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conditions hereof, the parties hereto do hereby agree as follows: <br />PARAGRAH 2 of the Original Agreement is amended to read as follows: <br />2. TERM OF CONTRACT: CONTINUATION OF RIGHTS <br />The term of this Agreement shall begin upon execution of this Agreement and shall extend <br />to June 30, 2018. <br />PARAGRAPH 5 of the Original Agreement is amended by adding new section "d" to read <br />as follows: <br />5. MAXIMUM RATES <br />a. Hauling Rate <br />CONTRACTOR shall charge rates for collection of C&D Debris that are no <br />higher than those rates set forth in Attachment A. <br />b. Processing Rate <br />CONTRACTOR shall pay Madison Materials for processing of C&D Debris <br />rates that are no higher than those set forth in Attachment B. <br />c. Adiustments <br />The Hauling Rate and Processing Rate will be adjusted effective July 1 each <br />year in an amount equal to 90% if the April Consumer Price Index for All Urban <br />Consumers (base year 1982-1984 = 100) for Los Angeles -Anaheim -Riverside <br />area, published by the United States Department of Labor, Bureau of Labor <br />Statistics. In calculating new rates, the program surcharge and host fees shall be <br />excluded from the rates before such adjustment (increase or decrease) is made. <br />d. Evaluation of Rates <br />The CITY will take steps to ensure that the Hauling Rate and Processing Rate <br />remain competitive with other Orange County facilities. Commencing in 2008, <br />the CITY will conduct a rate comparison every three (3) years of surrounding <br />Orange County facilities. The CITY will meet and confer with the Contractor to <br />adjust rates to a level that is competitive with the market hauling and processing <br />rates for the surrounding Orange County facilities. <br />Except as expressly amended herein to extend the term of the agreement and to allow for a rate <br />comparison, the Original Agreement shall remain in full force and effect. <br />2 <br />