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HomeMy WebLinkAboutbocc.con.021.1981 1' )� c �� ,�.a � �; . .. ._ . _ ��• ` .. _ . . ._... . . . _ . .. —.. . .- _.. . .,.... -- . .._. ---�j�}�,c,.. � , . . ., ,,? . • ��`' , --, F��:�::;-:, �� •v���:;,,=_:i;,::v:;i.�:Cy�:. ""'!:1:_�'i' � CA 21(81) • Tliis InCer�,o�rernment:il ;,; ._ement is m:i�ic ;in.i c:�tc:•�c :•�c.� this __llth day o� _t.i:�t-,;� _. 19S1. hy :II7l� :'c`.�iCC� �it.._ LIi. OF :1SPG�: (hereinaiter ",\sae;i") , TiiG COti\1'1' OF i'i��i:� i�: a::,i �:tr,�t�:.: I `� ' • � • its &o:�rd oz Coc�nty Cor.��iissi,�.icrs (h�rc:nn:�tcr . __::i:� ::;::r._•:"? . __ - - TiiE TOi•:\ OF Cl.:ii0.'•:7:1.Lii (i:c_'�ii:a�cer 'C:�r:�ond:�le"1 . ..... ::!�::: :_ _:��I... � . (i•erei::4:c�. "3a�,:lt") � :1>,.. 'i0;�:,. OF 5\O1:��5S t'ILL�..<.. (: _....._,:e: I .� i ,�Sn��.:..ass") , .:.r3 'i"r.ii CI'1'Y Or GLE::,�'00� SPfiI\.^.5. (i�ace:ar ,�-._ . :��a=:.. ,.. '� . . . t: I T ,, c 5 S E T N . � � 1•,Y.ERE.:S, �a.ch o: eh� �c:r�ies to this �,ree::e:._ hu_ ....� ...�t:.. . �t� � ' . , •` •� : ,,, i. ' or. re.^,;:onsi�i?i�v �or pro��.iin�; s:<Ler, �.+�:ar or rc�rea_i..�.. :.� _:ic . ( resice�:=s :ai_iin �ae res�ec�ive jurisdzctf�ci o� ec:��: .�_... � i:r.L•3E1S, �.�cn o� the. p::rties has che aut`!or' , o_- _.. , ... __.`_�`__, � :or pra�ee��,� ti:e c:RVi:'O::`;:i�8�. QU�litg o° c';e �.::•:._-;.c--.er.c_'_ _�s,;::�-:: � . e�itnin _=cir jurisdictic�n� on be'�11£ o� thei: res'_.:�--;.s: .... . y � . . ' -._.. � 1.,-!?3?.£aS, tl�es2 res���:s'_:�ilit�es c,n best oe ....co::-;�::�:.e:: ..itit �' �--1=. 1 - `� ;�'p respect �o i uedi iteses.:vi_- by �he creation �' � ...-=-- :...,. ��:�:_�_- � ` authur�cy nursuat:e to .:n =:�::�r�,overn:�ental :i;ree-�::_ ... ..�_..,..__.... A': in 29-i-20s� CRS 1973. as ..-:c:�ciecl, c`t�rs�d ,._t'tt =.:� c.........�-....._ . ` � P.�aedi Rescrvoi�• =or t:ie ..::1e c,r 1c:.se c�� c:•,tc.-, . -.�.:c:.: .. . . h;�drr�elect:ic l�o:•�er, an1 .�:�:u�s;r:�ien� n: recs-cr:tio:�ca? ..cti�:=c_.... _ . and o:: the Reser;�oi:-. � � - .. • � � ' � �� � • � § . r ' a , � � . � i d ,,y� � _�� . . ` . :��� •..•.. �,i�{'��M `,'�,�,_Fs;WS:itVryt�a+a:_5183'k:!I,S'.°±+3:a'.,5+.�adt»+�tUV��ii::s.Y.E!YSaa�n+cc:a��.�.�.a��y� � S1 . . . .. . ' ' , ' � _. . � � . � . f . . . . . � .. . . . . .' e ..S . Y, i � - ' . - . ;�/ � . .. _ '. . . . . ' � . . ' ��A.�:. .. . . . , T'� . . . � - " � . , . . . � � ' �� . � . . ' . ��. � . ' � - .. ��?��'�N� , ` I ''^'� �1: n*'.w.' . . . . � t,..r ;.j � . . . ':l. �:L . . . � '�5k_� . ;< ; � ,.�,�� — r��.� . F? . �.�.-��+��l h'.:;c'�'.4f:t�.`^,:�,��r e_.aiw�'s w+��,r��!.�.._.�.j,�t.�.ar__x�»ti�r��-_-___� 'u_an,�lYit,n'.'��ar�.�.w��..�,,;'�:y,:nx. _��:lk,u�:arh y:y (k7{y„f`{ f� � {{`'�r �� . . .,. ' . .. .. . _ . . �` tt'�,rt�d< �� • r_�a'�.. � i�Old, Tlllii;l.ror.�, Lhc p;irtics Iwreb�• c:�;rec a:: I`ollo�.