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on the <br />January 1 of each year upon request of the Contractor, with increases or <br />decreases being governed by the corresponding change in the Consumer <br />Price Index (U.S. City average - all items), during the twelve -month <br />period immediately preceding January 1, for which the data is available. <br />Any increase is subject to review and approval of the City. The <br />residential dwelling unit price established after each such revision shall <br />be the price on which the next subsequent revision shall be based." <br />(2) The parties aclmowledge that certain expenses of the Contractor and its <br />haulers may be subject to rapid escalation in the future over which the <br />Contractor has no control. The parties agree that these expenses <br />include, but are not limited to, disposal fees, worker's compensation <br />insurance, general insurance, and fuel costs. The parties further agree <br />that upon adequate support and documentation of said expense increases <br />and approval of the City, the residential unit price shall be adjusted for <br />each percentage increase in these costs; provided, however, that the <br />residential unit price shall be adjusted only upon a 10% or more <br />aggregate increase in these costs per year. <br />(3) <br />The parties further agree that the prices stated herein shall be increased <br />for all increases of existing or the imposition of new federal, state, <br />local, or other governmental agency excise taxes, sales tax, surcharges, <br />or other charges, subject to approval of the City." <br />IN WITNESS WHEREOF, the parties hereto have set their hands <br />date of , 1996. <br />CITY OF LITTLE CANADA, <br />A MUNICIPAL CORPORATION <br />By <br />Michael I. Fahey, Mayor <br />By <br />Joel R. Hanson, <br />City Administrator <br />-2- <br />Page 122 <br />