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C. Bi -Annual Report to Bondholders Every two years, commencing in 1982, the ENGINEER shall prepare a report for the OWNER which evaluates the operations and management of the Indian River County Sanitary Landfill and convenience collection station system as required by the Official Statement for Solid Waste Disposal System Revenue Bonds Series 1977, sold by Indian River County to finance construction of these facilities. The report shall be completed on or before May 1 of each year due and shall address the following topics in accordance with the requirements of the Official Statement: 1. the management of the properties 2. the sufficiency of the rates and charges for services to pay operating costs and debt service requirements 3. the proper maintenance of the properties of the facilities 4. the necessity for capital improvements and recommendations therefore. The specific content and lump sum fee for this report shall be developed and mutually agreed upon by Specific Services Addendum by the -ENGINEER and the OWNER on or before January 15 of each year the report is due. D. Semi -Annual and Annual Testing and Analysis On or. before June 15 and January 15 of each year, the ENGINEER shall conduct water quality sampling and analysis of test wells and surface water bodies located at the OWNER'S sanitary landfill site. On or before January 15 of each year, the ENGINEER shall conduct water quality sampling and analysis of designated monitoring wells for the OWNER'S abandoned dump sites -at Oshin, Roseland and Gifford. At least thirty days prior to the sampling date for each site, the ENGINEER shall contact DER to determine the specific sampling and analysis requirements for the site and shall submit a Specific Services Addendum to the OWNER which enumerates the specific testing requirements and estimated costs. Upon mutual agreement of the fee for water quality sampling and analysis, the OWNER shall notify the ENGINEER in writing to proceed with the work. Initials of Signatories: C < J- e For the ENGINEER For the OWN R Date S--T1-.el- Date �-5 -''//_�-). — A50/bbb L MAY 51982 POOK, PAU 55.