2001-01-10 CC - Laserfiche WebLink

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, ' , , CENTENNIAL FIRE DISTRICT JOINT POWERS AGREEMENT Each municipality will then have the above-specific dollars available to use towards the purchase of capital equipment and other equipment of the District for that municipality's individual use, or, if a number of municipalities wish to continue the District, they may recontribute the purchased equipment to the District. Each municipality will have the option to retain personal equipment that is located at the station(s) within its boundaries and valued at less than $500 for each piece. Such retained equipment will be charged against that municipalities allocated funds as outlined above. (d) To determine the order in which each municipality will proceed to use its allocated dollars to purchase equipment, there will be a coin toss an appropriate number of times to determine the full order of picks. After the order has been determined, the first picking member municipality will begin the process using its dollar amount, as determined above, to purchase the piece of equipment of personal property that it desires. That process will continue until all member municipalities have had their first pick for the equipment they desire. Then the member municipality that picked first, in the first round, will pick last in the second round, and the second municipality in the first round will pick first in the second round, etc. The municipalities will continue picking in that order alternating until the number of rounds necessary to achieve the distribution of all equipment has occurred; or until all member municipalities pass on the remaining equipment. Any municipality that has withdrawn will not participate in the above-indicated selection process to determine" order of pick". They will be last in the first round. Thereafter, picks shall alternated in the manner outlined above. (e) In the event that there is equipment that all municipalities have passed on, it will be sold and the proceeds will be distributed based on the dollar value that each municipality had when all municipalities passed on the remaining equipment. (f) Each member municipality has the ability to exceed the dollars available on the purchase of one piece of capital equipment or other equipment of the District. In the event the municipality exceeds its available dollars, the municipality hereby agrees to reimburse the other member municipalities within a one year period. That reimbursement will be distributed based on the dollars remaining unspent by the member municipalities. SECTION XIV COUNTERPARTS 14. 1 This agreement may be executed in several counterparts and all so executed shall constitute one agreement, binding on all of the parties hereto notwithstanding that all of the parties are not satisfactory to the original or the same counterpart. Page # 12