13 ATTACHMENTS - Laserfiche WebLink

Section 4.6. Indemnification. The Authority shall defend, indemnify and save harmless each Member Jurisdiction and its respective councilmembers, officers, agents and employees, from all claims, losses, damages, costs, injury and liability of every kind, nature and description directly or indirectly arising from the Authority's performance of its powers, duties and responsibilities under this Agreement. Section 4.7. Insurance. The Authority shall acquire and keep in force such insurance policies with coverage and limits sufficient to protect the Authority and its Member Jurisdictions for claims for damages arising from the activities of the Authority, its Board of Directors, officers and employees. It is the intent of this Section that the policies of insurance described herein include coverage for automobile liability, comprehensive general liability, public officials errors and omissions, workers' compensation and such excess liability and other perils as the Board of Directors shall from time to time direct, and that the coverage limits of these policies be maintained at levels as the Board of Directors shall from time to time direct. Each Member Jurisdiction shall be named an "additional insured" on the liability coverages or shall receive equivalent treatment or status under the Authority's insurance program. ARTICLE V: CHANGES TO MEMBERSHIP AND FORM Section 5.1. Termination and Dissolution. This Agreement shall be deemed terminated and the Authority shall be dissolved when only one Member Jurisdiction continues to participate or when all Member Jurisdictions choose to terminate it. If Authority has, as permitted by sub- section 2.1(b), executed along-term contract for public transportation services which cannot be canceled or divided except for cause and which includes a commitment to claim and expend financial assistance for the period of such contract, then Authority may not be dissolved during the term of such contract unless reasonable alternate terms can be negotiated with the other party to the long-term contract. Section 5.2. New Members. Upon the unanimous consent of the Member Jurisdictions, as evidenced by resolutions adopted by each Member Jurisdiction amending the Agreement and designating a revised Service Area, any public entity shall be admitted to Authority as a voting Member Jurisdiction, provided that new Members shall first execute a copy of this Joint Exercise of Powers Agreement and agree to be bound by their terms and the terms of any other agreements to which Authority is party. Section 5.3. Individual Member Withdrawal. A Member Jurisdiction may terminate its participation in and withdrawal from this Agreement and Authority at any time, provided that such Member shall give one year's prior written notice of such termination to Authority and other Member Jurisdictions. Notice of termination may be rescinded upon written notice to Authority any time before the effective date of termination, provided, however, that the Board must approve such rescission. (a) If Authority has, as permitted by sub-section 2.1(c), executed along-term contract for public transportation services which is based on the assumption that the terminated Member Jurisdiction will claim and expend, on behalf of such service, public transportation financial assistance for which it is eligible, the terminated Member 7