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DRAFT <br /> 11-7-55-�-24 <br /> (a) Improvement Fund. The Board may, but is not required to, create an <br /> improvement fund for each CIP Project. Funds for the particular project shall be <br /> placed in and expended from the improvement fund created for the project. <br /> (b) Member Contributions. <br /> (i) Amounts. The Member responsible for constructing a CIP Project, together <br /> with any other identified benefiting Members, shall contribute toward the <br /> project such amounts as identified in the Board's resolution ordering the <br /> project and in accordance with the terms of the cooperative agreement <br /> entered into for the project. The Board will consider the benefits of the <br /> improvements to one or more subwatersheds in determining which Members <br /> are benefited by the CIP Proj ect. <br /> (ii) Appeal. Any Member aggrieved by the determination of the allocation of <br /> Member contributions toward a CIP Project may appeal the Board's <br /> determination by filling a written appeal to the Board within 30 days of the <br /> date of the Board's resolution. The Board shall refer a timely <br /> appeal to a board of arbitration for a decision as provided herein. <br /> Failure of a Member to file an appeal within the 30-day appeal period shall <br /> be deemed to have consented to and agreed with the cost allocation as set out <br /> in the Board's resolution. <br /> . Evil 0- <br /> . <br /> 16 <br />