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2002-09-25 CC Packet
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2002-09-25 CC Packet
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<br />s'p"is-az 04:11pm From-Anek. County Attorn,y <br /> <br />+T61412rm <br /> <br />T-rrs P,GGS/OII F-41S <br /> <br />. <br /> <br />for the cooperation and respective duties of the County and the Cities in funding and <br /> <br /> <br />maintaining the Project. The 1999 Joint Powers Agreement also dealt with specific costs <br /> <br /> <br />associated with performing puts of the Project The JLEe is hereby directed to use the <br /> <br /> <br />unexpended proceeds of the Series 1999A Notes in a manner consistent with the general <br /> <br /> <br />goals of the Project. The unexpended proceeds of me Series 1999A Notes may be expended. <br /> <br /> <br />consistently with Minnesota Statutes, SCl:tion 373,01, subdivision 3, as amended, at the <br /> <br /> <br />direction of the JLEe, in consultation with bond counsel for the County, so as to not affect <br /> <br /> <br />the ta;x-exempt status of the Series 1999A Notes. <br /> <br /> <br />11. DISBURSEMENT OF HINDS AND PROPERTY <br /> <br /> <br />All funds disbursed by any party pursuant to this Agreement shall be disbursed <br /> <br /> <br />pursuant to the method provided by law for counties and the Division Manager of Anoka <br /> <br /> <br />County Finance & Central Services shall be the fiscal agent. Upon termination, all <br /> <br /> <br />infrastructure shall be the property of the County and all radios shall be the property of me <br /> <br /> <br />governmental units receiving the radios. AIry funds held by the County as the result of <br /> <br /> <br />contributions under Paragraph 8 shall be rettUncd to the party contributing the funds. <br /> <br /> <br />12. STRICT ACCOUNTABlLlTY <br /> <br /> <br />A strict accounting shall be made of a.1J funds and report of all receipts and <br /> <br /> <br />disbW'sements shall be made upon request by any party. <br /> <br />-6- <br /> <br />. <br />
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