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Interlocal Agreement: Jail Services <br />4 6 The County may charge an interest rate equal to the interest rate on the monthly County <br />investment earnings on any undisputed billing amount not paid by the City within forty-five (45) <br />days of receipt of the billing, and any amounts found to be owing to the County as a result of the <br />billing dispute resolution procedure. <br />4 7 Each party many examine the other's books and records to verify charges. If an <br />examination reveals an improper charge, the next billing statement will be adjusted <br />appropriately Disputes on matters related to this Agreement which are revealed by an audit shall <br />be resolved pursuant to Section 4.2 <br />5 Term. This Agreement shall commence on November 1, 2002 and shall supersede all previous <br />contracts and agreements between the parties relating to the Jail and jail services. This <br />Agreement shall extend to December 31, 2012 and may be renewed annually by the agreement of <br />the parties. <br />6 Termination. Neither party may terminate this Agreement prior to January 1, 2004 Thereafter, <br />either party may initiate a process to terminate this Agreement as follows. <br />6 1 Ten -Dav Notice of Intent to Terminate Any party wishing to terminate this Agreement <br />shall issue a written notice of intent to terminate, not less than ten (10) days prior to issuing a <br />ninety (90) day termination notice under Section 6.2 of this Agreement. Upon receipt of the <br />written notice of intent to terminate, the parties will meet to confer on whether there are steps <br />that the non terminating party can take in order to avoid a ninety (90) day termination notice <br />under section 6.2 of this Agreement. <br />6.2 Ninetv -Dav Termination Notice. After the ten (10) day period has run under Section 6 1 <br />of this Agreement, the party desiring to terminate this Agreement may provide the other party <br />ninety (90) days written termination notice, as provided in RCW 70 48 090 <br />7 Limited Re- Opener The County or the Cities may request (a) during the year 2006, and during <br />the year 2009, that the parties meet to negotiate a change to the charges being paid under Exhibit <br />III, or (b) at any time prior to December 31, 2006, that the parties meet to negotiate a change to <br />any operations covering Medical or Psychiatric Inmates. In the event such a request is made, the <br />parties agree to meet and negotiate in good faith on the issue. However, if no agreement is <br />reached, the terms of this Agreement will continue to apply <br />8. Indemnification. <br />8.1 The County shall indemnify and hold harmless the City and its officers, agents, and <br />employees, or any of them, from any and all claims, actions, suits, liability, loss, costs, expenses, <br />and damages of any nature whatsoever, by reason of or arising out of any negligent action or <br />omission of the County, its officers, agents, and employees, or any of them. In the event that <br />any suit based upon such a claim, action, loss, or damage is brought against the City, the County <br />shall defend the same at its sole cost and expense; provided, that, the City retains the right to <br />participate in said suit if any principle of governmental or public law is involved; and if final <br />judgment be rendered against the City and its officers, agents, and employees, or any of them, or <br />5 <br />