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<br />]4. Contingency: No Debt. Pursuant to Article X, S 20 of the Colorado Constitution, <br />Superior's financial and Louisville's operational obligations under this Agreement are <br />specifically contingent upon annual appropriation and receipt of funds sufficient to perform such <br />obligations. This Agreement shall never constitute a debt or obligation of Superior within any <br />statutory or constitutional provision. <br />15. Termination. Either party may terminate this Agreement at any time. Unless <br />sooner terminated pursuant to the preceding sentence, this Agreement shall terminate <br />automatically on December 31, 2008. In the event of termination no portion of any contribution <br />previously paid shall be refunded. <br />IN WITNESS WHEREOF, this Agreement shall be effective the day and year first above <br />written. <br /> T?2~Z;:;:;;;ORADO <br /> Aiifuew Muckle, Mayor <br />ATTEST: <br />~~~- <br />P yllis L. Hardin, Town Clerk <br />APPROVED AS TO FORM: <br /> OLORADO <br />AP <br /> 4 3/13/2007 <br />P:ISHARED FILESIPHYLLISIWPDOCSIMEETINGS 2007\MARCH 12, 20071/TEM#9 - LOUISVILLE LIBRARY IGA-(LOUSVILLE 3-6-07 <br /> CLEA N). DOC <br /> T <br />