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3.3 Collector shall cooperate with City to develop <br /> and operate a recycling program in accordance <br /> with federal, state or local legislation and <br /> in accordance with the terms and conditions of <br /> the Collection Agreement as amended. <br /> Every owner or person in possession of <br /> recyclables shall have the right to sell or <br /> donate their recyclables generated from any <br /> residential unit to any source but it is <br /> unlawful for any person to provide for <br /> regularly scheduled removal of recyclables, at <br /> curbside or otherwise, from any residential <br /> unit as defined herein. <br /> Section 2. SECTION 18 COLLECTION RATES AND BILLING is <br /> hereby amended to read as follows: <br /> SECTION 18 COLLECTION RATES AND BILLING <br /> 18.1 (No Change) <br /> 18.2 (a) (No Change) <br /> (b) (No Change) <br /> (c) (No Change) <br /> (d) (No Change) <br /> (e) The annual rate of return on equity shall not <br /> be less than 8% nor more than 16% as more <br /> particularly set forth in Exhibit A to the <br /> Collection Agreement; provided, however, <br /> COLLECTOR shall be entitled to retain 50% of <br /> the gross revenue derived from the sale of <br /> recyclable materials as a profit incentive to <br /> operate the recycling program. The 50% profit <br /> incentive shall be an expense of the program <br /> for calculating the reserve set forth at <br /> subsection 18.5(c). <br /> 18.3 (No Change) <br /> 18.4 (No Change) <br /> 18.5 Because of Collector's implementation of a <br /> recycling program, 9.52% of Collector's <br /> revenue shall be diverted from Collector and <br /> allocated to the recycling program. This <br /> 9.52% of diverted revenue shall be exempt from <br /> the provisions of subsections 18.2 and 18.3. <br /> Collector shall undertake, and be subject to, <br /> the following requirements in order to provide <br /> accurate information to CITY, and to justify <br /> 2 <br />