36 - Rate Increase Request on Landfill Services Agreement

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With the above stated, upon review of Section 6(e) of the agreement, it states, "The first CPI calculation shall include the ercenta a than a for the first twent four month eriod. Every year after, it shall be for a twelve month period from Anniversary date to Anniversary date." Therefore, if we utilize the language in the contract, the calculation, using the most current CPI information (July 2023), would be: July - 2021 253.319 July - 2023 288.006 Index Increase 34.687 Percentage Increase 13.69% Cap per Agreement 5.00% With the above said, we do believe a 5.00% rate increase is in line with the terms of the agreement, as you have requested. Said increase may begin on October 11, 2023. Item #2 — Donation Upon further review of the Landfill Agreement, pursuant to Section 12, Waste Connections Lone Star, Inc. "further agrees to donate $5,000.00 cash per year to the City,..." Upon a review of our records, we have not received this donation from you for either 10/11/21 — 10/11/2022 or 10/11/22 —10/11/23. Please remit this donation of $10,000.00 to the City of Paris at your earliest convenience. We greatly look forward to putting this money to good use. The intended goal is for this payment to be made each year without request. However, if Waste Connections would prefer that the City of Paris officially request that this donation be made, please consider this our official request that this amount be paid each year throughout the life of this agreement. We likewise would like to thank you for your partnership through our Landfill Service Agreement and we look forward to our continued work together, Sincerely, Grayson Path City Manager