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(unless paid in advance) to the Treasurer /Controller of the ILJAOC. The <br />Treasurer /Controller shall provide a written quarterly account to the Board of all <br />revenues and expenses of the ILJAOC services to other public agencies. <br />4.10 The ILJAOC budget shall include the provision for a Capital <br />Replacement fund that will provide for, among other things, the replacement of <br />the equipment owned and operated by the ILJAOC. The ILJAOC Board annually <br />shall recommend to the Member Agencies amounts needed for Capital <br />Replacement. The amount of the provision for Capital Replacement in each <br />ILJAOC annual budget will depend on the amounts appropriated by the Member <br />Agencies for such purposes during each fiscal year. Said funds shall be <br />transferred to the ILJAOC monthly by the Member Agencies for deposit in the <br />ILJAOC's Capital Replacement fund. The actual purchase of new equipment <br />and disposal of unneeded equipment shall be done whenever determined <br />appropriate and justified by the Board. <br />4.11 All revenues derived from service contracts with other public <br />agencies shall be maintained in a separate revenue account for the ILJAOC. <br />The Treasurer /Controller shall be responsible for accounting for all such revenue. <br />The Board shall be responsible for determining the appropriate allocation of such <br />funds as part of the budget adoption process. <br />11 <br />5.01 Except as provided in Section 8.05 of this Agreement, the ILJAOC <br />and the Member Agencies agree, to the extent allowed by law, that the Member <br />Agencies shall be fully protected from any loss, injury, liability, damage, claim, <br />lawsuit, cost, or expense arising out of, or in any way related to, the performance <br />of this Agreement by the ILJAOC. Accordingly, the provisions of this Agreement <br />should be broadly construed in favor of protection for the Member Agencies and <br />interpreted to provide the fullest possible protection to the Member Agencies and <br />1s <br />25F -17 <br />