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