operation shall be those agreed upon by the parties hereto. <br />7. On or about May 1 every year, CITY shall submit to COUNTY a <br />proposed budget for the ensuing fiscal year commencing the following <br />July 1 and expiring on June 30. Within 60 days after submission of said <br />budget, COUNTY shall notify CITY of its approval. <br />S. 0n or about August 1 every year, CITY shall submit to COUNTY <br />a statement of the costs of operations of the AREA for the previous <br />fiscal year period commencing on July l to June 30, inclusive. The costs <br />of operations for the annual period shall include all actual expenditures <br />in the operation and management of said dump facilities, including <br />fifteen per cent (15%) of actual expenditures -to cover overhead expended <br />in said activity less revenue derived from fees charged the public and <br />sales of salvaged materials to arrive at a net operating cost. <br />or. or <br />.bout October l', the COUNTY shall pay to <br />CI z /21 of tiie COMITY'S' share of the budget sub.—V ec or. ... <br />about May 1. pursuant to paragraph 7 herein.and shall pay the amount <br />specified in the statement rendered by CrlY on or about August 1•pursuant <br />to paragraph 8 herein. <br />10. CITY or COU%TY.may each issue one commercial refuse or garbage <br />•4 <br />