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The 111oir*irable IWgL,u IFIu[ido
<br />August3,2012
<br />Page 5 of B
<br />propeWs Win Its bawkadew McMng of the CMD at til,'fls tir-ra, andlor Irefr.wsing to
<br />cflirec',t thie Couiriibj to CoHect ti..'r . a.ssessrnents for each fiscal year n lu., idirlig the Ipandq ng
<br />agmerneint, would to irroch they contiract'that Ibinds the Clityp ongiolrlg Manalgernent of
<br />the D�IsUrIct,
<br />"The abUgations of the Up to Diawintowin IrIcoirpo,riatlacl ire cNil Pi --tie icontracl
<br />approved �a,nd antered Wo by the Gity oir'�l Jill,,ine R 2009, expiressly I:)irovidies lLl
<br />cantall vWH be in effect l E)ecokirnt)er 31, 2014 and thila City �does not Ilnrave the plower
<br />fc.:terrniirr;bxtp thie ic;onitraicl pdor to Ms expkaHon at:�seiil a clefauft by Diovvint'DWI
<br />Incoirporated." I hie- GRy is jmpmssly ot�liigatied unider Chip
<br />contracl tc:) cori�finillje
<br />assessirn& ntgs and to ["iavr.�.,tha Couirily l the assessirnients ann ,jQ2 Tie contract
<br />pirc>O:sioins are urneqill.,iivocall c..)n ffits obija5lon. The oonkacL as signed Ivy the cdy:�
<br />staties, '11he CFFY shoU submill to the Counji of Orange saah year an annull
<br />assessirniant rc)H -for the DISTRICT and WH d'llst.:rlunrru IIhr Ns rRICT assessTril8lint
<br />revenues recAved frorn tho Gcwirtj of (Yrarige to the,/.!kS,S()C1A 1'110hl in accordanice 'Mth"l
<br />SeUNPU heirilW [Emphasis a6led,'i rho use of War is a ivandakwy tamn under the
<br />Naw rp pted pairty, The, City
<br />,coginiziinig that there ls ino id�isiciriotloir� or�thia pairtof the
<br />rnust dirlect thie Cil tio l the assessments cm be in biroalcIr of the
<br />Ff-ilerefore-, ti,lie Gity has a dear Ilsgaf WHga6an to W faul proceed dirpicfir'ag
<br />Me CRunty to oElect ffie assielssrnil reiqll.jirlad mariner fl"ie C�M[)�`13
<br />9
<br />The respons��ble cholce by We Gity(.-.eoijnc,,��V as thin plohcy and oveirs�gr-it body of the
<br />(3ily Is to rinept the Gity's obHgations uncler the cmin'tract v,4ffi Dowintowir'!� lincarplaratiad and
<br />continue the assessments wINn We (�,WD,, (�,ounci�l rneimbeirs I ove a fiduckiry
<br />obhgallon Ikea the Gityas a w:f'�cde to ovemee Me Imsiness of, tt-ja City F:::roirn a p.,jr6ly rlksk
<br />irriainagill stiandpoink, this dsk In to GRy is far gymater both quWdW&ej and
<br />cluantitative[y in vi6labng city's Goilitract with Dowiritown Illricorpariateid EIS C!'0FT1lR'a(pd
<br />tio dIssic)Mng thip CNAD,
<br />Phloire Is nc) crad'ible Jeloal basis for the rniniorIty ldissenkers Witt-fln Hilo CUD to suic thee: aveir the cire,F,'ifioin of the CNID or the levylig of Me assessment, As discussad
<br />a'bove, t1hp GMD was IleumaHy estat.:Aishcd,. N:c)rie of the qL,wsfions raisill tq the (.".�iraind
<br />JUP/ or airiy of the rrainoirity 6ssenters haw) any basis in facloir law I hus there lis no
<br />qlt,mfltative risk to thie City 411 ctn'c:uo�'iing to col,1[filliiije witl"n the CMD at this fimie.
<br />C,ontracAll [3r1,ga I Sieictk)iri q 2
<br />Ccrii(racl,, R�ige
<br />r),O)ain tm 11 l:1, lk� ION porated milas not ��ii ivcflviad �n Ohio actimfll foilirrlat4rii crf thia Uvl[). 'T'he Chlmk im adW
<br />toMnnMeGMa "No CMD Is is Wing soace Mw aownmwn knixmvemoM pmWrns md own% W
<br />�!,iiey aire irciaro.gle(j Ib'y [)io%viritowni III!cirnpcx,ated
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