11/22/1995 Park Board Packet - Laserfiche WebLink

Home Search

�-. C. Upon termination of this Agreement, all property of the program shall be sold and any surplus money and property of the program remaining after payment of all liabilities shall be returned to the parties in proportion to each party's total contribution to the program over the last three (3) years. Property contributed to the program for use but not owned by it, shall not be sold, but rather shall be returned to the party that contributed it. A party's total contribution shall include. monies contributed, and fair market value of property and goods contributed. ARTICLE V DISPUTE RESOLUTION Whenever the City of Lino Lakes or School District believes there is a misinterpretation or a violation of the specific terms and conditions of this Agreement, they may initiate the dispute resolution process by submitting a written statement outlining the dispute or disagreement to a Resolution Committee. The Committee shall be composed of the Lino Lakes City Administrator and one other person the Administrator shall select, and the Superintendent of Schools and one other person the Superintendent shall select. The Committee shall have received the written statement when a copy is delivered to the City Administrator and Superintendent. The City Administrator shall call a meeting of the Committee within ten (10) days of having received the written statement. Within ten (10) days of the Committee meeting, the Committee shall issue its written response to the School Board and City Council of Lino Lakes. If the Resolution Committee cannot mutually agree as to the appropriate interpretation or application of the specific terms of this agreement, the dispute shall be forwarded to the Anoka County Mediation Service or a similarly appropriate mediation service. If the members cannot mutually agree, through the mediation process, within 60 days following the Resolution Committee' s written response, then the City or School District may initiate the submission of the issue to the American Arbitration Association for a mutually binding decision. The costs of the arbitration process shall be equally shared by the City and School District.