=s: • �• � 1. Rucdi I:eser�•ai: ld:�tcr ancl Po;;cr AuChoritv a ' — - - s a. C:cation and i'arpose. The p��rti�s here.�_� cr�sre r.t- • '� Ruedi 2eser��o..r �•iacer and Po�eer :luthor'_t} (here:nafter "t2•� :1u�L.::-i:�' ���� • "; The purpose of the Authorit,y is to develop the c:ater resources, � , . i syste:�,s, and facilities of the Ruedi Resertroir Eor tLe p_oc9itCti.J:, i • transmission, and salc of hydroelectric power at CLe Reser�•cir; ro seZZ, lezse, oz o�lte•rt:�ise allecate .hc i•iater sto+_•ed in t;�� ?;ese_•ro'_; � to the �a:;i�u� este:,� gerr,:itte3 by Z;ica; to develvg an�a -,;�;�c�ge � and onera�c the i:eservoir �or t;-,c benefit ot CFie inhaGie:.::�CS of ' � the parties. -, b. �lutiiorit�� snd ?���,;crs. ihe :luthor:.tv shall n:n•e. ali . ' � thc po:•;er necess^rv .n�l propor to carr�-out• the uurpose_: �or� - � ��hich it is established �o �ne fullest e�:tent per:^itt�d b� 2at,*, � ' � including bu� not li;,ited to the fo11��.�_ng: � • . yi = �i=� (1) To develop c•:ater resources, systems, or __ci.l«ies � n � i in wnole or in parC for the beneiit of the inhabitaats oi the fi � �: � parties hereto or o"thers, at tne discretion of t:iie Baard oL r;� #cc' Directors, subject to fuliilling any "c�ndiCions or requirer:ents # ;:� . . ,,� �=�= set forth in this A�ree.�.ent; ':�. ' <2) To develo? electric cne�-gy r.c�::ources and ;�rodeic� or trans^�it electric energy in �:hole or in part tor the ber.eiit y - - o£ the inh<bitar�ts or �he conrrccti.n�; par�ies; ' (3) To mal:e ancl enter into contracts; ; . a ;� (4) To erplr�y „gent� and c,r.pla;�ecs; �. i (5) To acqui�c, construcc, mai;agc, mainCain, or operaCe ' ; water or electric er,er�y systens, fariliti�e.^., wurks or inprovements ; or any interest thercie; ' { . f . � � —�— � . �. . � � -` � . .��.��.:,�.,x....�:�.r. ,...��..�..�,.�.. .�, ..a.,,�:.F...,� .�..._..�___.�._- ---- i _ � � � ! .- . �— . : �� _ ; I �, ., _ , , :� - � w�.. .�.��� , M' . . lr-.'-i�-� � � F . .%'�.-.�' 'Y�4j!�{•� � �?j���n�� . �. ,a..1.h'� . „k ,;:J � :�+ ��sj * "�?1 r� �:��� .. �'� ��^'��'.5��'r.h��y"''�'F 1:�.Y.L��4 .i::� :f :,r.:s.�wt.c 1:i�.+�Fii6'1tY.�'�w T” ...`F'�S . - _, �.�. . .. .. ..... . �. . . . . . � . . . . �WN.b�:��i�iC xY'bt1f.'�i'�L.L#s�.��'L'� : l�f.r . � �� � ���_y.� % . 1 �1 . . p�,.:-,..:�. �- . � . , �J t.;... ����� � �3��?V�" - 'S • n � (6) To a�quirc, ;;.�Id, l�asc (as l�ssvi o:- 1i�:;tiee; , • [±� -� sell, or ocherticise disp��se oi any renL or person:ii �rop�rt:y, ,�: commod°ty, or service; (") To condcr.tn t�r�pert�• ior us� as ri.�tits oi .:.,�• o:�!y if such pre�ert;� i� noC o,:m�ci Uy a�1� puUlic util.it�• and �tcco;ed t� to such puLii: use pur�u:::1C =.� :t;:te ,:authari.t�•; / i�) To i:�cu_ �..,�;C•s, liabiliCies, er u:ii;;iCi.�r:;: (9) T� s�e ...d be sued in its o�.�l na.:e: ' (1J} To ha�:e and use a co:i�orate se�l; � � E (1�) To _`ix, ra:inL'air., �..d _evise :ees, rat�. , ..:... ,��ar�c� I for functio.