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Section 7. The Commission may appoint sttch othe officers as a deans neoassary. <br />• All such officers shall be appoimal from the membership of the Commission. <br />X. FINANCIAL MATTERS <br />Section 1. The fiscal year of the Commission shall be the celettdar yer. <br />Section 2. Commission fttnds may be expended by the Commission in atx;atdance <br />with tfre procedures established by law for the expenditure of funds by Minnesota Stadttory <br />Cities. Orders, dicks and dratb must be signed by any two of the offices. Other kaaF <br />instnunents shall be executed whit authority of the Commission, by the dour and assurer. <br />Contracts shall be let and purcha.9es made in accordance with the proeedttres establisltod by few <br />for Minnesota Statutory Cities. <br />Section 3. The financial conaibtttion of the Members fn support of the Corrmtission <br />shall be in direct proportion to the percem of annual franchise fee revenues end other smart <br />oauar: ~r <br />p>Eyments atyibutable to Bach Member. relative to the total annual franchise fee_revemtes,gaQ ,.~~~ <br />t oatarat orme srrwe <br />other suooolLp;u7nents attributable to all Members in j,~g Commission for the prior year ,-' <br />• multiplied by the Commisaiat's annual budget. the annual budges shall establish the <br />contribution of each Member for the ensuing year. The Commission is hereby designated as the <br />entity to whom the Member's Franchise Fee and othcr Support Ra}ments (such as PEG Foes) <br />.~ O~hlnk aK _: <br />shall be paid by fsraMeeg. ,Aay p,~rrt~enu rece~„ived inm txcess of the Commission budget shall tie ,_::.. tMaeam r~~s,.. r- ..o.amae <br />cw.nuww nr e. tar« m <br />retumed to the Members in the same proportion as each Member's coettibudon to the <br />..1 erraraas mmee r',raam Pore <br />Commission budget. T'Fa Members agree to use ~ returned contributions Sor cork-rlf_..-'~ <br />expanses. <br />Region 4 The Commission shall assist Members with the processing of env <br />pppf ic.. ion(s) for an additional comcetitive franchise(sl and the nggotiation of fanchise terms. <br />B <br />• <br />