ECONOMIC PROCEDURES Sample Clauses

ECONOMIC PROCEDURES. 1. At a meeting prior to the submission of any economic proposals, the two sides may wish to discuss the current economic situation of the district as well as any innovative or new additions to an economic proposal. 2. The MEA team will begin the negotiations by submitting an economic proposal to the Board's team. This proposal shall be fair, reasonable, and as equitable as possible. 3. The Board's team may then discuss the contents of the proposal with the MEA team. 4. The teams shall exchange economic proposals at their February meeting. They shall attempt to reach agreement by April 15. If they have not reached agreement by April 15, they may mutually agree to continue negotiating until May 15. If no agreement has been reached by this date, formal negotiations shall begin no later than June 15.