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4 <br /> <br />the cost allocation among cities and financial responsibilities will require execution of <br />separate agreements. On or around August of each calendar year, a proposed <br />budget for the following year will be voted on by the Executive Committee at a <br />regular meeting, and distributed to the members. An agreement for voluntary cost <br />sharing among participating municipalities will also be distributed, with the first <br />agreement effective for year 2019. Negotiation, execution, and administration of any <br />such cost sharing agreement must comply with applicable statutes and regulations. <br />Nothing in this MOU shall obligate the agencies or partners to obligate or transfer <br />any funds absent a separate agreement authorizing such contributions. <br /> <br />G. Modification: Material alternations, modifications, or variations of the terms of this MOU <br />must be reduced to writing as an amendment and signed by the parties. Election or <br />appointment of members to the Executive Committee, the formation of subcommittees, and <br />updates to Exhibits A and B to this MOU do not require formal amendment of this MOU. <br /> <br />H. Authorized Representatives. By signing this MOU, the undersigned certifies that he/she is <br />authorized to act and carry out the terms of this MOU. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this Memorandum of Understanding on <br />the dates indicated below. <br /> <br />County of Anoka: <br /> <br /> <br />_____________________________________ <br />Rhonda Sivarajah, Chair <br />Anoka County Board of Commissioners <br /> <br />Attest: <br /> <br /> <br /> <br /> <br />Date: ______________________ <br />_____________________________________ <br />Jerry Soma, County Administrator <br /> <br />Date: ______________________ <br />Connexus Energy: <br /> <br /> <br />_____________________________________ <br />Bruce Sayler, Principal <br /> <br /> <br /> <br /> <br />Date: ______________________ <br />NorthMetro Chamber of Commerce: <br /> <br /> <br />_____________________________________ <br />Lori Higgins, President <br /> <br /> <br /> <br /> <br />Date: ______________________