Laserfiche WebLink
! <br /> <br />4 <br /> <br />§ <br /> <br />6 <br />7 <br />$ <br />9 <br />10 <br />11 <br />12 <br />15 <br />14 <br /> <br />18 <br />~0, <br /> <br />hundred and twenty (120) days prior to the end of the operating year. <br />The SYSTEM shall continue to exist so long as there are two member <br />libraries, provided that these two meet the requirements of SYSTEM <br />membership. Libraries which withdraw are subject to such rules and <br />regulations governing withdrawal as the System Council shall before- <br />hand have established. <br /> <br /> 11. TERMINATION OF SYSTEM. This library system may be terminated <br />at any time by resolutions of the governing boards of all of the members <br />in this SYSTEM at the time termination is voted. A decision to <br />terminate shall become effective whenever designated in the termination <br />agreement. Upon termination, all just claims against the SYSTEM <br />shall be paid, distribution made to the State and Federal governments <br />as required by applicable law, and the remaining assets distributed <br />among all parties who are then members of the SYSTEM in proportion <br />to the population of each member in relation to the total population <br />in the SYSTEM. <br /> <br /> 12. FISCAL AND OPERATING YEAR. The fiscal year and the operating <br />year of the SYSTEM shall be the same, and shall commence July 1st of <br />each year. <br /> <br /> 13. DEBTS. That no debt, liability or obl/&ation of the <br />Santiago Library System shall constitute any debt, liability or <br />obligation of any party to this Agreement. <br /> <br /> 14, AMEND~NT. This Agreement may only be amended by the action <br />of all the respective governing bodies constituting this System. <br /> <br /> 15. EFFECTIVE DATE. The effective date of this Agreement wi~h <br />amendments is September 15, 1969. <br /> <br />-5- <br /> <br /> <br />