Common use of Change of Rates Clause in Contracts

Change of Rates. For each year after the expiration of the initial rate established as provided in Section 7, the CDD may increase its retail wastewater rates and the wholesale rate paid by Xxxxx either (i) by a percentage not exceeding the price-increase-or-decrease index established during that year by the Florida Public Service Commission for wastewater utilities as required by Section 367.081(4)(a) of Florida Statutes, or (ii) as determined and calculated by a rate study performed by one of the firms listed in Section 7.

Change of Rates. For each year after the expiration of the initial rate established as provided in Section 7, the CDD may increase its retail wastewater rates and the wholesale rate paid by Xxxxx either (i) by a percentage not exceeding the price-increase-or-decrease index established during that year by the Florida Public Service Commission for wastewater utilities as required by Section 367.081(4)(a) ??? of Florida Statutes, or (ii) as determined and calculated by a rate study performed by one of the firms listed in Section 7.

Change of Rates. For each year after the expiration of the initial rate established as provided in Section 7, the CDD may increase its retail wastewater rates and the wholesale rate paid by Xxxxx either (i) by a percentage not exceeding the price-increase-or-decrease index established during that year by the Florida Public Service Commission for wastewater utilities as required by Section 367.081(4)(a) ??? of Florida Statutes, or or Section 367.081(4)(a) (ii) as determined and calculated by a rate study performed by one of the firms listed in Section 7.