(a) The Municipality agrees to pay the contractor, monthly, an amount equal to the unit bid price shown on the bid proposal forms multiplied by the total number of residential dwelling units being served with refuse collection by the contractor. The number of water and sewer customers shall be used to calculate the amount of compensation to be paid per unit per month. In the case of multi-family dwelling units, the number of units being served with garbage and refuse collection shall be determined jointly by the contractor and the Municipality. Every six (6) months a new accounting will be made of the number of dwelling units being served and compensation to be adjusted accordingly. Payment to the contractor shall be made by the Municipality not later than fifteen (15) days after the end of the month for the previous month of service.
(b) There is hereby established a Garbage and Refuse Fund to receive the fees collected pursuant to this section.
(Ord. 93-04. Passed 2-1-93.)