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Interlocal Agreement <br />Page 3 of 9 <br /> <br />with a mutual understanding of the mutual efficiencies and benefits gained by entering into this <br />Agreement. <br /> <br />The KCPAO shall submit a proposed updated budget to the CITY by May 31 of the year preceding <br />the expiration of the current term to allow for budgeting purposes. Any changes to the budget <br />for the renewal term must be mutually agreed upon in writing before the renewal becomes <br />effective. <br /> <br />7. Administration. For the purposes of RCW 39.34.030(4)(a), the points of contact as listed in <br />section 4. above shall be the administrators of this Agreement. No separate legal or <br />administrative entity is created by this Agreement. No joint budget or financing method is <br />created by this Agreement; each party will manage its own financing and budgeting processes <br />hereunder. This Agreement will be posted online or filed with the county auditor as required by <br />RCW 39.34.040. <br /> <br />8. Termination. Either party may terminate this Agreement by providing written notice at least <br />one-hundred and twenty (120) days prior to the end of the then-current term. KCPO shall <br />continue to prosecute CITY cases that were charged and/or filed prior to the termination date, <br />but the CITY agrees to assume responsibility for the prosecution of all other CITY cases pending <br />as of the termination date. Before the final day of the Agreement, KCPO shall coordinate with <br />the CITY on transferring active cases back to the CITY. <br /> <br />9. Modification. The parties may modify the terms of this Agreement, including but not limited to <br />provision of additional services, through one or more formal written amendments, signed by <br />both parties. <br /> <br />10. Notices. Written notices required or permitted to be provided by one party to the other party <br />under this Agreement may be provided by personal delivery, legal courier service, or certified <br />mail, postage prepaid and return receipt requested. Notice may be provided by regular first <br />class mail if simultaneous notice is provided by email. Notices given by a party shall be provided <br />to the other party’s point of contact as listed in Section 4. of this Agreement. <br /> <br />11. Insurance. Each party hereto shall at all times during the term of this Agreement maintain <br />insurance coverage (or participate in a local government risk pool) adequate to cover its <br />activities under this Agreement. A certificate of coverage indicating policy coverage shall be <br />provided upon ratification of this agreement and annually thereafter. Any exclusions that may <br />have an impact on services shall be communicated to the other party as soon as they are <br />known. <br /> <br />12. Property. The parties do not anticipate acquiring jointly owned personal or real property under <br />this Agreement. Any personal property of a party used in the performance of this Agreement in