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Resolution 2007-26
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Resolution 2007-26
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Last modified
2/28/2024 11:01:15 AM
Creation date
5/11/2007 3:58:33 PM
Metadata
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Template:
City Council Records
Also Known As (aka)
IGA Colorado Wireless Communities 2007
Doc Type
Resolution
Signed Date
5/1/2007
Ord/Res - Year
2007
Ord/Res - Number
26
Cross-Reference
aka COLORADO WIRELESS COMMUNITIES aka COLORADO BROADBAND COMMUNITIES
Original Hardcopy Storage
7D5
Record Series Code
45.160
Record Series Name
Resolutions
Supplemental fields
Test
RES 2007-26
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1. The IGA is and shall be terminated as of December 31, 2012, or such date as the final expenses <br /> of CBC are paid and all remaining assets are distributed to the Members in accordance with the <br /> provisions of Section 13 of the IGA. <br /> 2. Section 13 of the IGA provides that upon termination, all assets and the remainder of the <br /> Operating Budget shall be distributed to the Members still active at the time of termination or continuing <br /> to participate on a pro rata basis and in proportion to each Member's financial participation during the <br /> prior fiscal year. <br /> 3. All Members executing this Resolution are active Members of the CBC, and after payment of <br /> all final expenses of CBC, the remainder of the Operating Budget shall be distributed on a pro rata basis, <br /> as discussed and agreed to by CBC Members on December 19, 2012. <br /> 4. CBC and its legal counsel shall work together to notify the Colorado Department of Local <br /> Affairs of the termination of the IGA and the dissolution of CBC, and to take any other related action that <br /> may be required in order to accomplish the Intent of this Resolution in accordance with applicable law. <br /> IN WITNESS WHEREOF, the Members of CBC have executed this Resolution below, to be <br /> effective as of the date set forth herein. <br /> CITY OF w .5 _, \at t 9 ., COLORADO <br /> BY: <br /> Title: bt7'Y '( ii`1 MAPP 2I _ <br /> Page 2 <br />
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