-�s, ser:*ices, �r facili�ic:- provired �r C�lt�`�..._-. . � ; (12) To adopc, b�• resolutioa, regulations an� 5.•-'_,�•..s - respectia�, ti�e exe°cisc o= its po�.ers and tne c:�r�-�-in" cn:� a� �ts ; ,;, ourposes, prot�ided tnat an� by-7.a;.s shall zequirc. -,'.:e cnr:::ir.�s:s ' •:�. appro;�al o_ aLI ;�a°i.ies to be e`iec�ire; + ; ? t� (13) To e:;ercise i:iv e[her po��ers cahich •a:e er,sr:?::`_:il % ' E_ .�,-, t `��� -Y to L-he prov?s�oa �i Tli:'Ci:J.^.S, services, or fac�lit:es - i:c eatit�. ; ;�� .'x and c•�hich �.re specificd i7 tne :o^trnct; ' � � ,��' - 3 (_4)' To do and per�or� an-� acts �nd tr._n�s _.._::c_-':ed j .��, � : � � ,� by tiiis A�ree:�ent, tn:ou�h, or b;� r.:eans o* an a.�e-.;. or �:: ,,..-:c�acts i with aiiy ac:�sc,n, ifrn, n- c�raor�`io*1; _ - - C15) To �rovic'sc Ior the r�hahi.l:catir�^ o= :nv :;c_.�ces adversely ._c.`ected hy t::e cor.stri:c_ion of ��•ater ?i;eiin::s. =:�ci- �ities, or sy,•-c:ns throu�;h L�'.e :ei���ilitation e� pL:�rt�_ ::o•:�,•. saii , • s�abilit.�, a��d .nt�er a�e::sares :.�ppzopriate to th� sui�;;c�.:eae ne;e- i ficial usc of•,uch lan�is _.� . . I 'l. Oper:iL'lon anJ t•i: n:ii;:.��_nr. a. Gener.al. The Auchori.ly sh;ill be operated and mana�ed ~- � far Chc benefit o£ Ehe in?:�biCnnts oF the parties to this AFieement. ;`; . 3 . �... . -a;le�-..rn ..:en•se•:.z%a'3F�.r•w.?�_...... . " i . � �I i _. '.r"'�wr�rMr�'ulKr . . '�:..,.,..: ........_..-...- .......� ._.. ...-. '__ . ..___ . .. � .. . f . � � 1 :..� . .�- .. . , . �i � � f i•, { .. . . � .. � - �� � 1 .. ���Y• � . . . . . . ��� . �!". � 1 ���� j ':.:;,�,,,`•��s::. ' , ���•� ^� . � ., ,.;;�,:;:R '`,` � ��,r �� � . . r "`!f:Y � �� "�r.�.`���+t;KI� s r�-i, St .. ..._ , -�ft.l..r-, ._ :•� x-vi *s����i�'S....`�:e...��!r�s'�`i..t+[��.;,.a,.si�.�.?.,�S.i.i � xP�7'K;/i..et+.a,,i,4J.#k,��us c>,�;'i"-.u'.it++lar,':S�ttiu4�a.�s" Fj�.+� ��Slh� .+. i� a � L� z;�4.c.r -�: ?rc�;: f� ' � 46i':', h . . � •�� i�; ��'� /f r�. _ �'°h . � � b. Aoard oE Di.recCors. Thc �o�•crninF� l��d�• or: th� :\ut�horit�• G<;`k^�� j ' ,._s. ''^iti` , s(..��1 be the Board oi Di rectors �f7�?tL'Ltl.'ti�c:r tl�� "Boar�3"). The ,,;�,r "�'<:-� IIoard sha�ll be comprised s:�lely of CIL'ICCC� ofricza?s �.ha ar� '.?k,yA,�, �'j r� servir.� on the governr."l�:tl bodies or the Ln.iti�s �.ii�r'.1 ar� 4i:;:-tic�. : •�;; .%=:`' ; ' '`' to L-his Agreenent, i:::irn o: ti�e parties to L•his :\�rce:��nt sl;ali ,<;�;�:•'.:: '�,� ^-'i one (1) Director to the �o.�r�l. Ear:i par[y s':ia1L al,o es�abii::t i _ - R ;�;, the tern,which its Director shnll s�rre. Ti�e Dir�cCor;. in ::irn. shall elect �ro:t their :.er.ib�rs a Chairman and L�?�e-Ch;c�r::zn or �:•" . • Y� the Bo�rd, i;5u shall eaen serve a une year terr. Co.ta�i:s:�:, +n, i� {:,�` � �,,• any, sha?1 be deterr.�ine�i by each part;� tu ti�zs.;r_reer.