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Resolution 9368
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Resolution 9368
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Last modified
1/28/2025 4:53:16 PM
Creation date
12/19/2020 10:44:05 AM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Resolutions
MEETINGDATE
12/14/2020
Commission Doc Number (Ord & Res)
9368
Supplemental fields
City Council Document Type
Resolutions
Date
12/14/2020
Resolution/Ordinance Number
9368
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g. Term. The term of this agreement will be through December 31, 2020. <br />Unless either party gives at least 6 months written notice of its intent to <br />cancel this Agreement effective December 31 of the year in which the <br />notice is made, NYFS will continue to provide services to the Municipality <br />if a successor agreement has not been executed prior to the end of the <br />term. <br />h. (A) Distribution of Assets Upon Dissolution. <br />If NYFS ceases to operate, the Board of Directors will do one of the <br />following: <br />Give the assets to one or more non-profit agencies providing similar <br />social services in the northern suburbs of Ramsey County; or, <br />Form a new Foundation to fund appropriate social service <br />programming in the northern suburbs of Ramsey County. <br />The final Distribution of Assets Plan must be approved by the Ramsey <br />County District Court. <br />(B) Deviation from the Mission. <br />If the City Council determines that NYFS has materially deviated from its <br />mission (See II. Recitals, A.), the City Council may ask the NYFS Board of <br />Directors to consider dissolving the agency and liquidating the assets. <br />The Board will do one of the following: <br />iii. Consider the request and by a majority vote deny it. <br />iv. Consider the request and by a majority vote agree to modify the <br />programs to be consistent with the mission. <br />
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