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<br />. <br /> <br />. <br /> <br />. <br /> <br />9. Financial Contribution. <br />9.1 An initial contribution will be established as determined by the Board. <br />9.2 The members shall contribute to the Joint Powers Board as required by the <br />Board based upon hourly equipment usage derived from internal hour meters. <br />10. Eauipment. <br />10.1 The initial equipment to be purchased by the Board is a brush grinder\chipper <br />and skid steer loader with a grapple bucket. <br />~~ny member City may opt not to participate with respect to a particular piece <br />of equipment and shall notify the Board, in writing, before a decision is made <br />by the Board to acquire the equipment, that it does not wish to participate <br />with respect to that equipment. In the event that a City exercises such option, <br />its representative shall not be permitted to vote with respect to that item and <br />it shall have no right to use that item of equipment. The City further shall <br />have no financial obligation with respect to that piece of equipment. If the <br />City, having opted not to participate with respect to a piece of equipment later <br />opts to participate, it may do so upon such terms as the Board deems <br />reasonable, both with respect to finances and otherwise. <br />11. Additional Members. <br />11.1 Other political subdivisions may become party to this agreement on approval <br />of a majority of the Board entitled to vote. The new member shall agree to be <br />bound by the terms and conditions of this agreement and any amendments to <br />this agreement as of the date the new member becomes a member. <br />11.2 Additional members shall not be entitled to appoint a Director to the Board, <br />but shall have all other rights and privileges of membership. <br />11.3 The Board may require additional members to pay a fee deemed appropriate <br />by the Board. Said fee shall take into consideration the expenditures of the <br />Board to the date of admission of the new member together with such other <br />factors relating to the financial condition of the Joint Powers Board as the <br />Directors deem reasonable. The Board may allow this fee to be paid over one <br />or more years. <br />