|
<br />.'
<br />
<br />.
<br />
<br />B. Monthly. Department shall keep in convenient form a complete
<br />record of all fires. Such records shall include the time of the alarm,
<br />location of fire, cause of fire if known, type of building, name of
<br />owner or tenant, purpose for which building was occupied, estimated loss
<br />of building and contents, members of Department responding to alarm,
<br />length of time spent fighting fires, and such other information as the
<br />fire chief may deem advisable. The fire chief shall, on a monthly
<br />basis, submit to City a report summarizing such records.
<br />
<br />C. Miscellaneous Reports. Department shall submit to City such
<br />other reports as City may reasonably request from time to time.
<br />
<br />SECTION 19
<br />Compensation
<br />
<br />A. Concept for Calculation of Compensation; Market Value Approach.
<br />The amount of compensation to be paid by City to Department for its
<br />services and obligations hereunder -- for the first twelve (12) months
<br />of the term of this Contract, i.e., from July 1. 1977 to June 30, 1978 --
<br />shall be as set forth herein below in Subsection B of this Section 19.
<br />The amount of compensation to be paid by the City to the Department for
<br />the remaining four (4) twelve (12) month periods of the Contract term
<br />(i .e., July 1, 1978 to June 30, 1979, July 1, 1979 to June 3D, 1980,
<br />July 1, 1980 to June 30, 1981, and July 1, 1981 to June 30, 1982) shall
<br />be calculated by the parties hereto on or before July 1 of each year,
<br />commencing July I, 1978 and ending July 1, 1981, by applying the percentage
<br />increase or decrease o~ the total, full-and-true market value of all
<br />taxable and tax exempt parcels of real estate within the fire service
<br />area, as determined from data obtained from the Ramsey County Department
<br />of Property Taxation as hereinafter provided, to the compensation paid
<br />to Department for the previous twelve (12) months' period. The increase,
<br />as so determined, when added to, or the decrease, as so determined, when
<br />subtracted from, the compensation paid to Department for the previous
<br />twelve (12) months' period, shall represent the total compensation to be
<br />paid to Department for the next succeeding twelve (12) month period.
<br />
<br />B. Amount of Compensation for Initial Twelve Month Period
<br />(July 1, 1977 to June 30, 1978.) Based upon data furnished by the,
<br />Ramsey County Department of property Taxation, the total full-and-true
<br />market value of all taxable and tax exempt real estate parcels within
<br />the fire service area, as of June 28, 1977 was $413,804,582, and the
<br />total full-and-true market value for the same area as of the end of
<br />calendar year 1976 was $370,681,638. The percentage increase in the
<br />total, full-and-true market value, based upon the following formula, was
<br />11. 63%:
<br />
<br />.
<br />
<br />$413,804,582 -$370,681,63B = 11.63% increase.
<br />-----,370,681,638
<br />
<br />-6-
<br />
|