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17-187.06 Waste Management: Solid Waste Dropbox Rate Adjustment 2022-2023 Community & Public Works Department 10210E Sprague AvenueSpokane Valley WA 99206 Phone: (509)720-5000Fax: (509)720-5075www.spokanevalley.org November2022 RE: Contract no. 17.187.06-2022/2023Rates for Comprehensive Drop-box Container Collection Contractwith Waste Management of Washington, Inc. Pursuant to Section 4.3.1of the Agreement,rates are automatically adjusted annually as follows: 90% of the annual percentage change in the average CPI for the 12 month period July 1 through June 30 of the calendar year the adjustment becomes effective as compared to the CPI average for the preceding 12-month period and multiplying the result by the then applicable service charges and miscellaneous fees. Such increases or decreases are considered part of this Contract that occur automatically on an annual basis.Rates shall be adjusted annually, beginning December 1, 2018. The 2022/2023rateseffective December 1, 2022through November 30, 2023were automatically adjusted as follows: