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STATEMENT OF AGREEMENT RENEWAL <br />INTERCEPTOR MAINTENANCE AGREEMENT NO. 127 <br />The Metropolitan Waste Control Commission and the City of Little Canada <br />agree to renew the Interceptor Maintenance Agreement No. 127 which is <br />currently in force between these parties. The terms of the Agreement <br />for the renewal period shall be the same as those contained in the Agree- <br />ment which was executed for the January 1, 1976 - December 31, 1976 period <br />with the exception of Section 6.02: <br />"Section 6.02 Cost Estimates; Payments." The parties estimate that <br />the total amount of costs which the Commission will be required to pay <br />to the Municipality for performance of this Agreement in 1977 will be <br />$10,000. Such amount shall be paid in twelve monthly installments <br />as an advance payment of such costs. On or before February 1, 1978, the <br />Municipality will submit to the Commission 'a detailed statement of the <br />actual costs incurred by the Municipality which the board is required <br />to pay in accordance with Section 6.01, and will remit to the Commission <br />any amount paid to the Municipality which is in excess of such actual <br />costs. If the total of the monthly advances paid by the board is less <br />than the actual amount of such costs, the Commission shall pay to the <br />Municipality on or before March 1, 1978 an amount equal to the difference <br />between the actual costs and the monthly advances previously paid. <br />The Municipality shall keep detailed records supporting all costs of <br />the types specified in Section 6.01 which it expects the Commission to <br />pay, and shall make the same available to the Commission on request. <br />The renewal period for Interceptor Maintenance Agreement No. 127 shall be <br />January 1, 1977 - December 31, 1977. That both parties agree to the renewal <br />period and terms is evidenced by the signatures affixed to this statement. <br />FOR THE CITY OF LITTLE CANADA FOR THE METROPOLITAN WASTE CONTROL COMMISSION <br />Dated <br />Dated <br />