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e e gallons per day. Authority shall meter the Domestic Sewage/Municipal Waste delivered by City to determine the volume treated. Authority shall have the right to increase the rates set forth in this Section by the average percentage increase applicable to the rates of industrial customers of the Authority at the Plant, as reflected in any future amendment to the Authority's Order Setting Rates and Charges for Users of the Bayport System. Section 3.02. Authority shall, on or before the fifteenth (15th) day of each month, submit ( to City its invoice reflecting the amount due for the preceding month's operations. Such invoice shall be due and payable by City within thirty (30) days from the date of invoice. In the event there is a bona fide dispute as to any invoiced amounts, City must notify Authority in writing within fifteen (15) days of the date of such invoice. The notice shall specifically identify the item(s) and amount(s) of the invoice in dispute and the basis thereof. City shall nevertheless timely pay the total amount that is not in dispute. After the expiration of thirty (30) days from the date of the invoice, the unpaid amount of such invoice, less any amount that has been properly disputed as provided in this Sectio~ shall accrue' interest at a rate of seven and one-half percent (7-1/2%) per annum until paid in full. All disputes regarding invoiced amounts that are not settled by the parties within sixty (60) days of the date of the invoice may, if agreed to by the Authority and the City, be submitted to arbitration pursuant to Section 4.01. IV: Arbitration Section 4.01. The parties agree to use best efforts to resolve disputes that might arise under this Agreement. In the event a dispute is not resolved between the parties, and the Authority and the City agree that the dispute be arbitrated, it shall be promptly submitted to an OCA\LaPORT.WTAFINAU12l07198 5