Agenda - Council - 05/24/2005 - Laserfiche WebLink

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Section 7. The Commission may appoint such other officers as it deems necessary. All such officers shall be appointed from the membership of the Commission, X. FINANCIAL MATTERS Section 1. The fiscal year of the Commission shall be the calendar year. Section 2. Commission funds may be expended by the Commission in accordance with the procedures established by law for the expenditure of funds by Minnesota Statutory Cities. Orders, checks and drafts must be signed by any two of the _c..L~t.lg_.'e_.%x..!~. '~_1 t!~!2~.(~I~[!_[.'.2:._fl.L!i!.j;t ,~r~)q!/<j24}i,~}..5-~!i~t}__,2[~t2j..i.!;¢!,ig[g.].i!55~,. Other legal instruments shall be . ' ~ _O cie ted.!.. ~ ¢ ~ ret_ar~_7_ executed with authority of the Commission, by the chair and~t~r.e..a.s..u.r..e.r:...C.~..n~t.r'~a.c.t`s...s.h~a.~..b..e~.~.e.[~E¢~`` 15urchases made in accordanc? with the procedures established by law for Minnesota Statutory Cities. Section 3. The financial contributions of the ~}~;?~,,.!_~.!.~¢fs in supp_qrt___o_.f_.t.h__e_.C__o___m..m._i_s_s.!9__n._.." shall be the five percent (5%) franchise fee which shall be collected from Grantee by the .'~ ~e!~_ted.?_nernber ...... expenses, The Commission shall, by majority vote, reimburse):j?2;[~!?.~Cs for such exp~e.n..s.~_s_.__.T_.h__e._..-' remainder of the franchise fee shall be used by the Commission for cable-related expenses. Prior to the collection of franchise fees adequate to cover expenses, the Grantee, as prepayment of the initial franchise fee shall reimburse,:)¥j.¢'Z}_l!..c~s and the Commission for all cable-related exp_e._n.s__e.s_,_ Section 4. A proposed budget for the ensuing calendar year shall be formulated by the .. Deleted: member Commission and submitted to the ~.._.lg[~)tj.?Ss__ _~__n_ _o.r.__b_e_ _f_o.r. _e..A._u_ gu.s_t__!:.p:.[~3.~5.1_q..?~3'.._~3:r.:_. _S_u..c..h_ b__u.d_ g.e.t. _s~_a.[l..: ~.-- Deleted: on or before December I, 1982, and thereafter be deemed approved by a ~_~__.!.c?=~_!igi~ unless, prior to,_Qctober 15 preceding the effective date of the ..... 5 Deleted: member, - - ' i Deleted: December 31, 1982, and proposed budget, the~}?.g~!.b_:¥gi_v._e_s- `n.~..t!.c.e.~i.n...w..r.i.t~.n.g.t9.~t.h..e`g~..m.m~i.s`.sj~.~h~!~i~!~wj~g.~' ........ ~' Deleted= member the Commission, subject to Article XI, Section 2 of this Agreement. Final action adopting a budget .' i Deleted l on or before December 31, for the calendar year shall be taken by the Commission i?.B.9_r- -46-