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Z-2-1 <br />6V <br />Revenue Share — Contractor shall, on a monthly basis, rebate an amount to the C�y based on thzza., <br />following fon-nula: <br />1. The City will be charged a $74 per ton processing'fee and the City will receivi, <br />100% of the revenue for all tons collected in the City after the processing fee. <br />The following Market Indexes will be used for the following material: <br />Material <br />Market Index <br />News Mix: <br />PPW/OBM - ONP #8 High side Chicago <br />Cardboard: <br />PPW/OBM - OCC #11 High side Chicago <br />Boxboard: <br />PPW/OBM — Mix Paper #2 High side Chicago <br />Carrier Stock- <br />PPW/OBM - Mix Paper #2 High side Chicago <br />Phone Books: <br />PPW/OBM - Mix Paper #2 High side Chicago <br />Textiles: <br />Market Price <br />Aluminum Cans.- <br />Market Price <br />Steel Cans: <br />Market Price <br />HDPE NAT: <br />Recycling Markets.net - Chicago/Midwest Regio nal Low <br />Last Day of Month <br />HDPE Col: <br />Recycling Markets.net - Chicago/Midwest Regional Low <br />- Last Day of Month - <br />PET: <br />Recycling Markets.net - Chicago/Midwest Regional Low <br />- Last Day of Month <br />Tubs and Lids: <br />Market Price <br />Thermoform: <br />Market Price <br />Mix Glass: <br />Market Price <br />Milk Cartons /Juice Boxes: <br />Market Price <br />Residual: <br />RRT - Newport <br />Each month the Contractor shall provide, together with the monthly rebate to the City, <br />adequate documentation of the corresponding monthly estimate of tons of all paper <br />grades and tons of aluminum collected from the City. Also, the Contractor shall provid <br />copies of the referenced 013M market index and AMM market index. <br />Monthly Statements —The Contractor will submit a monthly statement for services rendered. The <br />City will pay within 60 days of receipt of the Contractors monthly statements. <br />5.6 CDU Yearly Review — Yearly the City and the Contractor will review additions or subtractions fro <br />hi <br />the total CDU count. Should the Contractor request more frequent review, the City will assist in t �11 <br />count and discussion. <br />6.1 Free walk-up service as specifiied in 1.20 shall be provided for all customers who request il <br />6.2 The Contractor must conduct at least once per quarter, or as agreed upon by the C�y and the <br />Contractor, curbside recycling cart checks. The Contractor shall audit the contents of carts from at <br />least 25 households and leave education tags if any Non -Targeted Materials are found in the bins. A <br />log shall be kept of all resident addresses where education tags were left and the addresses shall be <br />included in the annual report to the City. <br />PAGE 10 OF 13 <br />