Laserfiche WebLink
Joint Funding MOU <br />Page 2 of 7 <br />funding. In the event that a claim or lawsuit is initiated by the Agency against <br />any City for withholding payment, the City requesting the withholding of <br />payment shall be responsible for settling or defending the claim or lawsuit. In <br />addition, in the event of any settlement of or judgment on the claim or lawsuit, <br />the City requesting that payment be withheld shall be fully responsible for the <br />payment of such settlement of judgment and shall indemnify, defend, and hold <br />harmless the other Cities for such settlement or lawsuit. <br />3. Funding Arrangement. <br />a) Allocation. Each Participating City shall provide to the Lead City no later <br />than March 31 st of each year, the total annual funding allocation approved for <br />the Agency, as described in Exhibit A. No administrative costs shall be <br />imposed by the Lead City to the participating Cities. Exhibit A will be <br />updated each year to show the contracted Agency(ies), Lead City, <br />participating Cities, and funding amounts for that calendar year. <br />b) Return of Unspent Funds. Any monies that the Agency(ies) does not spend <br />during the calendar year shall be proportionately returned to each Participating <br />City. On or before March 31" of the next calendar year the Lead City will <br />provide the unspent funds to each participating City. <br />4. Responsibilities of Lead City. A Lead City has been designated to act as the fiscal and <br />administrative agent on behalf of the Cities for the Agency, as shown in Exhibit A. The <br />responsibilities of the Lead City shall include the following: <br />a) Send an invoice to each Participating City by January 30th of each year for <br />their annual approved allocation to the Agency. <br />b) Contract with the Agency each year, for the total funding allocated by the <br />Participating Cities, detailing performance measures to be performed by the <br />Agency for each City. <br />c) Receive, review, and process the quarterly invoices and reports from the <br />Agency. Quarterly reports shall describe services provided specifically to <br />each City. Disputes regarding billings will be resolved among the <br />Participating Cities. <br />d) Provide copies of quarterly reports to the Participating Cities, if the reports are <br />not provided directly by the Agency. <br />e) Provide the Agency with a funding application and technical assistance as <br />required. <br />f) Perform an annual monitoring visit of the Agency, to include the participation <br />of another Participating City. <br />g) Maintain accounts and records which properly reflect transactions related to <br />this MOU. <br />5. Duration. This MOU shall become effective when it is approved by a majority of the <br />Cities and shall remain in effect through December 31, 2012, with automatic extensions <br />annually, unless terminated as described in section 6. <br />