Item 3: PH on MWMC IGA - Laserfiche WebLink

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determines are necessa~to meet Bond covenants and achieve and maintain an unenhanced credit ratinq of A for the Commission's Bonds from at least one nationally reco nized ratin a enc . h~ Commi~iog,shall not make an ey~penditures until the Commission's bud~ave been ratified by the Governing Bodies. The Commission shall deliver its recommended budqet and CIP, together with its estimate of the rates and amounts that are necessary to fund the recommended bud~ the Governinq Bodies by May 1 of each year. If one of the Governinq Bodies objects to the recommended budqet, CIP or the rates necessary to fund them, the Governing Body shall make every reasonable attempt to use the reconsideration and mediation process set forth in Section 16 in sufficient time to assure that the Commission has an a roved bud etb Jul 1. 1,~4. Recommendations: Upon recommendation of the Commission, the Governing Bodies shall: a. Establish sewerage policies. b. Provide the personnel and services necessary for the operation and maintenance of the regional sewerage system at the expense of the Commission. c. Adopt a system of sewer user charges and Aystem development charqes as ~ _ - ~' Deleted: connection fees. In the ~ Section 8.c of this Aqreement. [ case of user charges required by 40 CFR 35.929, the charges adopted shall be not less than those recommended by the Commission. d. Levy and collect the charges~ - - - ~ Deleted: severally e. Apportion funds that the Governing Bodg£~c~ive_s for sewerage, between the ~ ~ ~ ~ Deleted: les Governing Body and the Commission in direct proportion to the total charqes that are - - ~r Deleted: in accordance with the imposed by the Governing Body for sewerage on behalf of the Commission and the ~. Commission's adopted financial plan Governin Bcd . ~ ~ ~ ~ Deleted: ¶ ~ Modification and Termination: -I'hi~ Agreement shall contin~ dnt[I modified by / <fi>Provide funds for capital unanimous consent of the Governing Bodies. A Governing Body may terminate its ~ /systemimpr°vements to thein accordanceSeWeraDewith the part~c~pahon ~n the Agreement by~one year's advance nohce of termination,to x~Commission's adopted financial plan."[ the other Governing Bodies. If th~ p~rties ~re d~bl~o agr~ on th~ divisio~ o(~et~ ~; ~ ~. Deleted: 16 and liabilities between the parties, the dispute shall be referred to a board of arbitration ~ Deleted: 30 days written notice at for its decision concerning the division. The board shall have five members; a judge of ,~ any time prior to bond authorization the Circuit Court of Lane County to be selected by the chief judge of the Court, a ,, ~ ~ Deleted:. Thereafter, representative of the State Department of Environmental Quality to be selected by the ~ ~ ~ Deleted: must be provided director of the,p_epartment, and one representative who has not served on the ~ Deleted:, Commission from ~ch ~over~ing ~_od~ ~o b~ selected bythe resp~c{i~ Governing ~ -~ Deleted: d Bodies. Notwithstandinq the precedi~q I~g~g~ ~ ~hi~ Sectio~ ~ Governing Body~h~{ ~ ~ ~ Deleted: g ~ated to collect revenue on behalf of the Commission ma~L not terminate its Deleted: b participation in this Agreement unless all Bonds have been paid or defeased. 1,1~6. Reconsideration and Mediation: If one or more of the Governing Bodies objects to any action proposed or taken by the Commission, including any action taken ,to ,update , the Governing Body objecting to the action shall request that the Commission reconsider such action by delivering a written request therefor to the Commission. The Commission shall put such action on its V: Environ\MWMC\lGA~Agrement.doc ~ ,2005 (doc. 98535)