Laserfiche WebLink
<br />F. Cost Basis For Next Year's Adiustment. The total annual <br /> <br />adjustment, with the applicable cap set forth herein, shall constitute the basis for next <br /> <br />year's annual adjustment. <br /> <br />G. Expiration of Cap. Notwithstanding any other provision of this <br /> <br />Agreement, the Board of Directors, by two-thirds vote of all Directors, may adopt a new <br /> <br />cost calculation methodology and/or a new cap for cash contract Cities, and/or a <br /> <br />different membership term for all members, pursuant to Article VI!., Section 1. 8., to be <br /> <br />operative July 1, of the first year of the next succeeding term. Any such changes must <br /> <br />be adopted by board action no later than July 1, of the last year of the then current term. <br /> <br />H. New Resources To Cash Contract Cities. Notwithstanding the <br /> <br />foregoing provisions, whenever new resources are committed to a cash contract City, <br /> <br />the member shall pay the incremental company cost for such resources. The additional <br /> <br />resources and increased cost shall not be implemented without consent of the member. <br /> <br />I. John Wayne Airport. Service levels and charges therefore for <br /> <br />aircraft rescue firefighting services to John Wayne Airport shall be agreed upon by the <br /> <br />Authority and the member having fire service jurisdiction. <br /> <br />J. Termination. Failure by any member to make payments when due <br /> <br />constitutes grounds for expulsion from the Authority. Prior to expulsion. the Authority <br /> <br />4509-08 <br />110179 v3 <br />9/27/99 <br /> <br />21 <br />