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4. Timing of Contributions: <br /> a. Each participating city agrees that it will provide its funding <br /> contribution in two installments payable on January 1 and July 1 <br /> of each calendar year. <br /> 5. Support Services: <br /> a. The cities agree that one or more of them may be called upon <br /> by the governing board to provide various support services <br /> (financial, personnel, equipment maintenance, etc.). <br /> b. Said sei vie d by-contract-with-the-provider--city. <br /> c. Each city agrees that in providing these services, it will charge <br /> no more than the actual cost of employee time involved, together <br /> with the actual cost of any materials, supplies, or services that <br /> may be required to fulfill the contract. <br /> I. Termination: <br /> 1. In the event that a city that is a party to this agreement wishes to <br /> discontinue its participation in the joint powers. agreement, it may do <br /> so under the following terms and conditions: - <br /> a. Two years' notice; <br /> b. If the Cities of Mounds View or Spring Lake Park terminate, <br /> they shall be responsible for payment of their original share of <br /> remaining principal due on the financing of the building. <br /> Payment shall be made within two years of termination and shall <br /> be based on the following table*: . <br /> Year of Termination Mounds View Spring Lake Park <br /> 1994 $ 318,000 $ 171,400 <br /> .1995 $ 310,654 $ 167,441 <br /> 1996 $ 302,794 $ 163,205 <br /> 1997 $ 294,384 $ 158,672 <br /> 1998 $ 285,385 $.153,822 <br /> 1999 $ 275,756 $ 148,633 <br /> * The table assumes that a $2,000,000 project is completed in 1993 and that <br /> debt service is first payable in 1994 for a period of twenty years at seven <br /> percent interest. If any of these variables changes, the table must be changed <br /> accodingly. <br /> 5 <br />