My WebLink
|
Help
|
About
|
Sign Out
ASSOCIATION OF BAY AREA GOVERNMENTS JOINT POWERS CREATING ABAG POWER
City of Pleasanton
>
CITY CLERK
>
LONG TERM AGREEMENT
>
A
>
ASSOCIATION OF BAY AREA GOVERNMENTS JOINT POWERS CREATING ABAG POWER
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/23/2007 12:35:53 PM
Creation date
10/12/2007 10:54:18 AM
Metadata
Fields
Template:
LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
11/4/1997
LONG TERM AGREEMENTS - NAME
ASSOCIATION OF BAY AREA GOVERNMENTS
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
JOINT POWERS
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
8
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />16. <br />1, 1999 are <br />For the purpose of this section only, all Members admitted after Januan~ <br />Members. <br />(a) A publi entity may be admitted as a New Member only upon atwo-thirds (2/3) <br />vote of the Bo d and upon complying with all other requirements established by the <br />Board and the vlaws. <br />(b) Each a~plicant for membership as a New Member must pay all fees and expenses. <br />if any, set by t e Board. <br />17. Withdrawal. embers may withdraw in accordance with conditions set forth in the <br />Bylaws provid d that no Member may withdraw if such withdrawal would adversely <br />affect a bond o other indebtedness issued by ABAG POWER, except withdrawal under <br />such circumst ces may be effected upon a [super-majority] vote of the Board. <br />18. Ex ulsion/Sus ension. ABAG POWER may expel or suspend a Member by atwo-thirds <br />(2/3) vote of th Board for a breach of this Agreement or the Bylaws determined by the <br />Board to be a aterial breach. The procedures for heazing and notice of expulsion of a <br />Member are pr vided in the Bylaws. <br />19. <br />(a) This A reement continues until terminated. However, it cannot be terminated <br />until such time as all principal of and interest on bonds and other forms of indebtedness <br />issued by AB G POWER are paid in full. Thereafter, this Agreement may be terminated <br />by the written onsent oftwo-thirds (2/3) of the Members; provided, however, that this <br />Agreement an ABAG POWER continue to exist after termination for the purpose of <br />disposing of al claims, distribution or assets and all other functions necessary to <br />conclude the o ligations and affairs of ABAG POWER. <br />(b) After c mpletion of ABAG POWER's purposes, any surplus money on deposit in <br />any fund or ac ount of ABAG POWER will be returned as required by law. The Boazd is <br />vested with all owers of ABAG POWER for the purpose of concluding and dissolving <br />the business of airs of ABAG POWER. <br />20. Notices. Noti <br />Member and s~ <br />ABAG POWE <br />21. <br />may have undo <br />Member has a <br />POWER. Hoy <br />interest or ri~f <br />to each Member under this Agreement is sufficient if mailed to the <br />irately to the Member's Director to their respective addresses on file with <br />inst Assi nment. No Member may assign a right, claim, or interest it <br />this Agreement. No creditor, assignee or third party beneficiary of a <br />fight, claim or title to any part, share, interest, fund or asset of ABAG <br />ever, nothing in this section prevents ABAG POWER from assigning any <br />it may have under this Agreement to a third party. <br />6 ABAG POWER JPA <br />
The URL can be used to link to this page
Your browser does not support the video tag.