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DRAFT - 3/6~97 <br /> <br />VII, Section 2 and Article VIII, Sections 1 and 2 may be amended only by <br />unanimous agreement of the parties. <br /> <br />Section 2: Records, Accounts and Reports. <br /> <br /> The Authority shall establish and maintain such funds and accounts as may <br />be required by good accounting practices. The books and records of the Authority <br />shall be subject to the provisions of Minn. Stat. Chapter 13, the Minnesota <br />Government Data Practices Act, and Minn. Stat. § 16B.04. The Authority, within <br />one hundred and twenty (1 20) days after the close of each fiscal year, which shall <br />be January 1 to December 31, shall give a complete written report of all financial <br />activities for such fiscal year to the parties. <br /> <br />Section 3: C~unterDarts. <br /> <br />This Agreement may be executed in two or more counterparts, each of <br />which shall be deemed an original, but all of which shall constitute one and the <br /> <br />same instrument. <br /> <br />Section 4: Severability. <br /> <br /> The provisions of this Agreement are severable. If any paragraph, section, <br />subdivision, sentence, clause, or phrase of the Agreement is for any reason held to <br />be contrary to law, or contrary to any rule or regulation having the force and effect <br />of law, such decision shall not affect the remaining portions of this Agreement. <br /> <br />Section 5: Alternative Dispute Resolution. <br /> <br /> In the event of a dispute arising under this Agreement, the parties and the <br />Authority agree to attempt to resolve their dispute by following the process <br />described below: <br /> <br />A. A party shall provide written notice to the Authority describing perceived <br /> conflict, positions and underlying reasons. <br /> <br />]2 <br /> <br /> <br />