07-09-1980 Council Agenda - Laserfiche WebLink

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Section 2. Commission funds may be expended by the Commis- sion 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 officers. Other legal instruments shall be executed with authority of the Commission, by the president and secretary- treasurer. Contracts shall be let and purchases made in accordance with the procedures established by law for Minnesota Statutory Cities. Section 3. The financial contributions of the parties in support of the Commission shall be in direct proportion to the number of votes to which the director representing the member on the Commission is entitled. The initial contribution of each member for the remainder of calendary year 1980 shall be $1,000.00 per vote on the Commission. The initial ? ontribution shall be paid on or before August 1, 1980. This amount shall be used in part by the Commission to pay all costs and expenses incurred by the City of Roseville in the establishment of the Commission. Member contributions for subsequent years, if any, shall be established as hereinafter provided. Section 4. A proposed budget for the ensuing calendar year shall be formulated by the Commission and submitted to the members on or before August 1 beginning in 1980. Such budget shall be deemed approved by a member unless, prior to October 15 preceding the effective date of the proposed budget, the member gives notice in writing to the Commission that it is withdrawing from the Commission. Final action adopting a budget for the ensuing calendar year shall be taken by the Commission on or before November 1 of each year. The 9