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03/09/93
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03/09/93
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Meetings
Meeting Document Type
Agenda
Document Title
Finance Committee
Document Date
03/09/1993
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January 1, 1992," shall be added to the llth line of Page <br />3 of the Agreement after the word, "Property." <br /> <br />Closure/Post-Closure Deduction Reimbursement. From and <br />after the date of the City's execution of this Settlement <br />Agreement, WMMI shall make no further deduction from the <br />monthly payments pursuant to the Agreement for any tax, <br />fee or surcharge imposed as financial assurance <br />specifically for closure or post-closure. In addition, <br />WMMI shall reimburse to the City upon the City's <br />execution of this Settlement Agreement an amount equal <br />to the amount deducted from the monthly payment to the <br />City pursuant to the Agreement as a tax, fee or surcharge <br />imposed as financial assurance specifically for closure <br />or post-closure from January 1, 1992, through the date <br />Of the City's execution of this Settlement Agreement <br />together with interest thereon at the annual rate of' <br />eight percent (8%) compound interest per annum thereon <br /> <br />calculated for each payment from the date that each <br />payment was payable pursuant to the Agreement through <br />January 31, 1993. Any amount paid pursuant to this <br />Paragraph 4, shall be taken into account as a portion of <br />the Guaranteed Payment to be made pursuant to Paragraph <br />2 hereof under Paragraph 5 of the Agreement and shall not <br />be in addition to said Guaranteed Payment. It is hereby <br />agreed between the parties hereto that as of December 31, <br />1992, the amount paid to the City under the Agreement for <br /> <br />4 <br /> <br /> <br />
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