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G. Membership: <br />I. Residents of the four cities who have reached age 55, have completed <br />a membership application, and have paid annual membership dues <br />determined by the senior management board. <br />Z Privileges of membershiv include the right to participate in election of <br />committee members, the right to participate in election of. a senior <br />representative to the governing board, and such other privileges and <br />responsibilities as may be determined by the senior management board. <br />H. Responsibilities of Foizr Cities: <br />1. Funding: <br />a. Funding for the operation of the regional senior center will be <br />derived from a combination of governmental and private sector <br />grants, proceeds from a senior center endowment fund, <br />membership dues, rental income, interest income, and other <br />income sources_ <br />b. By July 1 of each year, the governing board shall provide <br />estimates of revenue that. is needed to fund the ne= year's <br />operating budget (including any debt service) for the regional <br />senior center. <br />c_ Revenue ne--ds shall be met by the four cities in proportion to <br />their total ooaulation and their se:vor population (population <br />over, age 55).. I7ae following formula wiil be used in calculating <br />each c;ty's financial contribution to the operation of the regional <br />senior center. <br />i_ Percent of total population in the four cities plus the <br />percent of population over 55 in the four cities divided <br />by Z. <br />d_ The most recent United States census of population shall be <br />used in calculating the above formula through the fifth year of <br />any decade. Beyond that, population estimates provided by the <br />Metropolitan, Council shall be -used for this purpose. <br />J <br />