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City and delivered to the Zion Crossroads Transfer Station. In the event that the • City does not award a New City Curbside Contract in 2008 and continues under its current contract with Waste Management, Inc., the parties agree that effective July 1, 2008 (i) the City will continue to require that solid waste collected under the existing contract be taken to the Zion Crossroads Transfer Station; and (ii) the Authority shall not impose the service contribution fee on any such waste. In lieu of payment of the service contribution fees as provided in this paragraph 3, the City agrees to make certain payments to the Authority pursuant to paragraphs 4 and 5 below. In addition, the City and County agree not to oppose any exercise by the Authority of options to extend the terms of the Allied Waste Contract or the Waste Management Contract. 4. Citv's and County's Proportional Funding of Authority's Service Contribution Fee Revenues Beginning in fiscal year 2008 and continuing during each fiscal year that this paragraph 4 is in effect, the Authority shall determine the total amount of service contribution fees billed for solid waste taken to the Ivy Transfer Station and the Zion Crossroads Transfer Station, and the percentage of the total that is attributable to waste generated within the City and the County and provide the City and the County with such information. The parties acknowledge that there is no means to guarantee the accuracy of those determinations, as they will be based on the declarations of individual trash haulers as well as records maintained by • the operator of the Zion Crossroads Transfer Station. If the percentage of service contribution fees billed for solid waste generated within either the City or the County is less than its proportionate share of the service area's population, as calculated pursuant to paragraph 5 below, it shall contribute to the Authority or to the other jurisdiction, on the date of the next quarterly deficit payment as provided in paragraph 6 below, an amount which will cause its percentage share of the service contribution fee to equal its proportionate percentage of the service area population. Alternatively, the Authority, at its election, may refund to the other jurisdiction the amount which is in excess of its share, or give such jurisdiction a credit in such amount against any future obligation it may have to the Authority pursuant to paragraph 5 of this Agreement. The provisions of this paragraph 4 shall terminate upon the first to occur of (i) full implementation of the Authority's strategic plan referenced in paragraph 8 below, or (ii) June 30, 2010. The calculations to be made by the Authority and payments, refunds or credits to be made or received by the City and County shall be done in a manner consistent with the hypothetical example set forth on Exhibit 1 attached hereto. 5. Citv's and County's Proportional Funding of Authority's Proleeted Annual Operating Deficit If the Authority determines that despite any payment by either the City or the County pursuant to paragraph 4 above and all reasonable efforts to fund the operating expenses of the Authority that an operating deficit will exist, it shall • prepare and adopt a budget, including reasonable reserves, balanced by using 4