5. If at the end of any calendar year during the. term of. _this
agreement the combined monies received by the GVRD from ‘the.

Participating Municipalities exceed the actual costs incurred. by : the
GVRD' in providing the services set out in Schedule "A" hereto to the
Participating Municipalities then the GYRD wil as soon as practical
refund to the Corporation a pro-rata share of such surplus equat to
the pro-rata share of the total costs which the Corporation paid to
the GVRD for the year in which the surplus. occurred. :

6. The Corporation is aware that the GVRD wil] be entering. into
agreements similar to this one with other Participating Municipalities
and that the Participating Municipalities may, . establish advisory
committees in order to review, ‘monitor and evaluate the services |
provided by the GVRD under this agreement. The Corporation is aware
“that it is entitled to be represented on such committees and. may
appoint representatives to them. _

7 _ Notwithstanding the execution and delivery hereof, this.
agreement shall not come into force and effect until the GVRD advises
the Corporation in- writing that such of the GVRD's member
municipalities as the GVRD in its opinion reasonably exercised
determines are necessary for the GVRD to be able. to provide _the
services set out. in Schedule ANS have executed and delivered to the
GVRD agreements. similar to this agreement.

3. Subject to paragraph 7 above this. agreement. shal] be in force -
for 5 years commencing on the date first above written and terminating

on December 31, 1988 unless termi nated pursuant to terms of paragraphs
3. and 9.