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CA 40 0 ronM sea-0sa-0s murYTIANNINO oac.Ong ARTICLE 6 FUNDING INVENTORY REPORT, RECORD-KEEPING Section 6.01. Funin . The Department shall allocate to the MPO for its performance of its transportation planning and programming duties, an appropriate amount of federal transportation pla)tdng funds. Section 6.02. Inventory report. The MPO agrees to inventory, to maintain records of and to Insure proper use, control, and disposal of all nonexpendable tangible property acquired pursuant to funding under this Agreement. This shall be done in accordance with the requirements of 23 CFR Part 420, Subpart A, 49 CFR Part I8, Subpart C., and all other applicable federal regulations. Section 6.03. Record-keeping and document rctention. The Department and the MPO shall prepare and retain all records in accordance with the federal and state requirements, including but not limited to 23 CPR Part 420, Subpart A, 49 CFR Part 18d, Subpart C, 49 CFR Section 18,42, and Chapter 119, Florida Statutes. ARTICLE 7 MISCELLANEOIIS PROVISION Section 7.01. Constitutinttal or statutory duties and responsibilities of parties. T h i s Agreement shall not he construed to authodit the delegation of the constitutional or statutory duties of any of the parties. In addition, this Agreement does not relieve any of the parties of an obligation or responsibility imposed upon them by law, except to the extent of actual and timely performance thereof by one or more of the parties to this Agreement or any legal or administrative entity created or authorized by this Agreement, in which case this performance may be offerers in satisfaction of the obligation or responsibility. Section 7.02. Amendment of Agreement. Amendments or modifications of osis Agreement may only be made by written agreement signed by all pardas here to with the same formalities as lite original Agreement. No amendment may alter tite apportionment or jurisdictional boundaries of the MPO without approval by the Governor. Section 7.03. Duration; withdrawal procedure. (a) Dura i n. This Agreement shall remain in effect until terminated by the parties to this Agreement; provided, however, that by no later than December 31, 2002 and at least every five (5) years thereafter, the Governor shall exanilne the composition of the MPO membership and reapportion it as necessary to comply with Section 339.175, Florida Statutes, as appropriate. During examination of the MPO apportionment every five (5) years by the Governor, this Agreement shall be reviewed by the MPD and the Department to confirm the validity of the contents and to recommend amendments, if any, that are required. (b) Wilhdrawal proccdure. Any party, except Indian River County and the United States Bureau of the Census designated center city, may withdraw from this Agreement after presenting in written form a notice Of intent to withdraw to the other parties to this Agreement and the Indian River County MPO, at least ninety (90) days prior to the intended date of withdrawal. Upon receipt of the intended notice of withdrawal. (1) The withdrawing member and the MPO shall execute a memorandum reflecting the. withdrawal of the member and alteration of the list of member governments that are signatories to this Agreement. The memorandum shall be filed in the Office of the Clcrk of the Circuit Court of each county in which a party hereto is located; and (2) The Office of the Governor shall be contacted, and the Governor, with the agreement of the remaining members of the MPO, shall determine whether any reapportionment of the membership shall be appropriate. The Governor and the MPO shall review the previous MPO designation, applicable Florida and local Nge7at 11