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<br />SECTION XII <br />WITHDRAWAL <br /> <br />12.1 Notice. Member cities may withdraw from this Agreement only in accordance with this <br />section. Notice to withdraw may only be given during the month of October, in odd numbered <br />years, beginning with October of2021'i..~~.~h.J:?ot!s:.e.~hctl}J?r~\,i~~.a.~~J:?.i.~!-!~<?f~J?..~.U)X~ct~'.s__ <br />notice to the remaining cities ofthe intent to withdraw. Such withdrawal would be effective <br />December 31 st on the year following notice. <br /> <br />12.2 Withdrawal Payment. After a city gives notice, it shall have a maximum of six (6) months <br />from the date of notice to pay the following withdrawal payment. <br /> <br />1. 50% of estimated unemployment cost for the number of officers for that city as <br />calculated by the budget formula as outlined in Section VIII.. The number of officers <br />shall be multiplied times the weekly maximum unemployment amount times 26 <br />weeks. <br /> <br />2. 50% of the cost of accrued sick leave and vacation for the number of officers as <br />determined by the budget formula as outlined in Section VIII. Such accrual shall be <br />as of January 1 st in the year the city is withdrawing and shall be based on the officers <br />with the least seniority. <br /> <br />Such payment will be distributed to the remaining Cities based on their percentage share of the <br />current Department budget contributions. In addition, the withdrawing city shall be responsible <br />for payment of the remaining one (I) year of contributions and shall be a full participant in the <br />operation ofthe Department until its withdrawal is effective. <br /> <br />12.3 Refund of Payment. During the six (6) month period following its notice to withdraw, a <br />city may abandon its withdrawal. In that event the payment made to the remaining cities will be <br />refunded. <br /> <br />After the six (6) month period, there shall be no refund ofthe payment made. <br /> <br />12.4 Ownership of Equipment. All contributions for equipment by the withdrawing city shall be <br />lost, and remain the property ofthe Department. <br /> <br />17.5 Ownership of Land and Police Headquarters Building. The total contribution of the <br />withdrawing city for buiIdin2: lease payments will be computed in comparison to the total <br />buildin2: lease payments. Such withdrmving city shall be entitled to the payment percentage <br />times the appraised value of the building and land. The remaining cities will nay the <br />withdrawing city(s) the deternlined value in equal payments over a five-year period. or make <br />mlltualh agreed upon pavmen~: The Police Governing Board shall select the appraiser to <br />determine the buildings valUe~_ <br /> <br />- 10. <br /> <br />.:j ~~44 <br /> <br />. [ Deleted: 2003 <br />