CC PACKET 09031996 - Laserfiche WebLink

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08/27/96 TUE 14:02 FAX 6129407800 DORSEY WHITNEY 3rd DRAFT PER DISCUSSION 7/10/96 • SubwatAppend" ( ersheds are indicated on the map ui ,9 Ca p•�� re d�� Projects maybe undertakenel}Y olel within te ed, within two or more subwatersheds or in all the subwatersheds of the . Financing of capital improvement krojects may consist of an ad-valorem tax on those subwatersheds directly benefiting from said project or other financial mechanisms. Capital improvement projects require approval of members' Councils whose subwatershet s directly benefit from the capital improvement project. , e subdivision : Approval of capital projects sW be by a two-thirds vote b the Beed full A. Y Commission and approval by the Councile�geveg of each member affected by the project and shall be financed in accord with Minriesota-Statftes 103B.and 103D. A A. Subdivision 4: The Commission shall have the authority to prepare and adopt a Capital Improvement Program, beginning with the fiscal year in which the Watershed Management Plan is S�pv��e�.� adopted. The Capital Improvement Program shall set forth the schedule of�cap"01 projects •identified in the-Watershed Management Plan as well as designating Members for participation in each project and estimating the total costs for such projects. Projects not identified in the Watershed Management Plan shall not be included in the Capital Improvement Program until and unless the Watershed Management Plan is amended to include such projects. Durations Each member agrees to be bound by the terms of this Agreement until January 1, 2010, and may be continued thereafter upon the agreement of all the?&r6es__ , Dissolution Or Upon dissolution of the GF► esr, all property of the Gemmigion shall be sold and the proceeds thereon together with monies on hand, shall be distributed to the members Such distribution of 1--assets shall be made in proportion to the total Iz