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capacity in the ❑isposal System. Such adjustment may not reflect circumstances other than the <br />circumstances described in Section 4.2(A)(i). <br />2. Amended Section 4.2. CONTRACT RATE. B Calculation of Escalation. This section is amended in its <br />eritirety to read: <br />SECTION 4.2. CONTRACT RATE. (B) Calculation of Escalation. For purposes of Section 4.2(A)(ii.), the <br />Contract Rate shall be adjusted in accordance. with the formula described in this Section each July 1 <br />during the term hereof, commencing.July 1, 2022. The adjustment shall be calculated in accordance with <br />the following formula: <br />Contract Rate = Fixed Portion + [Escalating Portion x lndexj <br />Where; <br />Fixed Port[an = $10.87 <br />Escalating. Portion = $17.63 <br />Index = Price Index, which shall be determined in accordance with the. following formula: <br />= .7[PPI11PPI2] +.3[Di/El2] <br />PPI, = The Producer Price Index, Industrial Commodities Commodity Data, as published at the <br />United States Department of Labor, Bureau of Labor Statistics web site,. Series ID WWPU03 <br />thru 15 for the month of September in the year prior to the. year for which the adjustment <br />is being made (e.g., the adjustment effective July 1, 2011 will use the September 201.0. <br />value) <br />PPI2 = Producer Price Index, Industrial Commodities Commodity ❑ata for the month of <br />September,. 1997 <br />Ell Empioyment.Cost`lndex, Total Compensation, Private [ndustry.AlI Workers, as published <br />at the United. States Department of Labor, Bureau. of Labor Statistics web site, Series ID: <br />CIU201000000000.01 for the last quarter of the year preceding the year for which the <br />adjustment is being made (e.g., the adjustment effective. July 1; 2011 will use the third <br />quarter; 2010.value) <br />E12 = Employment Cost Index, Compensation, Private Industry. All Workers, as published at the <br />United States. Department of Labor, Bureau of Labor Statistics web site, Table 3, <br />established for the third quarter of 1997. <br />Effective July 1., 2022, and each July 1 thereafter during the term of the Agreement, the Contract <br />Rate adjustment will be calculated as provided above,.except that an annual fixed WDA renewal discount <br />adjustment of $0.82 per ton will be. applied after the annual Cost of Living Adjustment (COLA) adjustment. <br />In. no case will the adjustment to the Contract Rate exceed 85% of the County's approved general public <br />gate rate (without the. current CDSDP recycling fee of $12.00), as such fees may be amended. For <br />.example, the current. County's posted gate rate is $47.94 ($59.94 minus the $12 CDSDP fee). Therefore, <br />the wbA Contract Rate cannot be more than 85% of that rate, which is $40.75. However, if the County <br />adjusts its posted gate rate in any future year of the term of the WDA, the WDA Contract Rate will be <br />adjusted according to the above calculation formula, including the renewal discount adjustment. of $0.82 <br />per ton, up to the maximum of 85% of the newly posted gate rate. If the calculated annual. adjustment of <br />any year would exceed the 85%, then the capped maximum amount of 8511/6will be used, If, however, <br />the posted gate rate does not change, and the WDA Contract Rate is already at the capped 85°/o amount, <br />the WDA Contract Rate will remain the same for the calculated fiscal year. Any decrease in the calculated <br />