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estimate. Contractor shall also submit a schedule showing how its total costs and total <br />revenues have changed over the past three years for the services provided under this <br />Agreement. <br />Contractor shall provide to City a report of its annual revenues and expenses for the <br />services provided in the City, and City shall have right to audit this information in <br />connection with the City's review of Contractor's rate adjustment request. City shall <br />review the Contractor's request and conduct a duly -noticed public hearing as required <br />by California Constitution Article XIIID (Proposition 218) and the Proposition 218 <br />Omnibus Implementation Act (Govt. Code Sections 53750 et. seq.). If, after closing the <br />public hearing, there is not a "majority protest" to the extraordinary adjustment, as <br />defined in Proposition 218, the City may, in its sole judgment and absolute, unfettered <br />discretion, make the final determination as to whether an adjustment to the maximum <br />rates will be made, and, if an adjustment is permitted, the appropriate amount of the <br />adjustment. City may consider increases or decreases in the Contractor's total revenues <br />and total cost of services when reviewing an extraordinary rate adjustment request. A <br />rate adjustment request made in response to a new service requested by City will be <br />determined in accordance with Section 2.10. <br />February 11, 2020 60B96n A City of Santa Ana - DRAFT <br />