36 - Rate Increase Request on Landfill Services Agreement

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SOLLPHONS Septemberl , 2023 Mr. Grayson Path, Honorable Mayor and Councilmembers City of Paris 135 S. E. 1st Street P.O. Box Paris, Texas 75460 Ref: Price Increase Request Honorable Mayor and City Council: Sanitation Solutions would like to take this opportunity to thank you for allowing us to service the solid waste needs for the Paris, Texas community. As you are aware, on the second anniversary of the effective date, the Base Rate is increased or decreased in accordance with the most recently published CPI index. This is in accordance with the solid waste landfill agreement of Article 6, Paragraph E, of page 5 of 14, which refers to the right to request increases in the base rates based on the same percentage as the consumer price index. We present our request in anticipation that the city will consider and approve a 5.00% increase based on the most recent CPI data. (Copy attached) The requested increase will be effective October 11, 2023. The following is the calculation used to derive the increase percentage: Last posted index for the month of May — 2022 274.196 Last posted index for the month of May — 2023 288.006 Index Increase 13.810 Percentage Increase 5.04% Effective combined increase percentage 5.00% (According to agreement) Attached are copies of the worksheets detailing the increases. Please feel free to contact me should you have questions or comments regarding our request. Again, we appreciate your business and look forward to continuing our relationship with the City of Paris and its citizens.