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Agenda - Council - 05/31/1983
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Agenda - Council - 05/31/1983
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4/15/2025 11:58:40 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
05/31/1983
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I <br />I <br />I <br />I <br />I <br />I <br /> <br />evaluation of other improvements by the parties. When the Organization <br />determines to undertake an experimental improvement project, the <br /> <br />costs of such project shall be the obligation of the Organization <br /> <br />and not of the parties to this Agreement~ <br /> <br /> 3.12 Ins6rance: The Commission may purchase property and <br />public liability insurance as it may deem necessa, ry. <br /> <br /> 3.13 General: The Organization may take all such other <br /> <br />actions as are reasonably necessary and convenient to carry out <br /> <br />the purposes of this Agreement. <br /> <br />I <br />I <br />I <br />I <br />I <br />I <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, provided <br />that all such approvals occur within a ninety' (90).day period. <br />Withdrawal of any party may be accomplished by filing written. <br />notice with the Organization and other parties sixty (60) days. <br />prior to the effective date of.the termination. No party may ~ <br />withdraw from this Agreement until the withdrawing party has met <br />its full financial obligations for the year. <br /> <br />I <br />I <br />I <br /> <br /> SECTION V <br /> <br /> Dissolution of Organization <br /> <br /> 5.1 The Organization shall be dissolved under any of the <br />following conditions: <br /> <br /> a) Upon termination of this Agreement; <br /> <br />I <br />I <br /> <br />b) <br /> <br />c) <br /> <br />Upon unanimous agreement of all parties; or <br /> <br />Upon the membership of the Organization being reduced <br />to less than three parties. <br /> <br />-12- <br /> <br /> <br />
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