�e::� to_ i:� , �` oc,-n Di_ector. Should a �-aca:tc� ati.�e oz tre i��.rd, �;e aa.rc�� �'�. t�hose c:irectorship becomes �-acaat sna11 appoint a repla�e^c:::: Lo . .� � complete thc: vacated ter^. Tite Poard sha?]. ::ce� .:t lc_�s; a;n1u;11•• 'i�. ,���,, _� to conduct thc busi:�ess ..: ti;c r?ut:�orit}• an:i at :uc:, rt.._= .,.-:es � ' „�"'` �;f as the Soard may direct. A majurity of the Dire.c�ors s;:ali coast:r��c• ',`, �4 h.� x' a quorun, and, exccat ,�s Ot:�ll'1":�^SH �ru��ided i.n *7is a�;r�c•:;e^L. =ae � �', vote o` a r::ajor�ty or r}t� Cuar1 sizall be necessa�v to _,_.._ .,.,:iu:t. 4 ���J • � �,.;, Each ne�ber o= the Baa_d shall be entitled to o^� ��o��. "y"'?° c. Of=`_cers. Ttte 3aard o£ �i:ecto_s r...�. �:�r cia� s;ir.h o�_`i�ers ,s�;, 'wM and e7plovees of the �.uthori_y as i= dee-s necessa_-y �or ttle c�c:,cier.� y�;;: . �� operat_nr. oi t;re .lutiu�rf.tv. . •,:.h of!:'_ccrs ._n:l d:recL-o_s .. .i1 ser•:o � - _ �t"F dC the p1e.7SL'YC OL L'1�, C�Q:ITCI. il'1C OY�I.CCiS :�3V lilClUCjC, :�.+Llt i10� 1 x�= ■ necessaril� bL 1�11�1LV� tu, :n ..::ec:u=i�•e-Dir,ector, Treas;::er, and Sec�c±ar;. Tnc duti.es .,:' �he . .-i:_.:ers ::h:�l.i ':>r. . •_t ior�:; i� the F . Uy-la:•:s oi ;:i�e ;.uthor.i;:.i t:�i i�e tc;_�.ablirhed b.� thc L'oarcl. z • 3. �harin���f Sur.Zlu_1;eve�u_ies and Onerati;l���_�icits ,f.M 5t,rplus revenues, �:� ilcCCrr�inec! by tl�e Bo1rJ of f)irc�_Lors, �hall be snared cryu:llly amon� e'�c ���lrtics hereto. The hon:i5, not^s. and ot}:er obli(;c:Civns o,' the AuCho:•ity shrtlt under nc: �ireumst�inces - . . _t`_ . . ` � � .��,�h:,.� �.,..,,...� _r ,,...: ._._.W. . .M,.� ... __.�.___.._.._._._._...W ` ... � _ " � ,. . . i ; � "� ; ,�. ',:t a. 4� ... .. ... . � .. , . , t� . ���." .. � , � . . . �• ' � x'1C�,1, , w v���;;��. I . w^�Y' i '�„1�=y.�'r� , `�." 9 �`�� � -: M '.",I " • �Y ., � � y �C` }j�'� � �^r'Y� �M'!'r"�' r� ii.u.:a�MV6!:�`r.ti Ho..A. �:J,�wtii !'i..,;�a.4 � ,F+.rY.tC4Q44i£:1.� 4.. � . �,� �r�w�t:�',,.t.L�.... � .. . _ e.:w �� ':.�(Y�`d���1�i:�nd.'ii.�Qlfy!"� r �Y-.�t ^�1 . . . , �,., �"�IY �.'' �� • ' �/� . ��sR i,':. .. ' �Qa Ch� debt�, 1.iabilit•ics, c�r nUliration;; of Yhc pnrtics to Chi.:: �;,,.'._ ::. / ' �i{�i'•� J �Y • • / A�reement. Any party ma�, howe�•er, subject Co an�r li iC;�lion '� Fr..vided by law, contrit�utc rr am• aperatinL, de�ici� c�f the :\uehoric.:. �, Sueh concri.bu�iott shnll hrc��me a �iebt- oE the :\t:thori.tv e:•hi.ch � msst be r�paid :roni zvailablc funJs priur to :ir..• uther expcn.iiCUre. . The ;uthority's o�eratin�; re�-enues sl�sll be :��nlicd in" t:�e :ellt��ain�; , p:iorities: ' (I) cirst t:o pz>> all costs or e>:fei:ses ;ahi,:h hc�re '.�ecr. incurrcd �y ar.y parCy _u Chis :1�t�erser.t ia �urt:ter;:.zce or tt.�� Authority's activiEies, :ind �.nicfi hn4e been app.•.