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Project Operating Agmt 02012011
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Project Operating Agmt 02012011
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12/13/2022 1:40:53 PM
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12/13/2022 1:40:29 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
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EXHIBIT A <br />SERVICE AND OPERATING PAYMENT AMOUNTS <br />AS OF FISCAL YEAR 2013 2014 <br />The amount of Users Operating Payments will be calculated and made each year based on the <br />total number of radios that Subscribers have committed to place in service in the Project once <br />the User has paid the upfront cost of 200 per radio There are two types of payment categories <br />Payment Category 1 If the User prepays its Service Payment it will only be responsible for <br />its Operating Payments The amount to prepay the Service Payment is estimated to be 1545 <br />per radio placed in service The Operating Payment for a User that has prepaid its Service <br />Payment is estimated to be S30 per month per radio subscribed to the Project The Authority <br />will notify the User of the amount of the Operating Payment in January of the fiscal year <br />preceding the fiscal year for such payment Operating Payments will be due by August 31 of <br />the fiscal year in which such payment is due <br />Payment Category 2 If the User does not prepay its Service Payment it will be responsible <br />for both the Service Payment and Operating Payment components of the User Payment Such <br />User will pay a combined User Payment that includes the Service Payment and Operating <br />Payment components with an estimated combined payment of 45 per month for each radio it <br />subscribes to the Project The Authority will notify the User of the amount of the required User <br />Payment in January of the fiscal year preceding the fiscal year for such payment The User <br />Payment will be due by August 31 of the fiscal year in which such payment is due <br />The estimated payments reflected in this Exhibit A are based on Project costs of 17000000 <br />and a total number of 11000 radios committed to service on the Project In the event that prior <br />to January 1 2013 the total number of radios committed to service on the Project increases or <br />decreases or the Project cost decreases the User will receive a credit or a rate adjustment as <br />applicable <br />Project Operating Agreement 1 1 1 7 1 0 26 <br />City Attorney Group
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