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<br /> provisions, and Members and their Directors agree that they will make decisions and act in accordance <br /> with the public interest, so as to best benefit their citizens and subscribers of broadband services. <br /> 15. EFFECTIVE DATE AND TERM. This Agreement shall become effective when it has been <br /> duly authorized by at least three of the parties and executed originals of this Agreement and other <br /> appropriate documents evidencing such approval, have been filed at the central communications address <br /> of the CWC with copies to the other Members as provided above. This Agreement shall continue in <br /> effect through December 31st following the effective date and thereafter from year-to-year, or until <br /> termination in accordance with the terms hereof. <br /> 16. INSURANCE AND HOLD HARMLESS. CWC Directors shall serve as part of their regular <br /> job responsibilities as employees of CWe's individual Member jurisdictions, and as such, are covered by <br /> the insurance provided by their employers. No Member, and no Director, shall be liable for claims <br /> because of participation in, or as the result of any action or omission by, the CWC. Without waiving the <br /> protections, rights and limitations of the Colorado Governmental Immunity Act, C.R.S. 24-10-101 et seq, <br /> and any other applicable laws, where appropriate, the individual Member jurisdictions shall, defend and <br /> indemnify Members and Directors against any and all claims, judgments, losses, demands, and costs in <br /> any way arising out of this Agreement to the extent such claims, judgments, losses, demands and costs are <br /> not barred by the Colorado Governmental Immunity Act and any other applicable laws. The CWC shall <br /> be responsible for any insurance necessary for its operation relating to assets owned, liabilities incurred <br /> and/or employees retained by the CWC, independent of the individual Member jurisdictions. In so doing, <br /> the CWC does not waive the protections, rights and limitations of the Colorado Governmental Immunity <br /> Act, C.R.S. 24-10-101 et seq. and any other applicable laws. <br /> 17. SEVERABILITY. Should any part, term, or provision of this Agreement be declared to be <br /> illegal or in conflict with any law whatsoever, or otherwise rendered unenforceable or ineffectual, by any <br /> agency or court of competent jurisdiction, the remaining portions of this Agreement shall nonetheless <br /> remain in effect and the Members each agree that they would have entered into each provision of this <br /> Agreement separately even if none of the other provisions had been included. <br /> 18. AMENDMENT. This Agreement may be amended by the two-thirds majority vote of the <br /> entire membership, based upon each Member being entitled to one vote. <br /> 19. REPORTING AND RECORD KEEPING. The CWC shall report all proposed amendments <br /> of this Agreement or any bylaws promulgated pursuant to this Agreement, any Meeting changes, changes <br /> in budget, and any information important to the operation of this Agreement to the Directors of each <br /> Member promptly. All documents required to be made available under any local, state, or federal law or <br /> regulation shall be deposited at the central communications address as set forth in Section 2, above. The <br /> procedures and responsibilities for responding to any open records requests under Colorado law shall be <br /> addressed in the Bylaws. To the extent required by applicable law, the Board shall engage an <br /> independent accounting firm to perform an annual audit of the budget of the CWC, which audit shall be <br /> distributed to each Member in summary form. All such documents and any and all documents maintained <br /> by, or pertaining to, the CWC shall be available upon reasonable notice for inspection by any Member. <br /> Colorado Wireless Communities <br /> Intergovernmental Agreement <br /> Final; 4/9/07 <br /> Page 7 <br /> , <br />