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Section 41.6. The arbitrator will only have jurisdiction over the <br />unresolved issues and other matters mutually agreed upon by the Village and <br />the F.O.P. The hearing shall be private and will conducted pursuant to the <br />AAA's current rules. Not later than three (3) days before the hearing, the <br />Village and the Union shall serve on the arbitrator, and the opposing party <br />a written report summarizing the unresolved issues and other matters <br />submitted to the arbitrator, the party's final offer on the issues and the <br />rationale for the position. If, after submission of the parties' reports, <br />mediation efforts by the arbitrator result in a chance of final offer, a <br />party may, with the permission of the arbitrator, submit a revised written <br />offer to the other party through the arbitrator. No change in offers shall <br />be permitted after testimony and evidence is heard on the particular issue <br />involved. <br />Section 41.7. After hearing, the arbitrator shall resolve the dispute <br />between the parties by selecting on an issue-by-issue basis from between <br />either of the party's final offers, taking into consideration the <br />following= <br />A. Past collectively bargained agreements, if any, between the <br />parties; <br />B. Comparison of the issues submitted to binding arbitration <br />relative to the employees in the bargaining unit involved with <br />those issues related to other public and private employees doing <br />comparable work, giving consideration to factors peculiar to the <br />area and classification involvedf <br />C. Comparability of treatment between the employees in the <br />bargaining unit in question and the Village's employees doing <br />work comparable to that performed by bargaining unit employees, <br />concerning the issues submitted to binding arbitration; <br />D. The interests and welfare of the public, the ability of the <br />employer to finance and administer the issues proposed, and the <br />effect of the adjustments of the normal standard of public <br />service; <br />E. The lawful authority of the employer= <br />F. The stipulations of the parties; and <br />G. Such other factors, not confined to those liated in this Section, <br />which are normally or traditionally taken into consideration in <br />the determination of the issues submitted to binding arbitration <br />through voluntary resolution procedures in the public service or <br />in private employment. <br />Section 41.8. The arbitrator shall make written finds of fact and <br />promulgate a written opinion and award upon the isaued presented to him, <br />and upon the record made before him and shall mail or otherwiae deliver a <br />true copy thereof to the parties. <br />Section 41.9. Increases in rates of compensation and other matters with <br />cost implications awarded by the arbitrator will be effective at the end of <br />the term of the preceding agreement. <br />7R