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<br /> ~,,.~1 I~.,~ I ~,.~1,.~11'~,.,~ '~,.~l. llll. l%.~.~ '~,.,~%.~1 V I'~,.,~%.~..~ ~,,.~1 I~.,~ I ~,.~'~,.~1111.1%.~.~1 I1%.~1 I I%.~1 Il ~
<br /> ~o~o. !!!-G-! ,h,-,, ,,-,h ~b~_7~ ,-,~ ,~o ~,r~i,o~ ~r~o r:_~ro~ ~o~ ,h,-, Growth
<br /> Mana~rovisions in Chapter II of the Metro Plan and the Public Facilities
<br /> and Services Element provisions in Cha ter III of the Metro Plan, as amended.
<br />
<br /> f. The Governing Bodies will make commitments necessary_ to assist the
<br /> Commission in obtaininq favorable interest rates and other terms for Bonds
<br /> ad~joroved by the Governinq Bodies under ORS 190.080 1(!~.
<br />
<br />9 Ca'"acit,,C0mmissi0n's Liabilities: Tko inifiol r. onor. if,, Cr~r rko oo,~,ono froofrnonf
<br />
<br />, ,n~ro4~ th~ tr~otm~nt e,,et~m h~,,nn4 th~ initiol 4~ei~n ¢ono¢it,, ThC~ ~....~~nvCrninn Bodies
<br />shall be obliqated to im ose collect and remit to the Commission sewer user char es
<br />~stem development charqes and to com~ with the obliqations ~ecificall~
<br />~osod on tho Govominq Bodios ~ this Aqroomont. [xco~rovidod in tho
<br />procodin sontonco tho Govomin Bodios shall not bo liablo for tho dobts liabilitios or
<br />~ations of tho Commission.
<br />
<br />10. Grants and LeansBonds: The Commission shall apply for grants and leans4e~
<br />~:,d'-'ds ssue Bonds to achieve the objectives of this Agreement and to carry out an
<br />adequate program of sewerage fe~within ther-,'"'";°"t°'4-,r-.--,.-.,- uUrban_ .,...,-or,,;"Ov ,,,... .... Growth
<br />Boundary.
<br />
<br />11. Contracts: The Commission may enter into contracts for technical assistance and
<br />for construction of facilities to achieve the objectives of this Agreement and to provide
<br />necessary sewerage in the area.
<br />
<br />12. Hearinqs: The Commission may conduct hearings on complaints from any rate
<br />payer who is aggrieved by rules of the Commission, by sewerage rules, regulations,
<br />policies, or practices of the Governing Bodies, or by any aspect of the sewerage
<br />operations of the Governing Bodies. "Rate payer" means any person or entity
<br />responsible for the payment of any charge or fee imposed on behalf of the Commission.
<br />The Commission shall provide in its bylaws for advance notice and for conduct of the
<br />hearings. After the hearing, the Commission shall submit to the Governing Bodies and
<br />to the complainant its findings and recommendations regarding the complaint.
<br />
<br />~413. Annual Budqet and Capital Improvement Proqram: The Commission shall
<br />prepare an annual and ~necessary supplemental budgets and CIP in accordance
<br />with its bylaws. The Commission may make expenditures or incur obligations only
<br />within limits set by the budget and CIP. Exce~_t for expenditures required to meet Bond
<br />covenants and maintain adequate bond ratinqs and reasonable access to the capital
<br />markets :[:the Commission bu~shall not make an e~h~)enditures until the
<br />
<br />V: Environ\MWMC\IGA~Ag rement, doc 8 April ", oo~~ 2005
<br />(doc._8306098535)
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