•�•e.i b� che Boa:c: , ror w,:iy7ent. (2) To repay any coci�ri�utions to o��r.stiiz� de;"i:�ts. � � . (3) To pay all other costs or e�pens�s incurred by the . Autherity. � L 4. Contrac:cs 1 r�- � 1 P The �:uthority .�ay nnc cntcr ia�u ��;: con�r�:�_s �•rie?:aat 1 F ; � appro•:al by aII :+arties. � . � �#�� 5. 3onds, tiotes, or 0_hcr 0�1ica::.��s ( � � < . To carry out the ,�L:rrose set =orth here`_^, r�e ?:,��Fo=`_�_t � `� is �u�horized to is���� i,onds, r.u�es. or oc:t��r �:�=if;acin:!c; �,_,?e x= - r, solei_✓ Tro:t tRe 2L':Cau�s ue°��.n� �ro-i ..i:e i1�cCic�a, :;e�:�ii.. ;. s}�stc:°, o: Fc:ci'__ , o: ::.c ......_ .:•�e:. _..�:_�io:..�. . .:r-,ice�, . ..��..... . , ; o= faciliti�s eL �ne E1u�l�ori��.•+�sbjecr :t ��11 ...-:es to _.�.. ., ...�1L11C1':S � • � � 1 17�L0'lA�. Oi �i� :�:IYClC'.i. !tiC ..�...... , --7'.E�=`i.G^.S, 27iC� i�uC:12�9 r,f y . � . .i31C3 DOili1;:, :1�tC::. , :'.tl(� �•.iJI ��:7:� , ..^T:.`i, Ci?i? ?�_�?[JCtt�;Yn: ?'C: .. . , � *_hereta, anrl the rci:�_m4i;�;; the�-��c_, _:,.a'1 ce ceL _':��'�': �.:� t1-•a �, . �: resolution nut�h„ri:::>>}; .:n:�l ����ncl.s. r.a!:c:•, m.• oChcr c�i�'i;•,:u.i.�;�; ;in�l. � . 3 ois nearly a; ma;: ise prac i.<�:ib`e, shc:l.1 }:e s��bst:�nti.nlly cile same _ . z � � -5 . � • (: � �., ....w-..r.+�eas.,.cr..c.-c:-.._�._..'�-_rr..-•••=w�..+rwwwe�s�.".n!�w•^.+.�•r•�+w�.�.�wR.n'r.wr^��� � 3.? . . .. . .. . - ' . . � ,,� � � � . .. � . � ?s' Z . . . � . ... iY . . -� � .. ...- , � � ,Y. .. . . .. . _ .,.�..�:.. .. . . .'� � '� .. � 1 . . �=`1.��,' � . . �. � � ' . -k ' .i T�y�.[ 1 . . " . . ��^ '� � S,�''I.��y�''� . . . l x ��� _."`- T . f�' �,7��'asn4'�V�'_l�}^'���+!!+F'aU���..Y�.'.:�..�R qiv/ -E!; w.. ...� . . .. hZ'��a'� . . . . �. .j�. ..t» t.i+..�-:....,...L'/i��e79!9oa��'SM�4-'ts+*KM:YF�i�u:¢c.1.Aim.r��i.LJSF�`..L1�`y^.��i.i��1:1w�:•" . (l • • ' �fi��l�Y' � r`l t�.� ��-:: : • •,r• , �µ„�S,q,_ : r �j � �� ._ as Cl:o�e pi-nvidecl in P.�rt 4 of Articic 35 of 7'iklc 31, c..r..s. it?�3, �; . se? iei�ig to �aaCCr and sc�.•er revenue bonds; except �haL- Clte purprs�s for wlu.:h the sar,ie m�r Ue i^::t:ed sha11 r.ot Uc so li�aitel, �:•d e���ept Cha= said bonls, notes, and nther UUI:�:iC1015ti ma�• L•e So1ii a� ��,:i�i ic � - and private �alc. Bonds, noc�s, or ��zhcr oU�i�:atiuns is:;�.�c.l un.:c,• _, �y, this para�nraph shall not �onstitutc an indc�c.:diicss oE �.-y ,z.�rt�• , nereto �aithin the meetir.�; uf any constitutivnal az• sta�utcr•, limitatio:i or othe: provi•s`_on. Each bond. note, or OCC@° JQZI�..ti�a � i�sued �n3er chis paragraph sha11 zecite in �ul�st:�ce *_?1:et c�?d bo:�d, note, or other obli;atio:�, i.-:cLuding �he i-�terc.st theree:i. i: IE� • payable solely :rom che re�-er_ues and ott:_r available `u,^,ds c� t�e •i �i �uthori�y aled�ed for the pay�er.t ther���: ':nd that S:i:cl .�i�n4, :1t�C2, ,; ' or other obli�ation daes noc conscit::�c a de�t o: anv p�irC�: lie�•�_� � i � taithi. the �eetiag oi an.,� constitutio�al o: s�atucorc li�,:it2�ioa ��� or pro��ision. Nc�C�r:�hst:�nuir:p, ar.y�h�a;,r, ir. tn:.s para^r:aai� to �'.