09-23-2002 Council Packet - Laserfiche WebLink

Home Browse Search

amount of the coverage shall be adjusted accordingly. The cost of such insurance shall be a part of the costs attributed to the operation of the Long Lake Fire Department and will be included in the Annual Operating Budget. Nothing in this contract shall be construed as waiving the statutory liability limits of any city, which is a party to this contract. 8. Long Lake Operational Responsibility The City of Long Lake shall be responsible for managing the operation of the Long Lake Fire Department, and for managing the on-going operation and maintenance of the Long Lake fire station. This includes carrying builders risk insurance during construction of the new Fire Station and carrying hazard insurance on the Fire Station thereafter. Long Lake shall charge an armual Administrative Fee for these services. The Administrative Fee of $17,200 for 2002 includes Long Lake’s administrative overhead expenses. The Administrative Fees may be adjusted from year to year through the Annual Fire Services Operating Budget review and approval process. The costs related to the operation of the Fire Department, including the on-going operation and maintenance of the Fire Station, shall be included in the Annual Fire Services Operating Budget. 9. Budget Package The Long Lake Fire Department’s annual operating expenditures will be controlled through an Annual Fire Services Operating Budget. >\^en the Annual Fire Services Operating Budget is approved, the expenditures may not exceed the level set in the Budget without the approval of all parties to the contract. If, during the 20-year term of the agreement, a Contracting City chooses not to approve a proposed Annual Fire Services Operating Budget, the Aimual Fire Service Operating Budget increase will be limited to the average annual Oeneral Fund Budget increase of the Connoting Cities, until a new Armual Fire Services Operating Budget is approved by all Contracting Cities. 9.1 Definitions A.The Armual Fire Services Operating Budget refers to the calendar year operating budget of the Long Lake Fire Department. This budget will become the official Armual Fire Services Operating Budget upon ratification by the Contracting Cities. The Annual Fire Services Operating Budget incorporates all costs of departmental operations including, but not limited to, the costs of the on-going operation and maintenance of the fire station. Long Lake’s Administrative Fee as defined in Section 8 of this Agreement, and armual contributions to the Long Lake Volunteer Fire Relief Association Retirement Fund. B The Annual Fire Services Capital Budget refers to the calendv year c^tal budget of the Long Lake Fire Departr.ient. The Armual Fire Services Capital Budget includes Major Equipment iter.ts and major repairs/rehabilitation of the Fire Station.