Vermont § 601 - Withdrawal of a municipality

§ 601. Withdrawal of a municipality

• (a) Subject to the provisions of subsection (b) of this section, a member municipality
  may vote to withdraw from this chapter in the same manner as it votes to adopt the
  chapter if one year has elapsed since the District has become a body politic and corporate
  and if the District has not voted to bond for construction and improvements, all in
  accordance with 24 V.S.A. § 4863(g). The provisions of 24 V.S.A. § 4863(i) and (j) shall apply so that any vote of withdrawal taken less than one year from
  the time the District has become a body politic and corporate or any vote of withdrawal
  taken after the District has voted to bond for construction and improvements shall
  be null and void. The membership of a withdrawing member shall terminate as of one
  year following a valid vote to withdraw or as soon after such one-year period as the
  financial obligations of the withdrawing member have been paid to the District. All
  of the foregoing notwithstanding, however, in the event that the General Assembly
  of the State of Vermont shall specifically approve, then a member may vote to withdraw
  from the District at any time. (b) The financial obligations of a withdrawing member shall include all ongoing costs
  and assessments of the District until the withdrawing member has entered into a written
  agreement satisfactory to counsel for the District obliging the withdrawing municipality
  as follows: (1) To continue to pay its share of all debts incurred by the District for the remaining
  terms of all bonds and contracts in existence at the time when the vote to withdraw
  was taken. (2) To pay the costs of redesigning, rebuilding, or otherwise changing any facility of
  the District that may be occasioned by the reduced volume of solid waste resulting
  from the withdrawal of the member. Such costs shall be determined by an independent
  engineering firm hired by the Board and shall bind both the Board and the withdrawing
  municipality. (3) To pay its share, based upon its assessment for the year in which it withdraws, of
  the defense costs and judgment rendered in any legal action brought against the District
  arising or accruing in any year during which it was a member of the District. (4) To pay its share, based upon its assessment for the year in which it withdraws, of
  all unbudgeted costs and expenses of the District arising out of the activities of
  the District during the withdrawing member’s term of membership, regardless of when
  such costs and expenses may be discovered. (5) To pay all of these additional costs either in a lump sum or in installments at such
  times and in such amounts as required by the Board. (c) Subsections (a) and (b) of this section notwithstanding, in the event there is a recycling
  or treatment facility or contracts for recycling or treatment in effect, and in the
  further event that the withdrawal of a member would reduce the amount of solid waste
  generated to less than the minimum volume required to meet the District’s long-term
  contractual commitments related thereto, then no withdrawal of a member shall be permitted
  during the term of such commitments. (d) After a member has voted to withdraw, the Board shall give notice to the remaining
  members of the vote to withdraw and shall hold a meeting to determine if it is in
  the best interest of the District to continue to exist. All interested parties shall
  be given an opportunity to be heard. If the Board determines that it would be in
  the best interests of the District to cease operations, the Board may prepare and
  implement a plan for dissolution of the District.