ADDITION OF MEMBER DISTRICTS Sample Clauses

ADDITION OF MEMBER DISTRICTS. Any school district, whether or not an original signatory, may become a member upon application to the Cooperative Joint Powers Board, with majority consent of the current Member Districts and subscription to this Agreement. Such applicants shall also agree to apply to the Cooperative, a prorata cost for the real and personal property owned by the Cooperative. This amount shall be determined by the Cooperative’s Joint Powers Board from the records it has maintained. Before any district is accepted to the Rum River Special Education Cooperative, the cost and fiscal responsibility shall be presented in writing to the district requesting membership. Membership shall become effective on the date of subscription to the Agreement.
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ADDITION OF MEMBER DISTRICTS. Any school district wishing to participate in the Cooperative which was not a signatory to the original Joint Powers Agreement may make application to the Cooperative for membership. A majority vote of the full membership of the school board of each member district of the Cooperative and a unanimous vote of the members of the Cooperative Board shall be required to accept the applicant district, and the member districts shall determine the terms, conditions and obligations of the applicant district upon acceptance, including any obligation of the applicant district for payment of bonded debt or other obligations theretofore incurred by the member districts of the Cooperative. Such terms, conditions and obligations or existing law may require the vote and consent of the applicant district prior to its taxable property becoming subject to taxation for payment of bonded debt previously incurred by the member districts for the Cooperative. Upon acceptance and compliance with all terms, conditions and obligations required by the member districts and upon adoption of an amendment to this Agreement pursuant to Section 6 of this Article, the applicant district shall be entitled to appoint, in the manner specified in Article II of this Agreement, the number of member to the Cooperative Board authorized by the member districts. The member appointed shall have the same authority, rights and powers, including voting rights, as other members of the Cooperative Board and the new member district shall have the same rights and obligations as other member districts, including the obligation for payment of tuition for its pupils attending or served by the Cooperative.
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ADDITION OF MEMBER DISTRICTS. Any school district may become a member upon application to the Education District Governing Board, majority consent of the current member districts and subscription to the Agreement. Such applicants shall also agree to pay to the Education District a prorated share of the fund balance and the real and personal property owned by the Education District. This amount shall be determined by the Education District Governing Board from the records it has maintained. Before any district is accepted into the St. Croix River Education District, the cost and fiscal responsibility shall be presented in writing to the district requesting membership. Membership shall become effective on the date of subscription to this Agreement.
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ADDITION OF MEMBER DISTRICTS. Provided that the requirements under Minn. Stat. 123A.15, subd. 3, regarding member districts are satisfied, any school district, whether or not an original signatory, may become a member upon application to the Education District Board, unanimous consent of all members of the Education District Board, and subscription to this agreement. New member districts shall be required to pay to the Education District a depreciated prorated cost for its proportionate share of the real and personal property owned by the Education District, as of July 1 of membership entrance date—the cost of which, or any portion thereof, has been assessed against each of the members of the Education District, this amount shall be determined and approved by the ZED Governing Board. Before any member district is accepted into the Education District the total cost and fiscal responsibility must be unanimously approved by the ZED Governing Board and unanimously approved by the Superintendent Council and presented in writing to the district requesting membership.
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Related to ADDITION OF MEMBER DISTRICTS

  • PUBLIC IMPROVEMENT DISTRICTS If the Property is in a public improvement district,

