A. Provision for a faithful performance bond by the contractor in an amount determined by the council;

B. Provision as to the place and manner of disposal of garbage by the contractor;

C. Provision for the public liability and compensation insurance in an amount determined by the city council;

D. Provision requiring the contractor to keep records and for auditing thereof;

E. Provision for termination in the event of default;

F. Provision regulating hours for the contractor’s operations, manner of operations and type of equipment;

G. Provision that the rights of the contractor for the collection of garbage and rubbish shall be exclusive, except as otherwise provided by the city council;

H. Provision for the disposition of the city’s own garbage and rubbish;

I. Provision obligating the contractor to provide dumping grounds, facilities or other means of disposing of garbage and rubbish collected by the garbage collector;

J. Provisions obligating the contractor to provide dumping grounds for trash and rubbish of residents of the city without charge, or for such charges as shall be approved by the city council, or specifying the periods during which the grounds shall be open and made accessible for the residents of the city;

K. Provision giving the city the option to buy the contractor’s equipment and dumping grounds or privileges at the termination of the contract;

L. Provision specifying the minimum requirements and specifications for garbage and rubbish collection, transportation and disposal methods, and the vehicles and other facilities used in connection with the collection, transportation and disposal of garbage and rubbish;

M. Provision permitting the contractor to apply to the city council for an adjustment of the terms of the contract, including the increase or adjustment of the maximum rates and charges which the contractor is permitted to collect from the residents of the city and the amount of the payments to the city for the contract. The city council shall have the right to grant such adjustment of the terms of the contract whenever the contractor can establish and the city council finds that there is a good cause of such adjustment by reason of a change of conditions arising through no fault of the contractor and which have resulted in preventing the contractor from making a reasonable profit in the performance of such contract; provided, however, that the city council shall be the sole judge of whether such adjustments, if any, are necessary, and the extent thereof;

N. Any and all other provisions which the city council considers necessary or desirable for the protection of the city and its citizens.

O. The city council shall not provide, in any such contract, for the collection of rubble and debris contained in debris boxes as defined herein.

P. Such contract may provide for the placing and collection of large containers for the storage and disposal of rubbish or debris generated by packing, packaging, producing, manufacturing, shipping, restoring, repairing, warehousing or other related commercial or industrial activities. Collection of such containers shall be done on a regular basis, at least once a month.