-�e � � contrlry sucil onnds, noCes, .::�d ot:�er ebli?s]C10114 :,�n:• ha ,...sue�? ( --;`.�A, - , !f- # to mature at si_cli [imes no� bcyc,^d Eo:ty years *.o.� ti:e__ :-esnect:�:e � �,, �� '� issLe dates, st:a11 bear �nteres� at suc!� rates, rzr,:: sh:��i !�e s<>�d �-;�= !{ e;; at, aboce: or beloc•T thc pr:nci?ai a.:�oc:n;: thercoi. :�11 .,_ ss:=:'•_ ij 4f' . r 'i � be detc.-2i.ne:? by the Boarc; o:: Dir�cCors o!: ti�e ,suiiio�•it:. i - '7< b. The resolu:ior., C_-ust indentuze, o:^ utner securit: ;,�.•ce-.r.�:� !? - - under rriti.c'� a.1v bot3cis, ac>_es, or a�ae: obli�-:�ions are ?.s:.ued :hall � . � -� cnns_icu[e n con�_r::ct w;ti_ t.ze i:oicier; t`�ere:;_`, and __ -ur� cn:��ain � Si1L'il '}i1'rVI;,L�:i'.ti �'lS Jii;l�� .)i` ...�:2rC";`11:C!i j)V f_:1� f1C.^_... �C+ fh? . n7�10*�T7...:C ,..^,tS t:�GCS':t:YV '_Ll CO�iI��CCiGtt t•:1C.: C�tC 2bSt.'.:i:?CL• CI:�.'_"CU� �� . r. and to Pr.o„i<la :;ncu:-i.ty, i��r zhe rn;•ment ther�.oi, dncludin:;, �yiCttouC � t i lir�*t�L-i.on, :i.iy mort�;;���,c or r�t:her scr.urzty iRterest in any re,anue:�. � ; . -6- . �.. � ' ;.�,_�.�...�� .. ... .,,�*..�, - - - - ` � � • . - . - � , Y� T� 1 , � J'r , � r . . r� .. � .. � . . . . . . • . . � .�. � � � : . � � � - . � . . .�. . .. - . ti , k . � + . , "��+ � ;. , w:�. �.��'�� • , � ! ':.;". .'� s ' ^ j ; '•. M t �.I . - . '4 t l�f�}� 3`�': �:� � - , �'IT��i>y`y��.'��+ � , ' . f�.•- ..!��.�=+S�'A�r:i�{:.wt��i'.n.-,d J.��Smrc-r"_iz.C:.::-:�:-:d-fiY.':�:T.f".::�i2i!{�"`.wS'SS:y�'�.vG::.:"���dGts'f!�1154�►ti?'J�:N:l.1Si15�.�-., `,. . • �.,x+.�.....w....r.u.`.-�a.... ,'�tVy'. )- , �{h, , �`: . . . ;;�,_;�_:.: �•�,.:�,:. ,. 1 I,q�i;;;,... �'� `�'v:'� _ .. ��f/�' funcl , riglits. nr prupertics of the .4L�thoriL�•. The b.incis, n��ec::. �; 'an othor obligati.ons of Che Authol-it� and the in���rac thc�•cirui:; � shall Uc exempt from t�x:tCirn by Citis Statc, exc.pr inlie-itc:n,•e. esCate, and tra.�[cr ,taxc�. � � • 6. Adc�iti.on or [Jithd:��-•::il o� Parties _ - a. An�� govcrnme:tt:il �ncity r.:ay juin this a\�;roer::r:�:. ru ' such terms ::��d ��ondiEio:zs as ;n,�*y be abreac� upon i�}� all ��t.:i�_' parCies, i:o suc�t enCit;:� '.:i.ay h� zc!ded, hoc•+e�er, t•rithot:T ::a:::i-:.�.is approval of tLe pareies to cnis ::�rcer.:e.it. i ; " � b. �lny party may sa�L'e:dra�� `_u-^. this ;\�;ree::e_tt oa __� :ti•.:r- ' initia�ive upon nine'.�- (90? da}-s ..__�ten not:ce *a . .:. �,;ar.i. � _ � �he bcaefits. ohliga�ions, a::d rig:�t� oi the.;ri=;:c;_-a;:i:�:: _ . _ ! shall be de�ercined in ...ror.'.::mc� c•:ith the nolici.es �c �; <:s�:�::- ' �-� lisl:ec: by tne �aard u�oa COFiS@T:i o: e.�cn o: the .*_-ti�s ..�reto. . �_x `r1115 ?.iiT@CCtC':lC Str111 T@:::.4�'e: '..il ?:ii:i �,l=::C' ?:^.Cl E:.�^C� _.. ....