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Chesapeake. For any amount of water supplied during a billing period in excess of 3.0 mgd, <br /> <br />Chesapeake agrees to pay Rate B, which equals 120% of Portsmouth's then-current retail rate <br /> <br />to its residential customers residing in Portsmouth. For example, if, during a billing period, <br /> <br />Chesapeake's billing period average daily rate of flow is 4.5 mgd, then 3.0 mgd shall be <br /> <br />billed at Rate A and 1.5 mgd shall be billed at Rate B. Rate increases charged to Chesapeake <br /> <br />for any water purchased shall take effect on the effective date of any increase by Chesapeake <br /> <br />of its retail rate to its citizens or any increase by Portsmouth of its retail rate to its citizens, <br /> <br />whichever is applicable. <br /> <br /> 7. WATER RESTRICTION EFFECT ON RATES. In the event that <br /> <br />Portsmouth imposes water restrictions on any day(s) during a billing period, the monthly bill <br /> <br />during such billing period, which shall be referred to herein as the "water restriction <br /> <br />adjustment bill", shall be calculated in tlie following manner. <br /> <br /> A. The "water restriction rates" are the rates charged to Chesapeake for the water <br /> <br />restriction adjustment bill period. The water restriction rates shall be determined by <br /> <br />multiplying the non-water restriction rates by certain ratios to be determined as follows. <br /> <br /> B. An "annual average daily rate of flow" shall be u 'tdized to determine the ratios <br /> <br />referred to in Paragraph A of this section. The annual average daily rate of flow shall be <br /> <br />determined by averaging the average daily rate of flow, as determined from all of the <br /> <br />Portsmouth master metered delivery points, for the immediately preceding twelve billing <br /> <br />periods during which there were no water restrictions. <br /> <br /> C. Ratio A = 1.0 minus Ratio B. <br /> <br /> D. Ratio B = (annual average daily rate of flow minus 3 mgd) divided by the <br /> <br /> 4 <br /> <br /> <br />