4.6. SR 05-20-2013 - Laserfiche WebLink

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} Nothing contained in this Agency Agreement or in the Bylaws shall be construed to prohibit any Member from W executing one or more other agency agreements with other cities for the purpose of forming other Agencies under the Act Or ( ii ) exercising the powers of an Agency as provided in Minnesota Statutes , Section 453 . 58 . Nothing con ru d to prohibit the YMunicipal n power Agency Bylaws. shall be cans P from oining an organization or association composed of other Agencies created pursuant to the Act . Any Member which has either defaulted under arises act wiih the Municipal Power Agency ar failed to pay elled from the accordance with Section ( an annual, orayspeci 1 pmeeting of the Municipal Power Agency at Representatives by the affirmative vote of (a) a majority Of all Representatives ( including embe }theeachr cas t ng v one Representatives a of the defaulting M majority of t cast by such Representa"fives , in he fatal votes accordance with the weihtd voLThe expulsianevfrabMemberSfroma�he 9 (C ) of this Agency Agreement. Municipal Power Agency shall not affect any obligations under any contract between the expelled Member and the Municipal poWeL Agency nor its ❑bligation Lo pay any moneys previously assessed against such expelled Member . (B ) Matters Requiring Members ' Avordval . Na ahEi Municipal of the fallowing matters shaJ.l. be underraken by Power Agency except pursuant to cresol_ u��_ adopted b the Bohm of Di ect and a ved b the Re resentarives , provided such approval of the Representatives may be given by a resolution adopted by the Representatives which is general in scope and continuous in nature and a delegate to the Board of Directors Or the power to take an and all action reasanabl necessary c3es�ra e t e of t e resolution: ( 1 ) The issuance of bonds or notes of the Municipal Power Agency . ( 2) The execution by the Municipal PvwEr Agency o any contrac" payable primarily from assessments , when such con-racL by its terms will nor expir= prior to the end of the Fiscal Year in which it is executed . ( 3 ) The incurrence by the municipal Power Agency of any financial obligation in excess ofthat which is budgeted for the Fiscal Year in which it is incurred . ( 4 ) The adoption and amendment of an annual operating budget , if such budget requires the assessment Of expenses to Members , as provided in Section 9 ( 1 ) of --his Agency Agreemenr.. ( 5 ) The ad .ission or expulsion of Members , as provided in Section 9 ( A) of this Agency Agreement.ent.