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3. Compensation <br />The City agrees to pay Contractor at a rate of SEVEN <br />DOLLARS ($7.00) per trash can per month. The rate for trash cans <br />not emptied for a full month period shall be prorated, based on <br />the number of times said trash cans were actually emptied. The <br />City shall pay Contractor within ten (10) days of receipt of <br />Contractor's monthly invoice. <br />4. Trash Can Replacement <br />Contractor agrees to replace street trash cans and /or <br />lids as required with equivalent trash cans and shall bill the <br />City for Contractor's cost of the replacement trash cans as part <br />of the monthly invoice. Parlc trash cans, which shall be 55- <br />gallon drums, will be replaced by the City as needed. <br />5. Special Events Pick -Up <br />Contractor and City agree that parades, street fairs, <br />and other such events will require trash collection of certain <br />street trash cans at times in addition to the once - per -week <br />regular collection. Likewise, certain sporting events will <br />require additional collection in certain parks. Contractor <br />agrees to empty trash cans as required by such special events at <br />a cost and time as mutually agreed upon by Contractor and City's <br />Public Works Superintendent- Streets and Parks. <br />6. Term of Agreement <br />This Agreement shall have a one -year term commencing on <br />April 1. 1934. The parties agree that the term of this Agreement <br />shall be automatically extended upon the same terms and con- <br />ditions, except the term of the Agreement, until terminated by <br />either party. Written notice of termination shall <br />-3- <br />