__".Si.":-;�-1 : i _. ,�� any such ::ith:.::•::-:::i!. � ��'�: 7. :cr,.bc:.^,:�:.�� rce. � __._.--•---- _ � . � Upon t'�e ur.ani:�ous enc:se.lt of �11 parties i.ere�c�, vha lioa='�. 3 � !?� of Directors i;: autnorizer. co e,tablisi an r.nn:.i.�_ :::e�:;e:si:'_^ _._. � cr+ . ya to be paiil by each ;�art�• as a cor.c!i*_inr: of conCi,:Z:u�r .....,..__-::^'..�. � , 1'he �a,-aosc o° �uch -:e^:'.>r:-:-�_p _`ee �;1<-:11 he Co pro�r_u� a :.n�:_-re � 3 — 01 npUY�3C?tto caaital LOt Cri! :i:1LhOTlt`:'. !s r. 3. Ter.m a; 7'hi:� :lcarcer.::n� 2 'f:�is Ag.Gc�uent ,?-:al� rc:��c_in in fvll +:�rce ar.d cr�,,c_ un+_ii c; resrin•±c., b•: i:n:tnir,;���:s ;�r�te :�` cne ,a.rd �:nd re�_;fic:�ti^:� u; - L-he rescissioi: L•y all th� ;�:trties. Pailure of ,_ ;.arty �c� .�ct eri � a rc:;rir.si.on •:c�t•e lsr ena l;nni-�! �•:ithin Si.xty (Gp) dzr� nP Che _ recef.pC of, t•rritt.cn n••cicr,� i,� ::uci. parCy ::h��ll. con:;citute � ; rnti i ical inn n� Ch.:� v�,te•. 'ihi5 :lrtrccinenC m:�y 6�. ;amciide:! i�y ; . J . . i . ' ' i � y ��.,�.��.,:.�....;,:,,�.;:,�.w..... ,_.w.v..,.� 4,. ..,., - ,_..: .. � - � . y --- — � � f ,: _ ,: . � i (" .. ... . . � . . iC/ ; � ft� � � . . � . { �9 . . . . . . " � . . . i �`. . . . � . . � ' .a,�:;,;� � �,.�;� ' 1 " ,..,,I j?;,..� �'� � ;� � �: ��„�;� . e. .. r� �. ,+Tt�'y-1°'':G � 't ��' ��g�.��� `�i���,��.�as��,�l.�,,.� �.'.s.;:�:.�:,L�e:.i:.5.-�,�a Tn�'kk�t`�'v��...;isci'r�.�.�:�y..:::�r ti:�r::t,:.an.. � i r' , ' , . .. . .., . . ._.. . _ . .� .�y`i,�lr, . � „� n ��� . . , g,`�`' ., � unanir,iouc �;•,rcu;i�nc of ;11 �hc purLics L-o the . :rcemenL. �-, , Notcaithstanclitig tlte foregving, this Agreemen ,-:a� not t+e rescinded ciuring the term of any tionds, notes, or other � � obli atiu,ls �,f the Authorit unless rovision io =u?: �� S Y. � r ! . payment of such ob1i.�,aCiu;is, bv escroea, or othe�-z:isc. :i:�s ! , been made pursuant to [he Cerms o` such ob'ic;tttzo:s. f . ` i 9. Partics Piav De.:i �•:ith Authoritv � �ac:� plrty to �tzi;, r,sreer;fene r:ay :?c�I �ritii tiie :iu�^��itv ; in tt�e sane manner ns a�y i.ta`_vidual or seo.rata an�i�1- for tne i ! acquisition o•` caa::er, ?o;ce�-, or on any other r::�::�e: _, _ ... _c:� ; , the Authori�y is autnuri::e�: to act, j� 4 I0. 'Cerninatioa of ?'rio:_?.:reem:�t ' . ' "' , ' E�ecu�ion of th?� ��+_-ce::ent shall ooera�e to �.._..._....�e ! i + and replace t'�at Inte-;o�•err.:�enta� <`,�;_ee*ner_t prer•�ou;;i�: �c�::e:-�d ( . � ': into by the ?�r�ics h�_-e_� cre�tiag the Ruec'i =eser:-"i° i..,�er � ' � � Authority. . #� D � ` IN IaIT�.`'.SS'F:'rIEFZLOF *_ne iindersigned se*_ f�rtn cheir ��n3 x�, and seals as .o2lozas: " �.� AZ'T�ST: CITY OP ;s.cnL>� - . G!v � t � � � 7 �2`�s,�.�:,�.��,���.,-GC-I`'- ..�,�� CZer� P!a , City ui :�aen -' -- � i APt'R0�!ED �:S T� :'Oi2:•i: � ` . �. �t `l�—C-rT�����.� . . , i n.. ( E . • i ( • + - � . . . .. . ' � � � � . . .r�was�e�;r.�:w-t,r-,k.