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Agenda - Council - 01/12/1999
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Agenda - Council - 01/12/1999
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Last modified
3/25/2025 3:38:43 PM
Creation date
9/9/2003 9:26:09 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
01/12/1999
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I <br /> <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 /> I <br /> <br />Blaine 16.8 % <br />Circle Pines and Lexington (jointly) 3.3 % <br />Columbia Heights 8.6 % <br />Coon Rapids 22.1% <br />Fridley 12.0 % <br />Lino Lakes 3.1% <br />Ramsey 4.4 % <br />St. Francis and Bethel (jointly) 1.9 % <br />Spring Lake Park 3.2 % <br /> <br />Anoka County Contract No. ~ <br /> <br />Any other surplus funds arising as a result of this Agreement after the purpose of this Agreement <br />has been completed shall be shared in the same percentages. <br /> <br /> SECTION SEVEN <br /> <br /> TERMINATION <br /> }, -i---~his Agreement shall not terminate nor may any party terminate its participation <br /> I <br /> herein prior to the date the Notes are paid in full. Any City terminating before the <br /> <br />Notes are paid in full shall remain liable to the County for the terminating City's part of the <br />Shared Capital Cost and the City Equipment Cost that remains unpaid. Thereafter, any party may <br />terminate its participation in this Agreement and may terminate its participation in the System by <br />written notice to the other~ parties at least 90 days prior to t..theh effective date of such termination. <br />Upon any such termination, the remaining parties' share of the Shared Ongoing Costs shalI be <br />adjusted accordingly. Such withdrawal shall not terminate this Agreement except as to the <br />terminating party. Except as provided above, this Agreement shall continue for so long as the <br />System remains placed in service. <br /> <br />-8- <br /> <br /> <br />
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