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residents. <br />If the City notifies the Contractor to cease collection of a particular <br />recyclable material, the parties shall immediately meet to renegotiate <br />the per unit fee for service. <br />In the event that the parties disagree on the question of whether there <br />is a market for a particular recyclable material or on the economic <br />feasibility of that market, the disagreement shall be submitted to <br />binding arbitration. In this case, each party shall name an arbitrator, <br />and the two shall select a third person to serve as chairperson of the <br />arbitration panel. The arbitration panel shall meet and decide said <br />question within 60 days following agreement by the arbitrators to <br />serve on the panel. The arbitration panel shall operate in accordance <br />with the Rules of the American Arbitration Association to the extent <br />7.04. <br />The Contractor shall provide the City a written description of the <br />means to estimate process residuals, as defined in 4.36, derived from <br />the City's recyclables. This written description shall be reviewed and <br />approved in writing by the City. This written description shall be <br />updated by the Contractor immediately after any significant changes <br />to the processing facilities used by the Contractor. <br />30 <br />