Resolution 8078 - Laserfiche WebLink

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Each member's share of the annual budget will be based 50% on the members population compared to the aggregate population of all members and 50% on the members assessed valuation compared to the aggregate assessed valuation of all members. This membership fee formula may be waived and or modified to accommodate members who seek to become full voting members and commit to an alternative financial commitment, such as, in-kind contributions that are acceptable to the board of directors. Section 4. Membership fee billings to Coalition members are due and payable no later then 30 days after mailing. In the event of a dispute as to the amount of a billing a member must nevertheless make payment as billed to preserve membership status. The member may make payment subject to its right to dispute the bill and exercise any remedies available to it. Failure to pay a billing within 60 days results in suspension of voting privileges of the member director(s). Failure to pay a billing within 120 days is grounds for termination of membership, but North Metro I-35W Corridor Coalition's rights to the billing are not affected by termination of membership. ARTICLE X: VICE PRESIDENT -ADMINISTRATOR Section 1. The North Metro I-35W Corridor Coalition may appoint a Vice President - Administrator. The Vice President - Administrator may be engaged as a full-time, part-time employee or on a consulting basis. Section 2. The Vice President - Administrator, if appointed, has only those powers and duties delegated by the board. The Vice President—Administrator reports to and is responsible to the board and shall work closely with Coalition Officers on a day-to-day basis. ARTICLE XI: WITHDRAWAL Section 1. A member may withdraw from the Coalition no later than October 30th in any year. The notice shall be accompanied by a certified copy of a resolution adopted by the governing body of that member authorizing its withdrawal from membership. The withdrawal is effective at the end of the calendar year in which notice is given. Section 2. The withdrawal of a member does not affect that member's obligation to pay fees, charges or contractual charges incurred prior to withdrawal. 6