R2021-93 Resolution Authorizing a Contract Between the City of Decatur and Midwest Fiber, Inc. of Decatur for Processing Single Stream Recyclables

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8.2 Pricing&Processing Fee The per ton price for the Single Stream Material as described in Exhibit A, delivered by Supplier, shall be the Total Market Value of the Material (determined based on the percentage and the Value/ton of each component of the Single Stream Material as shown in the table) less the processing fees. Current component percentages and an example of how prices shall be calculated are listed in Exhibit A. When the Total Market Value exceeds the processing fee,the Contractor will rebate excess amount to the City. Contractor shall determine the Total Market Value for each month of the term based on changes in the value/ton. The value/ton shall be based upon national industry publications reflecting the market value of community such as Secondary Materials Pricing.com and Pulp and Paper Weekly The Single Stream Material Processing Fees including transportation fees to be used for the purpose of determining the pricing for remainder of calendar year 2021 are as follows: Delivered to Receiving/Transfer Locations- Decatur, IL $112.71 The Processing Fee may be adjusted on each January 1 st of each calendar year during the Term by an amount equal to the annual percentage increase or decrease, as the case may be, of the Midwest Area Consumer Price Index of All Urban Consumers published by the U.S. Bureau of Labor Statistics for the most recent twelve-month period for which such information is available, provided the Contractor provides a 30-day written notice to the City of this adjustment. Section 9. Community Education Recognizing that there is a causal relationship between community education and awareness and recycling participation rates and recycling contamination, the Contractor shall assist the City in continual community education efforts related to recycling. Section 10. Loads Reiected City agrees to use its best efforts to only have collected and delivered material as specified in Exhibits A and B. Contractor will work proactively with City and Haulers to identify material that has excess residuals so Hauler can take action to prevent future delivery of such excess residuals. The Contractor shall immediately notify the City's Contract Manager if a load received from one of the City's authorized Haulers appears to have a non-recyclable contamination rate higher than 30 percent. The City reserves the right to have a representative inspect the load for contamination. If the City is unable to send a representative to inspect the load,photos