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HomeMy WebLinkAbout0803 ~ ; s i . States City Averaqe All Items and Commodity Groups, issued by the ~ Bureau of Labor Statistics of the United States Department of Labor, and the denominator of which shall be the easic Standard Index Fiqure of such Price Index for that month. The product of such multiplication shall be the unit price for the succeeding three (3) year period until the next computation provided for hereunder shall be made. It is understood that the above described Index ~ is now being published monthly by the Bureau of I,abor Statistics of the United States Department of Labor. Should it be published at other intervals, the new Index, hereinabove grovided for, shall be arrived at from the Index or Indexes published by said Bureau ! most closely approximating the month of the year immediately preceding the adjustment date. Should said Bureau of Labor Statistics change the manner o~ computing such Index, the bureau shall be requested to furnish a conversion factor designed to adjust the new Index to the one previously in use, and adjustment to the new Index shall be made on the basis of such conversion factor. Should the publication of such Index be discontinued by the Bureau of Labor Statistics, then such other_Index as may , be published by such Bureau most nearly approaching said dis- ` continued Index shall be used in making the adjustment herein k ~ ~ provided for. Should said Bureau discontinue the publication of ~ an Index approximating the Index herein contemplated, then such ~ t ~ Index as may be published by another United States Government , Agency as most nearly approximates the Index herein first above ~ referred to shall govern and be substituted as the Index to be ~ used, subject to the application of an appropriate conversion ; ~ factor to be furnished by the Governmental Agency publishing ` ~ the adopted Index. If such Governmental Agency will not furnish ~ ~ such conversion factor, then the parties shal~ agree upon a con- ~ ~ ~ version factor or a new Index, and in the event agreement cannot ~ be reached as to such conversion factor, or such new Index, then ~ ~ ~ ~ -3- ~ ~ ~ 3 ~ ~ ~ ~1gg ~i 5 ~ • 4i ~F: - _ _ ~ ~.s~ ~ t . . . , . ..i 7` 'r . ~~3....~` .t. _ ~ ~..z"~' .~.`~r~~~ 'l