Cessation of Terms of Withdrawing Municipality’s Members Sample Clauses

Cessation of Terms of Withdrawing Municipality’s Members. 37 38 Upon the effective date of withdrawal, the terms of office of all members serving 39 on the Committee from the withdrawing municipality shall terminate and the 40 total membership of the Committee shall be decreased accordingly. 41 42 F. Payments of Certain Capital Costs Made by a Withdrawing Municipality 43 44 Money received by the District from the withdrawing municipality for payment of 1 funded indebtedness or interest thereon shall be used only for such purpose and 2 until so used shall be deposited in trust in the name of the District. 4 SECTION IX PARTIAL WITHDRAWAL FROM THE DISTRICT
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