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total rate adjustment is rounded to the nearest hundredth of a percent and in any given year shall <br />not exceed three percent (+/- 3.0%) of the previous rate. Annual Rate Adjustment may be <br />positive or negative and is subject to the approval of the County Administrator or his designee. <br />In no event shall the rate be decreased from the original contract rate due to changes in the <br />Consumer Price Index. <br />4.5 [Intentionally Deleted] <br />4.6 Procedure if Payment Delay. If the District fails to make payments in accordance with <br />the terms of the Agreement or to comply with any provisions hereunder, the Company <br />will communicate the issue in writing to the District while making reasonable efforts to <br />continue to operate the Facility. <br />4.7 Firm Commitment. The District shall not take any action during the Term to modify or <br />limit the District's ability to satisfy its payment obligations hereunder including, without <br />limitation, limiting the availability of budgeted funds due to the Company under this <br />Agreement. Nothing herein shall be deemed to be an obligation or debt of the District <br />payable from ad valorem taxes. Nor shall any obligation under this Agreement be deemed <br />a direct or indirect pledge of District's property, credit or general taxing power. <br />ARTICLE 5 - TERM; CHANGES <br />5.1 The Term. <br />(a) The operational term of the Agreement shall be twenty (20) years from the <br />Commercial Operation Date of the Evaporation Plant (the "Operating Term"). <br />b) The "Term" of the Agreement shall be the period commencing upon the Effective <br />Date and ending upon the expiry of the Operating Term, unless the Agreement is <br />earlier terminated in accordance with its terms. <br />(c) At the expiry of the Term (not caused by an Event of Default), the ownership of <br />and risk of loss for the Evaporation Plant and all related Heartland ConcentratorTM <br />System equipment shall be transferred to the District for a nominal fee of $1, at <br />which time the District may choose to continue operating the Facility directly. <br />5.2 Changes in Work. If either Parry finds it necessary to make a change in the scope of the <br />obligations of the Parties under the Agreement and or the Services to be provided <br />thereunder, such Parry shall timely notify the other Party in writing stating the reason for <br />requesting such change and proposing with particulars any changes to pricing, schedule <br />or terms or conditions of the Agreement as they may deem applicable (a "Amendment to <br />the Agreement") Any amendment to the agreement will require approval of both the <br />Company and the County Government. <br />Page 12 of 32 <br />