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destinations and percentage of residential population within one quarter mile of a bus route. <br />Service levels shall not differ by more than 15% from population-based allocations, unless <br />approved by a vote of the Board of Directors that includes the affirmative votes of any city <br />Member Jurisdiction whose Service Hour Allocation will be more than 15% less than the <br />population-based allocation. In addition, the Board may, by an action meeting the requirements <br />of Section 3.11(a), exempt any route or project from inclusion in the Service Hour Allocation <br />until such time as the Board, by means of an action also meeting the requirements of Section <br />3.11(a), lifts such exemption.] <br />Section 6.9 Disposition of Surplus Money and Pr~erty. This Section shall apply to distribution <br />by Authority of its surplus money or acquired property. This Section shall not affect the sale, <br />transfer, or other disposition of property or money by Authority in the ordinary course of its <br />activities necessary to fulfill the purposes of this Agreement. <br />(a) Successor Public Entity. If by law another public entity has been created or <br />designated to assume responsibility for providing public transportation services <br />within all or substantially all of the Service Area of Authority, with the unanimous <br />approval of the Member Jurisdictions the surplus money and acquired property of <br />Authority may be transferred to such public entity upon its assumption of all <br />(monetary) liabilities of Authority, and Authority shall thereafter terminate. <br />(b) Withdrawal of Member Jurisdiction. Upon withdrawal of one or more Member <br />Jurisdictions as provided in Section 5.3, the acquired property and surplus money of <br />Authority shall be distributed to the withdrawing Members in proportion to the <br />aggregate of that Member's contributions to Authority and TDA funds claimed by <br />Authority on behalf of such Member Jurisdiction. To facilitate such distribution, <br />property may be distributed in kind or reduced to cash by sale. Any distribution of <br />cash, including surplus moneys, to a Member Jurisdiction in excess of its actual <br />contributions to Authority shall be first approved by MTC. If Member Jurisdictions <br />cannot agree upon the valuation of acquired property or upon their distributive shares, <br />the disagreement shall be referred to a panel of three referees for decision. One <br />referee shall be appointed by the Member(s) disputing the valuation or disposition. <br />One referee shall be appointed by the Member(s) supporting the valuation or <br />distribution. One referee shall be appointed by the two referees first appointed. The <br />decisions of the referees shall be final and binding upon the Member Jurisdictions. <br />ARTICLE VII: MISCELLANEOUS <br />Section 7.1. Governing Law. This Agreement is made under the Constitution and laws of the <br />State of California and is to be so construed. <br />Section 7.2. Amendment. This Agreement may be amended from time to time by the <br />unanimous written approval of all Member Jurisdictions. Such amendment shall take effect upon <br />the approval of the last Member Jurisdiction. Copies of any amendments shall be filed with the <br />Secretary of State in accordance with Government Code Section 6503.5 <br />10 <br />