Compensable Solid Waste definition
Examples of Compensable Solid Waste in a sentence
Upon Commencing Operation of the Landfill, Green Ridge will pay to the County a Host Fee of $1.50 per ton for each ton of Compensable Solid Waste accepted for disposal in the Landfill.
For example, if there were twenty-six (26) days in the month of May that Green Ridge accepted Compensable Solid Waste for disposal at the Landfill, Green Ridge would pay to the County $1.50 for every ton of Compensable Solid Waste accepted by the Landfill during that month of May up to 91,000 tons and shall pay to the County $2.75 for every ton of Compensable Solid Waste accepted by the Landfill for that month of May in excess of 91,000 tons.
Green Ridge will pay the County an additional $1.25, yielding a total fee of $2.75, for every ton of Compensable Solid Waste accepted for disposal in the Landfill during each calendar month in which the Landfill accepts on average more than 3,500 tons a day in that month based on the number of days the Landfill operated in that month.
This minimum guaranteed payment shall be paid irrespective of the volume of Compensable Solid Waste accepted at the Landfill, and such guaranteed payment shall be adjusted annually on each July 1 to reflect increases in the Consumer Price Index (CPI-U) published by the Bureau of Labor for all urban consumers, with a minimum increase of one percent (1%) and a maximum increase of three percent (3%) on each anniversary.