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56 <br />effective at the end of that calendar year; and membership shall continue until the effective date <br />of the withdrawal. Prior to the effective date of withdrawal, a notice of withdrawal may be <br />rescinded at at e by October 15 by a Member. If a Member withdraws before dissolution of <br />the commission, the Member shall have no claim against the assets of the Commission. A <br />Member withdrawing after October 15 shall be obligated to pay its entire contribution for the <br />ensuing year as outlined in the budget of the Commission for the ensuing year. <br />Section 3. Should any Member withdraw from the Commission, as of the date;an�- <br />Fenewai of the Cable TelevisieH rFanehise Ofdinanee, or in an), year <br />the withdrawing <br />member shall assume the responsibilities for eeity PEG access cable television channels <br />and programming within and for the geographic boundaries of the withdrawing municipality as <br />described in Article VIII, section 4-311, herein. Fer the years f;Bilewing withdrawal pufsuant to <br />quaAer'�'Pragramming menies. Pre rata shall mean that pereentage whiel 'e munieipality would - <br />the CeFAFAissien. Additionally, the withdrawing muiiieipaNty shall reeeive B PF8 Fata Share efafl-)� <br />pet4ien of the $650,000 payment fnade to the CeffifflissioR whieh the Gemmission has not <br />Section 4. In the event of dissolution, the Commission shall determine the measures <br />necessary to affect the dissolution and shall provide for the taking of such measures as promptly <br />as circumstances permit, subject to the provisions of this Agreement. Upon dissolution of the <br />commission, all remaining assets of the Commission, after payment of obligations, shall be <br />distributed among the then existing Members in proportion to the most recent Member -by - <br />Member breakdown of the franchise fee as reported by the Grantee. The Commission shall <br />continue to exist after dissolution for such period, no longer than six months, as is necessary to <br />wind up its affairs but for no other purpose. After disselut:,.., _! initial * - k <br />....--.... ----M <br />L <br />1 <br />2015 Final - Redline Version <br />