Res 2016-123/Use Res: 2016-166 - Laserfiche WebLink

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Email: adrianac@greatersaninarcostx.com If a party changes its address, facvimile number or email address for notice purposes, it will provide written notice of the new information to the other party within 10 days of the change. B. Non Appropriation of F=ds. Funds for payments under this Agreement have been provided through the City budget approved by the City Council For the current fiscal year only. State laws prohibit the obligation and expenditure of public funds beyond the fiscal year for which a budget has been approved. However, the cost of services covered by this Agreement is likely to be a recurring requirement, and the City anticipates including this cost as a stundard and routine expense or lite City to he included in each proposed budget within the foreseeable future. However, the City does not guarantees clic availability of funds in future fiscal years of the. City, Lind the City enters into this Agreement only to the extent such funds are tirade available in the City's adopted budgets ii►r future fiscal years. The fiscal year for the City extends faint October I A of each calendar year to September 30th of they following calendar year. ♦ r. Termination. 1. Termination by City. The ('icy reserves ilia right to terminate 111is Agrectrient. upon 30 days` written notice for any reason deecmcd by lite City Council to serve the public intetctit. In tltc OVUM ol'such (ermination lite City will pay the Corporation those costs directly attributable to services received by they City in coniplianca with (lie, Agreement prior to termination, The City will not he liable for any damages or any loss or pwrit.s anticipated to be niade• by lite Corporation under this Agreement Ment in connection with any such termination. 2. Termination by Corporation. The Corporation tiny lerntiiiate this~ Agreument based on defauh by the City il'the City ('ails to comply wish tiny trrtt or condition of this Agreentent. Tho; Corporation niust. notify the. City in writing al' any delauft. The City will takes action so that the default is corrected within 30 days of receipt ol'tho. notice. If ilie: City fails to treacly correct the: default, ilia Corporation may immediately terminate this Agivement in its cant it e1y. U. Uismilation of Corporation. Upon dissolution ofthe Corporation, after they payrtmcni of all debts and obligations of the Corporation, cite assets of the Corporation shall be distributed to one or more exempt organizations under Sections 510 (c) (6) tinct 170 (c) (2) of'the Internal Revenue Code as amended, or any successor provisions, or to the ilederral, state or local government f<►r lawful purposes. To the extent allowed under said provisions of the Internal Revenue Code and applicable laww, such distribution shall be as follows: 1. Contributed property shall he offered to the member entity that contributed such property; 2. A11 other property shall be sold and the proceeds of sale distributed to qualifying exempt members in proportion to their financial contributions to the Corporation; 3. All remaining unencumbered funds shall be distributed to qualifying exempt members in proportion to their contributions to the Corporation. 6