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Is : * AUG 2 71980 Box 44 PAcE 431 County the sum of $75.00 annually for each hydrant owned by the respective parties located in the District's boundaries. Said sum constitutes the total cost of operation, maintenance and replacement of said hydrants. The City and County may install addi- tional hydrants within the District's boundaries as needed, and shall receive from the District the $75.00 annual payment for each addi- tional hydrant. 11. LABOR AGREEMENT. Both the City and County acknowledge the existence of the labor agreement executed by and between the City and Local #2201, International Association of Firefighters, on October 1, 1979, which remains in effect until September 30, 1981. The Parties hereby agree that the District shall ratify said agreement and honor any negotiated matters agreed upon between the City and Firefighters. The parties also acknowledge that Local Union #2201 is the authorized bargaining unit for the Firefighters. Accordingly, the parties agree that the District will recognize the said bargaining unit unless or until said bargaining unit is lawfully decertified or until another bargaining unit is lawfully certified to represent the Firefighters. The District reserves the right to accept or reject a newly certified bargaining unit. 12. DISSOLUTION. The governing body of the District may initiate proceedings to dissolve the District in accordance with the following procedure: A. The governing body shall first pass a duly -enacted ordi- nance evidencing its intent and desire to dissolve the District. The governing body shall conduct a minimum of two (2) public hearings before voting on the proposed ordinance. In addition, a:detailed position paper regarding the issue of dissolution shall be furnished by the Advisory Committee and given due consideration by the govern- ing body. B. The duly -enacted ordinance shall be submitted to and approved by the qualified voters of the District as a condition precedent to the lawful dissolution of the District. Said referendum shall be conducted at the Counties next scheduled election or a special election prior to the next regular election. In any event, the referendum shall be held no earlier than thirty (30) days r