«ro�,:_•�w.-.wa;�. »w�,»....-......,..._ �-_.. � .. �";�- . .. . . _ . . � .a . ,. .. _ . . . . � � . � .. � - . .. r . �1i 3 . . �,J' ,� . . ... _ � .. . . . ' . { 1 � �. _ � . .. ' . . . . �, �. ��t r ;'�:�.��. ���.lV,'. � :v:1..,, �:::�°;;;c� � � �+� C.: . ' r-� �3 iy � ��tif��:1 � ,r:;;,,�„�° , , . Y .,._� I ���u"�.�.h�a���''��k����'�'f'Yd.*n�"r.�lr�i�fa yi�.C.�.'s,r,.»,�, ,n,.:r,::u Y o c� fa �•E�i'�'� -f.-c��rysR.,y�3, � -r��^rx.r . �+ . .. �. _ r . :w...��.�.�:L�''.�u.��iL:�,W.��+.:.'�:n..•t:%,.•'::ti'�,.L.��a`4���d"" �1,9��_ (`. . ' �/%� i�n;;''; j �"J // . . . �k .... �' .�Y � � r�T��r:,r: crn�;:•rt or• ri�f:r�� ' �.U�^,�e�'�� -��-ST C/- c.-�� -� ��� _ _ �=-�_ c—I-��-:: --- cr,:,�tn,1.,, };,:ird af Ceunr•: Com„i�sioncrs ;,r'?i:OVED �> 'i0 =0t'.;i: . .. - f -/,/ ,��;.� . . i . l�`�2���...���.�'�.� - __. . � •GUU[1C:: ..�ip;':7Ct• . . . j � � �:T1Fsr: To:�;; or a_�s:ai: ' / � CZ�� h�. �o,c.� • ` _1\ ,a �- - _— � ' �Te:'',: '� :ia::or, �-n o� oas;« � ���ro�;F� ,>� �o r-o,z:: � � � i " 1��:-, ::�����:�� - � a .1T'i''.:53'. TO'..\ Ot� S:•:Ji�•c�3~>I'L:,�;.. ___._,.. C : . ; �. #' �� i.'%�_; ( � ��:2i. ^ �� ���,�— . 1 `�.._.+ � �^-�L � ' x�- � �! `_---. � �e:i: — �la)�or, 'iut•:ii�ct b`.{a�•:.ra��--. _fl.�_,r _ i ,: � ' +.'• � �= rITT;•.�i: CZTY OP GLI�:�cGnD Spp•-_;�;�, � .r l_ �c_l1��� �.. � .. ? ./ -•- 4 'S�4 ��, !•'V %i'�f. ' �. 1!. k _ Finance Director -"`•ayor. C_*_;r - �.__..._�--- -- — — � � i1P?i 0�'Eb AS TO FOR?i: { # `�1.�cca.���_�-��—� . � - (;i�y t•tanu,r,r �'• -���� , � r. ictorr.c�--�—• �-- . . • . 1 _q_ � � � . . ..-.�c�t�w+�.,�,..�.�,,.�..-,.� . ...�,..�..««�«....�...�r..-.,:�,._ �,.:.�u..H...-.. . .—l-I � . ' . � . • . . � � -;� � ����� . - .- . Y� . � � � � µ . . ... . �� � .;�.. * . - . . . I. - . . . . 1 ' 4 ' .. . . . . � . . . . � .. , � � . .. ''w - . � � ... � . � ��s�,�.�. � . �\. F��: :.�: � . I" .�.t:��,::�'.J . ' . �� ,.+� .. . . . ) F� � . ��` �"�`�fi� � ,;�;w�; r� . _ . ... :�. . ,���:����r,���,��;��.�,�,�,�:�:�;�k����� ������,�,��;�°�ti���- �� ' ' "___._. - . -.__... _� _-e_...,-1,_ �..�. � Y�1,�� . .. r -�S ° ��� . . . . .. . . "i'{3.'�i. - hM I - i���� , �7��•r•.5•r: '�oti:�� or• ci,r.co;;�:,Li. . , �J ../L: � '�'.����,�k<2�. ,1 ..�;_' �"'�'y=c-� � . . � ..._'.� :1r� , 1'c,•'o aL (� �r ond;��� (; er t�PPROI�ED AS TO PORt•L• _- i � ;• �. �. � ��/: �� � � � �!- L/�;; . ..� � . To�•m c?.iza�ey • j 1�� __._ ( I , c . � _ C[or�ey . . ! ti . I � j �� ,. ,: � �� . � - , � -- � - E ' t . � _Y-. . . � . �' . � � . : � • . i � . A .. . . . � . . ' . " . . � . � ` � . r - � �.'� � . ..... ,y� �, 4 � � _ . � _ . . � .. . � . . F - 3, .. ' ,. . - � � ... . . ���� . . - - . . � � � �'� i , §�_ . . . � - . . � . .. ' �a L��M . . � . . . ti Y��� .. - � � � � . � Y.� ,� �,'S5` T:t"' . . . . � . � an'?,. � � . - � . -.. , � , 1 4.. . � �%?�y�,' � � � . _' ''.:s��.;�,�� --. ."j:i-:ip, .