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` 1 II <br /> B. ACt1V1 <br /> The EDCDMC will seek projects which attempt to increase per capita disposable income <br /> of the Crreater Decatur Area. ' <br /> I. Actions by the EDCDMC <br /> A. The EDCDMC will assume lead responsibility for the selection of projects <br /> that would produce high quality jobs. <br /> B. The EDCDMC shall assume lead responsibility for the coordination of <br /> business research. <br /> C. The EDCDMC shall share responsibility with the Chamber of Commerce <br /> and the City to administer a unified marketing plan. <br /> D. The EDCDMC shall prepaze, and submit to the City for its review, an <br /> annual budget. A report of activities and budget sha11 be submitted each <br /> month. <br /> E. The EDCDMC shall keep accurate books of account which it sha11 have <br /> annually audited by independent accountants and shall furnish a report <br /> thereof to the City. <br /> C. Activi <br /> The EDCDMC will seek projects that are within their mission that will contribute to the <br /> betterment of the commuruty. <br /> I. Actions by the City <br /> A. The City shall reasonably cooperate with the EDCDMC in carrying out the <br /> shared missions. <br /> 2. TERM OF AGREEMENT <br /> This Agreement shall be in full force and efFect from May 1, 2000 to Apri130, 2001, and <br /> thereafter until notice of termination is given by either party hereto to the other. Such notice <br /> shall be approved by the Council and in writing, shall be served personally or by certified mail <br /> and sha11 be effective ninety(90) days from the date of said service. <br /> 2 <br />