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09-23-2002 Council Packet
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09-23-2002 Council Packet
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Lake Fire Department during the preceding three year period measured <br />from January 1 through December 31. <br />F.Total Call Hours is the total number of fire fighter hours expended in <br />responding to calls in all contracting cities during the previous three-year <br />period measured from January 1 through December 31. <br />G.Call Percent is the percentage computed by dividing the City Call Hours <br />by the Total Call Hours and multiplying by 100. <br />City Budget Percentage is the percentage derived from the sum of the City <br />Maricet Percent multiplied by 0.7 and the City Call Percent multiplied by <br />0.3. <br />19.2 Budget Share Computation: <br />City Budget Share is the City Budget Percentage multiplied by the Annual Fire <br />Services Operating Budget and the resulting product divided by 100. <br />19.3 Formulae for Calculations <br />City Market Percent * (Bx 100)/(C) percent <br />Where B = City Fire Service Area Market Value <br />C “ Total Fire Service Area Market Value <br />B. Call Percent (Ex 100)/(F)percent <br />Where E = City Call Hours <br />F =» Total Call Hours <br />C. City Budget Percentage *= [(City Market Percent x 0.70) + (Call Percent x <br />0.30)] <br />D. City Budget Share (City Budget Percentage / 100) x (Aiuiual Operating <br />Budget less Major Equipment expenditures) <br />E. The City Budget Share of capital expenditures is determined under the <br />provision of Section 11. <br />20. Termination of this 1 <br />This Agreement shall be terminable only as follows: <br />1. For “Good Cause ” by any city that desires to tenninate its participation in the <br />Agreement provided that such termination is preceded by a minimum of 36- <br />1 <br />1
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