Vermont § 57 - Withdrawal of member municipality A member municipality may terminate its membership in the District by a majority vote of its voters present and voting at a duly warned annual or special meeting voting for such a termination

§ 57. Withdrawal of member municipality A member municipality may terminate its membership in the District by a majority vote of its voters present and voting at a duly warned annual or special meeting voting for such a termination

• . At such annual or special meeting, a majority of the municipality’s
  voters present and voting must also approve the terms and conditions of this chapter
  for withdrawal required pursuant to subdivision (1) of this section. Such duly warned
  meeting must be held no less than 30 days after notice of intent to withdraw has been
  given to the Board of Supervisors. Said notice shall be in writing and delivered
  to the Board by certified mail, return receipt requested. The termination shall take
  effect upon a certification of the termination vote by the clerk of the terminating
  municipality that must be delivered by certified mail, return receipt requested, to
  the Secretary of the District between July 1 and October 31 to become effective the
  following July 1. Requests for withdrawal received after October 31 shall result
  in the District requiring full payment of the withdrawing municipality’s assessment
  for the next fiscal year. (1) The terminating municipality must sign a written agreement with the District to pay,
  as applicable: (A) Its share of any financial obligations incurred by the District up to the point of
  termination, including its share of obligations subject to annual appropriation up
  to the effective date of withdrawal; (B) Its share of all existing indebtedness incurred by the District and obligations under
  long-term contracts, at the time its termination becomes effective, including its
  share of the debt or obligations incurred by the District for the remaining bonding
  term or contract term; and (C) Any direct, incidental, and consequential costs resulting from its withdrawal, including
  fixed operational costs and costs of redesigning, relocating, or rebuilding a facility. (2) [Repealed.] (Amended 2011, No. M-17 (Adj. Sess.), § 2, eff. July 12, 2012.)