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Resolution 5053
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05000 - 05499 (1996-2000)
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Resolution 5053
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Last modified
6/25/2019 10:15:10 AM
Creation date
1/31/2007 1:54:06 PM
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MV City Council
City Council Document Type
Resolutions
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<br />e <br /> <br />. <br /> <br />. <br /> <br />ARTICLE X. ADMINISTRATOR <br /> <br />Section 1, The North Metro I-35W Corridor Coalition may appoint an administrator, The <br />administrator may be employed on a full-time, part-time or consulting basis. <br />Section 2. The administrator, if appointed. has only those powers and duties delegated by <br />the board. The administrator reports to and is responsible to the board. <br /> <br />ARTICLE XI. WITHDRAWAL <br /> <br />Section 1, A member may withdraw from the North Metro 1-35W Corridor Coalition no <br />later than October 10th in any year. The notice shall be accompanied by a certified copy of a <br />resolution adopted by .the governing body of that member authorizing its withdrawal from <br />membership, The withdrawal is effective at the end of the calendar year in which notice is given. <br />Section 2. The withdrawal of a member does not affect that member's obligation to pay <br />fees, charges or contractual charges for which it is obligated under this agreement. <br /> <br />ARTICLE XII. DISSOLUTION <br /> <br />Section 1. The North Metro 1-35 Corridor Coalition may be dissolved by a two-thirds vote <br />of its members in good standing. Dissolution is mandatory when the Secretary-Treasurer has <br />received certitied copies of resolutions adopted by the governing bodies of the required number of <br />members requesting dissolution of the North Metro I-35W Corridor Coalition. <br />Section 2. In the event of a dissolution. the board must determine the measures necessary <br />to effect the dissolution and must provide for the taking of such measures as promptly as <br />circumstances permit, subject to the provisions of this agreement and law. <br />Section 3, In the event of dissolution, following the payment of all outstanding obligations, <br />assets of the North Metro I-35W Corridor Coalition will be distributed among the then existing <br />members in direct proportion to their cumulative annual membership contributions. If those <br />obligations exceed the assets of the North Metro I-35W Corridor Coalition. the net deficit of the <br /> <br />8 <br />
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