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DRAFT <br />11-73-42-24 <br />6.5 <br />7.1 <br />Default. Any Member who is more than 60 days in default in contributing its share to the <br />operating budget or to a CIP Project shall have the vote of its Commissioner suspended <br />pending the payment of its proportionate share. Any Commissioner whose vote is under <br />suspension shall not be considered for the purposes of determining a quorum or for <br />determining the sufficiency of a vote. <br />SECTION VII <br />TERMINATION AND DISSOLUTION <br />Termination. This Agreement may be terminated prior to January 1, 2035 by the <br />unanimous consent of the Members. If the Agreement is to be terminated, a notice of the <br />intent to dissolve the Commission shall be sent to the Board of Water and Soil Resources <br />and to Anoka County at least 90 days prior to the date of dissolution. <br />7.2 Dissolution. In addition to the manner provided herein for terminating this Agreement, <br />any Member may petition the Board to dissolve the Agreement. Upon 90 days notice in <br />writing to the clerk of each Member governmental unit and to the Board of Water and <br />Soil Resources and to Anoka County, the Board shall hold a hearing and upon a favorable <br />vote by a majority of all eligible votes of then existing Commissioners, the Board may by <br />Resolution recommend that the Commission be dissolved. Said Resolution shall be <br />submitted to each Member governmental unit and if ratified by a majoritythree-fourths of <br />the City Councils of all eligible Members within 60 days, said Board shall dissolve the <br />Commission allowing a reasonable time to complete work in progress and to dispose of <br />personal property owned by the Commission. <br />7.3 Distribution of Assets. If this Agreement is terminated and not replaced with a new <br />agreement providing for the continued operation of the Commission, or if the <br />Commission is dissolved, all property of the Commission shall be sold and the proceeds <br />thereof, together with monies on hand, shall be distributed to the eligible Members of the <br />Commission. Such distribution of Commission assets shall be made in proportion to the <br />total contribution to the Commission as required by the last annual budget. <br />8.1 <br />SECTION VIII <br />MISCELLANEOUS PROVISIONS <br />General Appeal. Any Member aggrieved by a determination of the Board shall have 30 <br />days after the Board's determination within which to file a written appeal to the Board. <br />The Board shall refer a timely appeal to a board of arbitration for a decision as provided <br />below. Failure of a Member to file an appeal within the 30-day appeal period shall be <br />deemed to have consented to the Board's determination. <br />8.2 Board of Arbitration. Any matter appealed by a Member pursuant to this Agreement <br />shall be decided by a board of arbitration. The board of arbitration shall consist of three <br />persons; one to be appointed by the Board, one to be appointed by the appealing Member, <br />and the third to be appointed by the two so selected. In the event the two persons so <br />21 <br />LW1O5-1-951303.vl <br />