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calculation above. <br /> B. The COUNTY shall invoice each CITY for its annual share of each <br /> approved budget by November 30 of each budget year. Each CITY shall pay <br /> their deposit (s) within 45 calendar days of the billing date or within <br /> 45 calendar days of November 30, whichever is later. Each CITY'S <br /> deposit(s) shall be based on their prorated share(a) of the approved <br /> budget(s) , reduced for any carry forward amount identified in the prior <br /> budget year-end accounting, <br /> 9. The COUNTY shall hold each CITY' s annual share of each approved budget <br /> in interest-bearing accounts and credit interest earned on each CITY's <br /> annual share against each CITY's share of the approved budget costs. <br /> The COUNTY shall maintain records regarding interest earned and credited <br /> on each CITY's annual share and provide the same to the CITIES within <br /> 120 calendar days of the end of the budget year. <br /> 1C.Upon termination of this AGREEMENT, a final accounting shall be <br /> performed by the COUNTY and presented to the PERMITTEES for review. If <br /> the sum of the deposits exceeds the costs, the COUNTY shall reimburse <br /> to each CITY its prorated share of the excess, within 120 calendar days <br /> of the final accounting. <br /> VI. LIFE OF THE AGREEMENT <br /> The term of this AGREEMENT shall be indefinite, unless amended or <br /> terminated in accordance with this AGREEMENT. <br /> VII. ADDITIONAL PARTIES <br /> Any CITY which becomes incorporated after the effective date of this <br /> AGREEMENT, or requests to become a party to this AGREEMENT after <br /> previously withdrawing pursuant to Section VIII, shall be eligible to <br /> become a party to this AGREEMENT, subject to Majority Approval. In <br /> approving adding additional cities to this AGREEMENT, the PERMITTEES may <br /> 14 <br />