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dese-fibed under- this joii# Agr-eefnent, may be t-r-ansfeffed by the jDA to the Par-ties as pro <br /> hereafter- in Seetion 3.8. However-, suTltts ay r-emain in the eontr_-ol of the <br /> jA,unexpended revenues in excess of the approved budget may remain deposited in JDA <br /> accounts and reported annually in the subsequent year's budget submission. <br /> 2.3.6. Interfund Loans. Notwithstanding the prohibition against independent <br /> borrowing, the JDA may borrow money from the Parties in the form of interfund loans to the <br /> extent that such loans are not made from dedicated funds or from funds or monies otherwise <br /> encumbered, subject to the mutual consent and approval of the Parties, and subject to the terms <br /> and conditions of repayment agreed to by the Parties. <br /> 2.3.7. Personnel. Unless otherwise approved by the Parties, the staff of the JDA <br /> shall be the City Administrator and the County Manager, or their designees. Each Party may <br /> also designate additional staffing as it deems appropriate or as requested by the JDA. The JDA <br /> may hire consultants including independent legal• engineering, planning and development <br /> consultants to assist in the development of the TCAAP Master Plan and amendments and <br /> revisions thereto, preparation of financing plans, marketing plans, developer proposals, the <br /> marketing and sale of Development Sites pursuant to the RFP process described in Section 3.2.4, <br /> and other matters which address growth and development on the TCAAP Site. <br /> 2.3.8. Reports. The JDA shall prepare an annual report at the end of each <br /> calendar/fiscal year and submit such report to the Parties not later than February 15 of the <br /> succeeding calendar/fiscal year. The JDA shall also prepare and present to federal and state <br /> officials such reports and audits as may be required by law, regulation, or contract. <br /> 2.3.9. Public Process. The JDA shall develop-extensive mechanisms for public <br /> involvement in any planning or review process, including the preparation and approval of the <br /> TCAAP Master Plan and approval of development agreements. All public meetings and <br /> hearings shall be conducted as required by law. The JDA shall take into consideration the <br /> concerns, issues and desires of each Party's governing body in on-going planning initiatives, <br /> discussions and process. <br /> 2.3.10. Other Authority. The JDA shall have such other authority under the <br /> general laws of Minnesota to carry out its purposes unless otherwise determined by the Parties. <br /> Where deemed by the Parties to be more convenient, the authority of the JDA may be exercised <br /> by the more appropriate Party. <br /> 2.3.11. Dispute Resolution. The Parties shall use good faith to attempt to resolve <br /> any dispute. Upon agreement, the Parties may also use any available dispute resolution process. <br /> 10 <br />