12-20-2000 Council Agenda - Laserfiche WebLink

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ARTICLE VIII. WITHDRAWAL AND TERMINATION Section 1: Withdrawal. Any party may withdraw from this Agreement upon the following conditions: a) giving 90 days written notice to the Task Force, and b) showing that all undisputed amounts due and owing pursuant to Article VII, Section 1 and 2, have been paid. Notice shall be a certified copy of a resolution of its governing body indicating its intent to withdraw from this Agreement. Upon receipt of the resolution, the Chair of the Task Force shall forward a copy of the resolution to each of the members. In the event of withdrawal by any member body, this Agreement shall remain in full force and effect as to all remaining member bodies. Section 2: Effect of Withdrawal. Withdrawal by any member shall not terminate this Agreement except as provided in Section 3, herein. Withdrawal shall not act to discharge any liability incurred or chargeable to any member before the effective date of withdrawal. Such liability shall continue until appropriately discharged by law or agreement. No member shall be entitled to a refund of assessments paid, or forgiveness of such assessments owed, to the Task Force. Section 3: Termination. This Agreement shall terminate upon the occurrence of any one of the following events: A. When members withdraw pursuant to Section 1 so that, in the judgment of the Task Force, it becomes impractical or uneconomical to continue. B. When necessitated by operation of law or as a result of a decision by a court of competent jurisdiction. C. When a majority of the Task Force agree to terminate this Agreement. Section 4: Effect of Termination. Termination shall not discharge any liability incurred by the Task Force or by the members during the term of this Agreement. Property or surplus money acquired by the Task Force shall be distributed to the members in proportion to contributions of the members. The Task Force shall Page 71