CC PACKET 11241987 - Laserfiche WebLink

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Section 7. It shall have authority to fix charges for the use of the programs and facilities of LOGIS, both as to members and nonmembers consistent with policies and guidelines established by the board. Section 8: All actions taken by the executive committee shall be subject to control by the board of directors as the board shall deem ad- visable.. IX. FINANCIAL MATTERS Section 1. The fiscal year of LOGIS shall be the calendar year. Section 2. An annual budget shall be adopted by the board at the annual meeting in July of each year. Copies shall be mailed, promptly thereafter, to the chief administrative officer of each member. Such budget shall be deemed approved by the member unless, prior to October 15 of the year involved, the member gives notice in writing to the LOGIS secretary that it is withdrawing from the organization. j i Section 3. The board shall have authority to fix cost sharing charges for all members in an amount sufficient to provide the funds re- quired by the budgets of the organization. It shall advise the chief administrative officer of each member, on or before September 1 of each year; of the amounts of such charges falling within Classes 1 and 2 and the rates of such charges falling within Class 3, as such classes are defined in Section 5 of this article. i I • Section 4. Billings for all charges .shall be made by the board and shall be due when rendered. Any member whose charges have not been I! paid within 45 days after billing shall be in default and shall not be entitled to further voting privileges nor to have its director hold any office nor to use any LOGIS facilities or programs until such time as no longer in default. In the event that such charges have not been paid within 45 days after such billing, such defaulting member shall be deemed to have given, on such 45th day, notice of withdrawal from membership. In the event of a bona fide dispute between the member and the board as to the amount which is due and payable, the member shall nevertheless make such payment in order to preserve its status as a member, but such payment may be made under protest and without prejudice to its right to I dispute the amount of the charge and to pursue any legal remedies avail- j able to it. I Section 5. The charges of LOGIS shall be divided, for cost sharing purposes, into three classes, to-wit: (a) Class 1 Charges. These charges shall be made to cover the organization's general, administrative and operational expenses not falling within Classes 2 and 3. Class 1 charges shall be.-.nade as fixed monthly, j quarterly or annual membership dues. They shall be determined annually by the board of directors. They shall not be retroactively applied to new members. • -7-