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I <br /> I <br />:1 <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br />Section 1. <br />Section 2. <br /> <br />Section 3. <br /> <br />ion 1. <br /> <br />Section 2. <br /> <br /> such money or property in accordance with the terms of the gift, grant, loan or <br /> agreement relating thereto. <br />(e) Collect and analyze data, develop strategic recommendations and implement marketing ' <br /> programs for the purpose of economic development and retention of existing businesses <br /> within the jurisdiction of areas of operation of the parties. <br />(f) Purchase liability insurance to insure against liability of the or and its <br /> constituent members. <br /> <br /> ARTICLE IX. <br />FINANCIAL <br /> <br />The fiscal year of the North Metro Highway ~orridor <br /> <br />The Board shall adopt an initial bud <br />for each succeeding year prior to July 1 <br />opportunity to each member to comment <br />adoption. Notice of the adopted budget <br />administrative officer of each Coalition meinber. <br />approved by each member unless, pn x 10th <br />gives written notice to the Secret~ the <br />end of the year as provided in <br /> <br /> adopt an lget <br /> The ll give an <br />proposed budget before <br />thereafter to the chief <br />year is deemed <br />year, a member <br />s withdrawing at the <br /> <br />Operational costs shall be <br />Each member's <br />population <br />members tax <br /> <br />m <br /> <br />acct <br /> <br />budget <br /> <br /> ng formula: <br />be based 50% on the members <br />of all members and 50% on the <br />tax capacity of all members. County <br />determined by the full Board. <br /> <br />as bill <br /> right <br /> <br /> dues payable no later then 30 days after mailing. In <br /> o the amount of a billing a member must nevertheless make <br /> e membership status. The member may make payment <br /> bill and exercise any remedies available to it. Failure <br /> ~s results in suspension of voting privileges of the member <br />Io pay a billing within 120 days is grounds for termination of <br /> <br />member <br /> <br /> ARTICLE X. <br />WITHDRAWAL <br /> <br />A er may withdraw from the Coalition no later than October 10th in any year. <br /> otice shall be accompanied by a certified copy of a resolution adopted by the <br />.overning body of that member authorizing its withdrawal from membership. The <br />withdrawal is effective at the end of the calendar year in which notice is given. <br /> <br />The withdrawal of a member does not affect that member's obligation to pay fees, <br />charges or contractual charges incurred prior to withdrawal. <br /> <br />-5- <br /> <br /> <br />