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submit to the RFA Board for approval adjustments in the FBC formula to ensure <br />this policy goal is reasonably met to the satisfaction of both the City and the RFA. <br />2.4. Voluntary Termination. The City or the RFA may voluntarily terminate this <br />Agreement if the Second Annexation Vote fails. The termination date shall be as of <br />December 31 of the year following the year in which notice of termination is given, <br />provided the City or RFA shall give the other party a minimum of eighteen (18) <br />months' notice prior to termination. In the event of voluntary termination by either <br />party, the terms of asset transfer and employee layoffs to facilitate the City's <br />reconstituting a City fire depai tnnent or securing service from another fire service <br />provider are described in Section 2.5(e) (Asset Transfer Back to City), Section 5.7 <br />(Disposition of Property in the Event of Termination), and Section 6.8 (Effect on <br />Represented Personnel in the Event of Termination). <br />2.5. Termination For Material Breach. Either Party may terminate this Agreement in the <br />event of a Material Breach of this Agreement by the other Party pursuant to the <br />following process: <br />(a) The non -breaching Party shall provide the breaching Party with written notice <br />which sets forth the alleged Material Breach(es). <br />(b) The breaching Party shall have ninety (90) days following receipt of the notice from <br />the non -breaching Party (the "Cure Period") to cure such alleged Material <br />Breach(es). <br />(c) <br />In the event the breaching party fails to cure such Material Breach(es) during the <br />Cure Period, the non -breaching Party may terminate this Agreement upon the <br />expiration of the Cure Period, subject to the Wind -Up provisions set forth in <br />Sections 2.5(d) & (e) by providing the breaching party with written notice of <br />termination of this Agreement. The right to terminate this Agreement set forth in <br />this paragraph shall be in addition to the other rights and remedies available to the <br />Parties under applicable law. <br />(d) In the event of a Material Breach of this Agreement that has not been cured by the <br />expiration of the Cure Period, the Parties shall, unless the Parties mutually agree <br />otherwise in writing, continue to perform their respective obligations under this <br />Agreement for a minimum of twelve (12) months after the expiration of the Cure <br />Period (the "Wind -Up Period"); provided, that the Wind -Up Period shall be six (6) <br />months if the Material Breach involves the City's failure to make the Contract <br />Payment or the RFA's failure to provide services; provided further, that during the <br />Wind -Up Period, the Parties shall coordinate and cooperate their efforts to <br />transition services in good faith. If the RFA is providing all services as defined in <br />Section 3, the City shall be responsible for all payments required herein until the <br />conclusion of the Wind -Up Period. <br />(e) <br />In the event either Party gives notice of termination of this Agreement per Sections <br />2.4 and/or 2.5, the Mayor and RFA Fire Chief shall meet within two weeks of the <br />non -terminating Party's receipt of the notice to establish a Transition Group with <br />such membership from both parties as the Mayor and Fire Chief may determine. If <br />the City determines to seek service from another fire/EMS agency, the Transition <br />{KLS2682066.DOCX;1/13175.000001/ } 3 <br />