CCP 03-20-2006 - Laserfiche WebLink

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ARTICLE XII: DISSOLUTION Section 1. The Coalition may be dissolved by a two-thirds vote of its members in good standing. Dissolution is mandatory when the Secretary-Treasurer has received certified copies of resolutions adopted by the governing bodies of the required number of members requesting dissolution of the Coalition. Section 2. In the event of dissolution, the board must determine the measures necessary to perfect the dissolution and must provide for the taking of such measures as promptly as circumstances permit, subject to the provisions of this agreement and law. Section 3. In the event of dissolution, following the payment of all outstanding obligations, assets of the Coalition will be distributed among the then existing members in direct proportion to their cumulative annual membership contributions. If those obligations exceed the assets of the Coalition, the net deficit of the Coalition will be charged to and paid by the then existing members in direct proportion to the operational cost formula set forth in Article VIII herein. Further, members who have been permitted to join the Coalition by way of in-kind or other membership fee consideration shall not participate in the distribution of Coalition assets. . ARTICLE XIII: EFFECTIVE DATE: DURATION . Section 1. This Agreement shall become effective upon filing with the City or County Clerk of the City or County of , a copy of resolutions authorizing its execution, and an executed copy hereof of all of the current members in good standing as of the date of this Amendment. In the event fewer than all of said initial members approve and execute this Agreement, this Agreement may become effective upon filing with said City Clerk, a copy of resolutions of all cities desiring to become members of the organization consenting to the creation of the Coalition as contemplated by this Amendment notwithstanding the failure to participate by specified members. ARTICLE XIV: PERODIC EVALUATION The Coalition will periodically evaluate its success against stated goals and its annual workplan to determine whether the Coalition should continue as a operating entity. 7 .