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 (i ) executing one or more other agency agreements with other cities for the purpose of forming other Agencies under the Act or ( ii ) exercising the pow€,rs of an Agency as provided in Minnesota Statutes , Section 453 . 58 . Nothing contained in this Agency Agreement or in the Bylaws shall be construed to prohibit the Municipal Dower Agency from joining an organization or association composed of other Agencies created pursuant to the Act . Any Member which has either defaulted under a contract with the Municipal power Agency ax failed to pay its assessments in accordance with Section 9 (I ) hereof, may be expelled from the. Municipal power Agency at an annual or special meeting of the Representatives by the affirmative vote of (a ) a majority of all ftepresentat.ives ( including the Representative or Representatives of the defaulting Member) , each casting one vote , and ( b) a majority of the total, votes cast by such Representatives, ire accordance with the weighted voting formula described in Section 9 (C) of this Agency Agreement . The expulsion of a Member from the Municipal Power Agency shall not affect any obligations under any contract between the expelled member and the Municipal power Agency rDr its obligation tv pay any moneys previously assessed against such expelled NMemb?r . (g ) Matters Re ofrin Members ' A rnVa3 . No action on any of the following matters shall be undertaken by the Municipal power Agency except pursuant to d resolution adopted by the Board of Directors and approved by the Representatives, provided that such approval of thO Representatives may be given by a resolution adopted by the Representatives which is general in scope and continuous in nature and may delegate to the board of directors the power to take: any and all action reasonably necessary or desirable to accomplish the purpose of the Tesolution: (1 ) The issuance of bonds or notes of the Municipal Power Agency . (2) The execution by the Municipal Power Agency of any contract payable primarily from assessments, when such contract by its terms will not expire 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 of that which is budgeted for the Fiscal Year in which it is incurred . ( 4) The adoption and amendment of an annual operating budget , �-�-at�ak- ��- -raq�iras- --a�aesatraent- �~ expen3e�---� X ambews, as provided in Section 9 ( r) of this ]agency Agreement. Oft ( 5 ) The admission or expulsion of Members , as provided in section 9 ( A) of this Agency Agreement, MMPA-00453