09-26-1994 Council Packet - Laserfiche WebLink

Home Browse Search

tern is to be purchased the following g will be used.>ption of funding any percentage of the ter than the average of its last three City the current calendar year. )n of funding the remaining amount. If d the total of the remaining amount, it 3rage of its last three City Budget 'ent calendar year and may fund more if ice remaining to be funded after Long id their funding amounts. mt shall be terminated based upon the 9.5 or by mutual agreement of all the I will have the right to purchase each >hare of each Major Equipment item at that city. In the event that Long Lake I title to a particular Major Equipment the largest ownership share of that item liil title to the item by paying the amount intracting Cities. If that City declines to I Contracting City may acquire title on nt that no Contracting City wishes to Major Equipment item, it shall be sold jivided between the Contracting Cities g. All Major Equipment items funded including extensions, will be covered lies to all equipment purchased, and anuary 1 of 1993. This language is not cities may have regarding equipment 993. IB. Termination of this Agreement This Agreement may be terminated by either the method detailed in Section 9 or by mutual agreement of all Contracting Cities. Upon termination, the method described in Section 17 will be used to distribute Major Equipment assets and the audit of operating costs for the final year of the Agreement shall govern the handling of amounts due between the Contracting Cities. All incidental materials ar-^ equipment will remain with the Long Lake Fire Department 13. Special Provision for the City of Medina The objective of this Agreement is to provide a three year continuation of Fire Protection Service for the Contracting Cities under known terms and within agreed upon financial limits in exchange for a commitment by each Contracting City to participate for a minimum of three years. Notwithstanding that, the Cities of Long Lake and Orono extend to the City of Medina the Fire Protection terms of this Agreement during the years 1994, 1995 and 1996 with the following Special Provision to allow the City of Medina to review its Fire Protection requirements in more detail before committing to this Agreement for three years. During the Penod Covered (19.1), City of Medina ratification of 1995 and 1996 Annual Budget Packages is not required for the term of the Agreement to be extended. If the City of Medina does ratify the either the 1995 or 1996 Annual Budget Package the City shall by that action be considered to have agieed to the terms of this Agreement and commits to its three year previsions. However, even if the City of Medina does not ratify either the 1995 or the 1996 Annual Budget Package it shall be considered to have met the terms of this Agreement for the initial period 1994 through 1996 but it will not be a Contracting City thereafter. 19.1 The period The period covered by this Special Provision shall be the Contract Years 1995 and 1996 except as provided in 19.4 below. 19.2 Provision to adjust City Fire Service Area 2