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AxB=C <br />C x 8 MGD/D = E <br />E/(8 MGD x 365 days x 1000) = F <br />F= the surcharge rate per 1000 gallons <br />A= Annual debt service related to Lake Pat Mayse raw water pump upgrades <br />B= Debt Service Coverage required by related Bond Covenant <br />C= Adjusted Annual Debt Service <br />D= Total Upgraded Pumping Capacity of Lake Pat Mayse Raw Water Pumps stated in MGD'S <br />E= Pro Rata share of Adjusted Annual Debt Service Stated in cost per 1000 Gallons <br />8 MGD represents the contractual commitment to NEXTERA. <br />The foregoing surcharge shall only be assessed on measured volumes taken by DAISY. <br />DAISY Monthly Surcharge = DAISY monthly metered volume x F(the surcharge rate per 1000 <br />gallons) <br />ARTICLE VII <br />TERM <br />The term of this Agreement shall commence with the Effective Date and shall continue in effect <br />for a term of thirty (30) years, unless this Agreement is terminated earlier as provided herein. <br />ARTICLE VIII <br />NOTICES <br />Unless otherwise provided in this Agreement, any notice, communication, request, reply, advice, <br />approval or consent herein provided or permitted to be given, made, or accepted by any party to <br />the other, must be in writing and may be given or be served by depositing the same in the United <br />States Mail postage paid and registered or certified and addressed to the party to be notified with <br />return receipt requested, or by hand delivering the same to the party as identified in this <br />Article. Any such notice deposited in the mail in the manner hereinabove described shall be <br />deemed to be delivered, unless otherwise stated in this Agreement, from and after the earlier of <br />actual receipt of notice or the expiration of four (4) days after it is so deposited. Any such notice <br />given in any other manner shall be effective only if and when received by the party to be <br />notified. <br />Notice to Paris: <br />City Manager <br />City of Paris <br />P.O. Box 9037 <br />Paris, Texas 75461-9037 <br />With a Copv: <br />City Attorney <br />P.O. Box 9037 <br />Paris, Texas 75461-9037 <br />G1 <br />