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production of actual bills, which is expected to occur <br /> no earlier than July 1, 2003. <br /> If the District has already performed the necessary <br /> conversion work pursuant to a prior agreement with the <br /> Agency, no additional conversion cost shall be charged <br /> to the Agency unless further conversion is requested. <br /> b. Billing and Collection Expense. Upon completion of the <br /> required conversion work, the District will calculate <br /> the estimated monthly cost to bill and collect Agency's <br /> sewer service charge. The calculation of said <br /> estimated cost shall be based upon (a) District's <br /> knowledge of the cost to collect on behalf of its own <br /> accounts and (b) the amount of revenue collected, <br /> number of accounts to be billed, and number of meters <br /> read for the Agency compared to the total revenue <br /> collected, number of accounts billed, and meters read <br /> by the District. Said estimated costs shall be offset <br /> by an estimated percentage of late payment penalty fees <br /> collected by the District. This percentage shall be <br /> based on the Agency's portion of total revenue <br /> collected. During the fiscal year in which the billing <br /> and collection of the Agency's sewer service charge is <br /> commenced, Agency shall pay to the District, on a <br /> monthly basis, said estimated cost. <br /> At the close of the initial fiscal year, and at the <br /> close of each subsequent fiscal year, the District will <br /> calculate the actual costs incurred to bill and collect <br /> the Agency's sewer service charge. If the District's <br /> actual costs are greater than the estimated costs paid <br /> by the Agency, the Agency shall pay the difference to <br /> District within thirty (30) days of District's invoice <br /> therefor. If the District's actual costs are less than <br /> the estimated costs paid by the Agency, the District <br /> -12- <br />