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<br />------------ ~-1 <br />Failure to pay a billing within 120 days is grounds for termination of membership, but North Metro I <br /> .. <br />I-35W Corridor Coalition's rights to the billing are not affected by termination of membership, <br />ARTICLE X. ADMINISTRATOR I <br />Section 1. The North Metro I-35W Corridor Coalition may appoint an administrator, The I <br />administrator may be employed on a full-time, part-time or consulting basis. <br />Section 2, The administrator, if appointed, has only those powers and duties delegated by I <br />the board. The administrator reports to and is responsible to the board, <br /> I <br />ARTICLE XI. WITHDRAW AL I <br />Section 1. A member may withdraw from the North Metro I-35W Corridor Coalition no I <br />later than October 10th in any year, The notice shall be accompanied by a certified copy of a <br />resolution adopted by the governing body of that member authorizing its withdrawal from eI <br />membership, The withdrawal is effective at the end of the calendar year in which notice is given, <br />Section 2, The withdrawal of a member does not affect that member's obligation to pay I <br />fees, charges or contractual charges for which it is obligated under this agreement. <br />ARTICLE XII. DISSOLUTION I <br /> I <br />Section 1. The North Metro 1-35 Corridor Coalition may be dissolved by a two-thirds vote <br />of its members in good standing, Dissolution is mandatory when the Secretary-Treasurer has I <br />received certified copies of resolutions adopted by the governing bodies of the required nwnber of <br />members requesting dissolution of the North Metro I-35W Corridor Coalition, I <br />Section 2, In the event of a dissolution, the board must determine the measures necessary I <br />to effect the dissolution and must provide for the taking of such measures as promptly as <br />circwnstances permit, subject to the provisions of this agreement and law, I <br />Section 3, In the event of dissolution, following the payment of all outstanding obligations, <br />assets of the North Metro I-35W Corridor Coalition will be distributed among the then existing .. <br />tJ:\1-35W\CORPORA TIJ-POWER.DOC 8 I <br />