  • Multi-Member The Members, or their designees, shall maintain complete and accurate records and books of the Company’s transactions in accordance with generally accepted accounting principles. The Company shall furnish each Member, within seventy-five days after the end of each fiscal year, an annual report of the Company including a balance sheet, a profit and loss statement a capital account statement; and the amount of such Member’s share of the Company’s income, gain, losses, deductions and other relevant items for federal income tax purposes. The Company shall prepare all Federal, State and local income tax and information returns for the Company, and shall cause such tax and information returns to be timely filed. Within seventy-five days after the end of each fiscal year, the Company shall forward to each person who was a Member during the preceding fiscal year a true copy of the Company’s information return filed with the Internal Revenue Service for the preceding fiscal year. All elections required or permitted to be made by the Company under the Internal Revenue Code, and the designation of a tax matters partner pursuant to Section 6231(a)(7) of the Internal Revenue Code for all purposes permitted or required by the Code, shall be made by the Company by the affirmative vote or consent of Members holding a majority of the Members’ Percentage Interests. Upon request, the Company shall furnish to each Member, a current list of the names and addresses of all of the Members of the Company, and any other persons or entities having any financial interest in the Company.

  • Termination of Membership You may terminate your membership by giving us written notice or by withdrawing your minimum required membership share(s), if any, and closing all your accounts. You may be denied services for causing a loss to the Credit Union, or you may be expelled for any reason as allowed by applicable law.

  • What Are the Qualifications for Charitable Donations The Pension Protection Act of 2006 allows Xxxx XXX holders who are RMD age or older at the time of a distribution to annually exclude qualified charitable distribution amounts up to $100,000 per year from gross income. The provision was made permanent by the PATH Act of 2015. A qualified charitable distribution must be made payable directly to the qualified charity as described in Section 170(b) of the Internal Revenue Code. Distributions from SEP or SIMPLE IRAs do not qualify for this type of designation.

  • Duties of Members Each Member shall use his or her best efforts to promote the business of the LLC.

  • Contributions for OTPP Plan Members i. When an employee/plan member is on short term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OTPP contributions based on 100% of the employee/plan member’s regular pay.

  • Disability of Member Upon the disability of a Member, the Member may continue to act as Manager hereunder or appoint a person to so serve until the Member's Interests and Capital Account of the Member have been transferred or distributed.

  • Rights of Members Except as otherwise provided in this Agreement, (a) each Member shall look solely to the assets of the Company for the return of its Capital Contribution, (b) no Member shall have the right or power to demand or receive property other than cash from the Company and (c) except as provided in this Agreement, no Member shall have priority over any other Member as to the return of its Capital Contributions, distributions or allocations.

  • Special Taxing Districts SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASED MILL LEVIES AND TAX TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES. BUYERS SHOULD INVESTIGATE THE SPECIAL TAXING DISTRICTS IN WHICH THE PROPERTY IS LOCATED BY CONTACTING THE COUNTY TREASURER, BY REVIEWING THE CERTIFICATE OF TAXES DUE FOR THE PROPERTY AND BY OBTAINING FURTHER INFORMATION FROM THE BOARD OF COUNTY COMMISSIONERS, THE COUNTY CLERK AND RECORDER, OR THE COUNTY ASSESSOR. A tax certificate from the respective county treasurer listing any special taxing districts that effect the Property (Tax Certificate) must be delivered to Buyer on or before Record Title Deadline. If the Property is located within a special taxing district and such inclusion is unsatisfactory to Buyer, in Buyer’s sole subjective discretion, Buyer may object, on or before Record Title Objection Deadline. If the Tax Certificate shows that the Property is included in a special taxing district and is received by Buyer after the Record Title Deadline, Buyer has until the earlier of Closing or ten days after receipt by Buyer to review and object to the Property’s inclusion in a special taxing district as unsatisfactory to Buyer.

  • What if I Make a Contribution for Which I Am Ineligible or Change My Mind About the Type of IRA to Which I Wish to Contribute? Prior to the due date (including extensions) for filing your tax return, you may elect to “recharacterize” amounts that you contributed to an IRA during the year by making a recharacterization of the contributed amount and earnings. Thus, for example, if you contribute amounts to a Xxxx XXX and later determine that you are ineligible to make a Xxxx XXX contribution for the year, you may at any time prior to the tax return due date for the year (including extensions) make a recharacterization of the contributions and earnings to a Traditional IRA.

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