Agenda - 08-07-1997 - 3 - Laserfiche WebLink

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other requirement, so long as the County's failure to comply with the same during the period of such contest will not materially impair the operation or revenue-producing capability of the Solid Waste System. 5.04. Budget. The County shall annually adopt a separate budget for the Solid Waste System in accordance with the County's usual budgetary process. 5.05. Records Accounts and Audits: Other ReAor . (a) The County shall segregate for accounting purposes all the accounts, moneys and investments of the Solid Waste System. (b) The County shall keep accurate records and accounts of all items of costs and of all expenditures relating to the Solid Waste System, and of the System Revenues collected and the application of System Revenues. Such records and accounts shall be open to any Party's inspection at any reasonable time upon reasonable notice. The County shall provide for the assets, liabilities and results of operations of the Solid Waste System to be presented in the County's annual audit as a separate enterprise fund, in accordance with generally accepting accounting principles. (c) The County shall make, or cause to be made, any additional reports or audits relating to the Solid Waste System as may be required by law. The County, as often as may reasonably be requested, shall furnish such other information as the County may have reasonably available concerning the Solid Waste System or its operation as the Commission or any Party may reasonably request. 5.06. Rates Fees and Charges (a) The County shall establish and maintain a system of rates, fees and charges for the use of, and for the services provided by, the Solid Waste System which is reasonably designed to pay in full all the costs (and only the costs) of carrying out the County's responsibilities under this Agreement and the Solid Waste Management Plan, including (i) costs of disposing of Solid Waste, (ii) to the extent the County is so authorized under the Solid Waste Management Plan, costs of collecting, processing and disposal of Recyclables, (iio-to the extent permitted by law, costs of providing public benefits determined to be provided pursuant to Section 3.02, and (iv) costs of solid waste reduction activities. (b) Subject to the limitations of Sections 5.07, 5.08 and 5.09, the County may revise any rates, fees and charges at any time and as often as it shall deem appropriate, and shall not be limited in the number of times in any Fiscal Year that it changes any rate, fee or charge. 5.07. Mixed Solid Waste Tipping Fee. (a) The County may increase the Mixed Solid Waste Tipping Fee from time to time in its discretion with at least 30 days' notice of the increase to all other Parties. The County may not, however, increase the Mixed Solid Waste Tipping Fee during or at the beginning of any Fiscal Year to a fee that exceeds the Mixed Solid Waste Tipping Fee in effect at the end of the preceding Fiscal 8