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<br /> (7) <br /> <br /> If the COUNTY desires to increase the assessment cost pursuant to this paragraph <br />13(B), it shall give written notice thereof by June 15 of any year and such increase shall <br />apply to the assessment for the calendar year next following the current calendar year. Any <br />such notification shall specifically set forth the amount of any new construction and new <br />parcel appraisal charges. Notwithstanding any provisions herein to the contrary, if any such <br />increase, exclusive of any charge for the estimated costs of new construction and new parcel <br />appraisals, exceeds seven and one half percent (7.5%) of the amount charged for the <br />assessment for the then current calendar year, exclusive of any charge for the estimated <br />costs of new construction and new parcel appraisals, the CITY may cancel this Agreement <br />by giving to the COUNTY written notice thereof, provided that said cancellation notice must <br />be received by the COUNTY not later than July 24 of the then current calendar year and said <br />cancellation shall be effective no earlier than five (5) days after the receipt of said notice by <br />the COUNTY and not later than July 31 of said next calendar year. Supportive records of the <br />cost increase will be open to inspection by the CITY at such times as are mutually agreed <br />upon by the COUNTY and CITY. <br /> Failure of the COUNTY to give the CITY a price-change notice by June 15 shall <br />not preclude the COUNTY from giving CITY such notice after said date but prior to <br />August September 1 of any year, provided that if such price increase exceeds said ten <br />(10%) - all as above set forth - the CITY may cancel this Agreement if the COUNTY <br />receives notice thereof not later than thirty-nine (39) days from the date of receipt by the <br />CITY of any said late price-change notice, provided further that any such cancellation <br />shall be effective not earlier than five (5) days after COUNTY's receipt of said <br />cancellation notice and not later than forty-six (46) days after the CITY's receipt of any <br />said price-increase notice. <br />21