11-22-2004 Council Packet - Laserfiche WebLink

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•'J 7. TERM. This Agreement shall continue in effect until December 31. 2007, unless extended, renewed, or terminated by the Participants pursuant to the provisions of paragraph 8 below. 8. MODIFICATION. This Agreement may be extended, renewed, terminated or amended by agreement of all Participants as authorized by resolution of each Participant's governing body. 9. WITHDRAWAL. A Participant may withdraw prior to the expiration of the term of tliis Agreement or any subsequent extensions thereof by giving 90 days' notice in the form of a resolution of its governing body, served by ccitified mail on the secretary-treasurer of the Commission. Service shall be deemed to have been made on the date of mailing Any grant monies or other funds received by the withdrawing Participant or the Commission, either prior to or after the effective date of withdrawal, that are attributable to the Participant’s participation in the Program prior to its withdrawal, shall be paid to and remain the property of the Commission. 10. DISTRIBUTION UPON TERMINATION. Upon expiration of or termination of tliis Agreement, any assets remaining after the payment of outstanding obligations shall be distributed to the Particip.'ints in proportion to their monetaiy contributions calculated over the life of the Agreement. 11. ADDITIONAL PARTICIPANTS. The number of Participants may be increased during the term of this Agreement by amendment, pursuant to the provisions of paragraph 8 above, provided that any new Participant shall also cause the Agreement as amended to be executed, pursuant to ainhorizing resolution of its governing btxly. 12. EXECUTIVE COMMlTfEE. The Commission is empowered to appoint an Executive Committee consisting of three Commissioners. The Coordinator will be an ex-officio member of the Executive Committee The Executive Committee will meet when directed to and for the express puipose designated by the tlill Commission. Membership on the Executive Committee will rotate among the representatives of the participating communities on an amtual basis, with at least one new Executive Committee member annually IN WITNESS WHEREOF the Cities of Greenfield, Independence, Long Lake, Loretto. Maple Plain. Medina and Orono have, pur.suant to authorizing resolution hereto attached, caused this Agreement to be duly executed. Extended this day of..,2004 cm’OF By: Its Mayor By: Its City Clerk