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DES:sh 12/30/85 <br /> DES:sh 1/19/86R <br /> DES:sh 2/03/86R <br />° DES:sh 2/20/86R <br /> <br /> Until such time as a Project or Projects is or are acquired <br /> and/or constructed'and each Party is a Participating Member <br /> in one or more Projects, the method of determining each <br /> Party's proportionate share of the Administrative Overhead <br /> Costs shall be that set forth in Exhibit "A". From and <br /> after the acquisition and/or construction of a Project or <br /> Projects for which Operation and Maintenance Costs have been <br /> allocated among all Parties (irrespective of whether all <br /> Parties are Participating Members in any one Project) the <br /> Administrative Overhead Costs of the Authority shall be <br /> allocated in the same proportion as said Operation and <br /> Maintenance Costs, and the method of such allocation shall <br /> supercede and replace the method of allocation set forth in <br /> Exhibit "A". Notwithstanding the foregoing, Administrative <br /> <br /> Overhead Costs may be reallocated by agreement of the <br /> Parties with respect to any approved General Budget, and <br /> shall be reallocated by agreement with respect to the <br /> <br /> addition of a Party or Parties pursuant to paragraph XXII. <br /> <br /> The method of determining each Party's proportionate <br /> share of any Capital Budget shall be set forth in the <br /> Capital Budget for the Project or Projects to which it <br /> pertains. <br /> <br /> (d) The Treasurer shall present periodically during <br /> each Fiscal Year to the Authority a financial report <br /> accounting for all moneys received and disbursed for the <br /> report period. <br /> <br /> 16 <br /> <br /> <br />