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The Organization is further authorized to undertake capital <br />improvement projects within the Area when such projects are <br />ratified by each party to this Agreement. When the Organitation <br />determines to undertake such a project, the costs of such project <br />shall be the obligation of the Organi:ation and not of the <br />parties to this Agreement. The Organi:ation shall not certify <br />for payment by the County under M.S. 473.883 any part of the cost <br />of a capital improvement unless such certification is ratified by <br />each party to this agreement. <br /> <br /> 3.12 Insurance: The Commission may purchase property and <br />public liabiity insurance as it may deem necessary. <br /> <br /> 5.!5 General: The Organization may take ali such other <br />actions as are reasonably necessary and convenient to carry out <br />the purposes of this Agreement. <br /> <br /> SECTION iV <br /> <br /> Termination of Agreement <br /> <br /> 4.1 This Agreement may be terminated by approval of two- <br />thirds vote of the governing bodies of each party hereto, <br />provided that ail such approvals occur within a ninety (90) day <br />period. Withdrawal of any party ma)' be accomplished by filing <br />written notice with the Organization and other parties sixty (60) <br />days prior to the effective date of the withdrawal. No party may <br />withdraw from this Agreement until the~it.hdrawing party has met <br />its full financial obligations for the year... <br /> <br />A-13 <br /> <br /> <br />