Initial Rates. After making each Advance, FFB shall deliver, by facsimile transmission, to the Borrower and RUS written confirmation of the making of the respective Advance, which confirmation shall:
Initial Rates. The rates that are in place as of the Effective Date of this agreement are the initial rates that will used as the base rates for year one.
Initial Rates. Franchisee will submit required financial documentation for this service as part of an integrated solid waste rate application. The rate application will comply with the guidelines set forth in the City's "Rate Setting Process and Methodology Manual for Integrated Solid Waste Management Rates". The portion of the rate attributable to this service shall be identified as part of the Council rate-setting process but will not be separated from the integrated rate.
Initial Rates. The rates that are in place as of the Effective Date of this agreement are the initial rates that will used as the base rates for year one. The initial rates are shown in the rate schedule shown as Attachment D, as determined by the Plumas County Board of Supervisors in Resolution No. 17- 8228. Subsequent rate adjustments shall also be established by resolution of the Board of Supervisors, and shall appear as the rate schedule shown in Attachment D, as amended from time to time, replacing the prior rates.
Initial Rates. The initial rates to be charged and applied effective as of the Operational Commencement Date are contemplated to be as set forth in Schedule VI-6, subject to revision by the Board following development of the Initial Budget. The Board will analyze, review and revise rates, annually as provided by the terms of this Agreement.
Initial Rates. Upon the Effective Date, the Volume Rate shall be: Volume Rate - $2.32 per 1,000 gallons The Maximum Day Demand is 2.0 MGD The component costs of the Volume Rate on the Effective Date is: Raw Water Costs - $1.27 per 1,000 gallons Electrical Costs - $0.11 per 1,000 gallons Chemical Costs - $0.12 per 1,000 gallons Regulatory Costs - $0.00 Operation and Carrying Costs - $0.82 per 1,000 gallons
Initial Rates. Rates applicable upon the Commencement Date of this Agreement will be 1606 determined through the 2024 Base Year rate-setting process in accordance with Exhibit E. 1607 C. Rates for Subsequent Rate Periods. Rates for subsequent Rate Periods shall be adjusted annually 1608 in accordance with this Section 8.2 and Exhibit E. 1609 The interim year index-based adjustment, which is described in Exhibit E, involves use of various 1610 cost adjustment factors (such as the percentage change in the consumer price index and changes 1611 in disposal fees) to calculate adjusted Rates. Such Rate adjustment calculations shall be performed 1612 in strict conformance to the procedures described in Exhibit E. 1613 Base year Rates shall be adjusted using the cost-based methodology described in Exhibit E that 1614 involves a review of Contractor’s actual costs and revenues and projection of costs and revenues 1615 for the coming Rate Period. This cost-based Rate adjustment will be performed instead of the 1616 index-based Rate adjustment for that Rate Period. The cost-based adjustment process is intended 1617 to provide the County an opportunity to adjust Rates to more accurately reflect actual revenues 1618 and costs of operations. Such Rate adjustment calculations shall be performed in strict 1619 conformance to the procedures described in Exhibit E. 1620 8.3 EXTRAORDINARY RATE ADJUSTMENTS 1621 1622 In the event of any Change in Scope (as defined below) or any Change in Law (as defined in Exhibit A) 1623 either of which results in an increase or decrease in Contractor’s costs or revenues, in the event of an 1624 Extraordinary Cost Increase (as defined below), or in the event of any Change in Fees (as defined below), 1625 an appropriate adjustment will be made in the Rates in order to compensate, to the maximum extent 1626 possible, for such increase or decrease in costs, revenues or Fees, commencing from the date(s) such 1627 increase or decrease first occurs using the rate-setting process described in Exhibit E as amended by 1628 Section 8.4 of this Agreement. Any Rate adjustment due to a Change in Scope, a Change in Law or an 1629 Extraordinary Cost Increase shall be in the reasonable discretion of County.
Initial Rates. After making each Advance, FFB shall deliver, by facsimile transmission, to the Borrower RUS
Initial Rates. After the first Cost of Service Study that is completed the initial Volume Rate and the Demand Rate shall be determined as set forth in this Article: The raw water rate shall be the out-of-district rate as determined by the Tarrant Regional Water District. Upon the Effective Date of this Agreement and until Tarrant Regional Water District adjusts its raw water rate charged to Arlington, the Raw Water Rate shall be: Raw Water Rate - $0.76792 per 1,000 gallons
Initial Rates. Except as provided in Paragraph 5.4 below, the Rates for the first year of this amended and extended Agreement (November 1, 2017 through December 31, 2018) shall not exceed those set forth in Exhibit B. Thereafter, Rates will be adjusted annually based on the formula set forth in section 5.3.
