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12 <br /> Memorandum of Agreement <br /> Triangle Water Supply Partnership <br /> vi) Providing periodic reports and status updates to Participants. <br /> b) Projects: <br /> i) Small Projects: An amount will be budgeted annually to be used for any Small <br /> Projects that may come up during the year; this may include individual <br /> technical projects that support the mission of the Partnership, outreach, <br /> regulatory or legislative assessments, or data summaries, for example. <br /> ii) Large Projects: Once approved and created as a Large Project by the <br /> Partnership, all anticipated costs for a Large Project shall be included and <br /> accounted for in the 5-Year Project and Funding Plan(Exhibit 1) as an <br /> individual line item. <br /> iii) Special Projects: The Participants may seek additional opportunities to <br /> cooperate on mutually beneficial planning and capital projects related to water <br /> supply resources in the Triangle Region. Participation in a Special Project is at <br /> the discretion of each Participant. Such projects are created and defined as <br /> described in paragraph 12 below. Once created, Special Projects are included <br /> as individual line items in the 5-Year Project and Funding Plan (Exhibit 1). <br /> 12)Project and Budget Determination: <br /> a) Project Development: Votes to create any Project will include approval of a <br /> Project Lead Agency, Project Scope, Project Schedule, Project Budget, list of <br /> Participants (for Special Projects), and any other information needed to define the <br /> Project. <br /> i) If any single Project under consideration would be anticipated to increase any <br /> Member's Annual Dues in a single year by an amount equal or greater than <br /> the Member's projected Annual Dues in any year of the current 5-Year Project <br /> and Funding Plan, then upon request of that Member, the Project will be <br /> considered a Special Project and as such must be created per Paragraph 12 (a) <br /> (iii)below. <br /> ii) Small Projects and Large Projects will be created and approved, and can be <br /> modified,upon Simple Majority Vote. Participants' Cost Shares will be as <br /> defined or amended per Paragraph 14 for Annual Dues. <br /> iii) Each Special Project will be created and approved by affirmative vote of all <br /> Participants who choose to participate in that Special Project. Participants' <br /> Cost Shares will be as defined and approved by the Participants in the Special <br /> Project. Modification of a Special Project scope or budget also requires <br /> affirmative vote of all Participants in that Special Project. Other Special <br /> Project decisions may be made by Special Project Consensus vote. <br /> b) Project Recommendations: Project recommendations maybe submitted by <br /> individual Participants or solicited from interested third parties. Third parties may <br /> also present Project recommendations to the Partnership for consideration. <br /> August 7, 2018 Page 10 of 35 <br />