No General Obligation. In no event shall any obligation of the Owner under this Agreement be or constitute a pledge of the ad valorem taxing power of the Owner within the meaning of the Constitution of the State of Florida or any other applicable laws. Neither the CM nor any other party under or beneficiary of this Agreement shall ever have the right to compel the exercise of the ad valorem taxing power of the Owner, in any form on any real or personal property to pay the Owner's obligations or undertakings hereunder.
No General Obligation. The obligations of the County set forth herein shall not be construed to be or constitute general obligations, debts or liabilities of the County or the State of Florida or any political subdivision thereof within the meaning of the Constitution and laws of the State of Florida, or to result in a pledge of or lien upon any revenues of the County. The obligation of the County to reimburse the Applicant hereunder is subject to the discretion of the Board of County Commissioners to budget legally available funds in amounts sufficient to fund the Improvement.
No General Obligation. In no event shall any obligation of the City under this Agreement be or constitute a general obligation or indebtedness of the City, a pledge of the ad valorem taxing power of the City or a general obligation or indebtedness of the City within the meaning of the Constitution of the State of Florida or any other applicable laws, but shall be payable solely from legally available revenues and funds. The Indians do not have the right under this Agreement to compel the exercise of the ad valorem taxing power of the City or any other governmental entity or taxation in any form on any real or personal property to pay the City's obligations or undertaking hereunder.
No General Obligation. Notwithstanding any other provisions of this Interlocal Agreement, the obligations undertaken by the parties hereto shall not be construed to be or constitute general obligations, debts or liabilities of Manatee County, Sarasota County or the State of Florida or any political subdivision thereof within the meaning of the Constitution and laws of the State of Florida, but shall be funded solely in the manner and to the extent provided in or contemplated by the respective authorizing instruments and this Interlocal Agreement.
No General Obligation. The obligations of the City and the CRA hereunder are subject to annual appropriation of legally available funds by the City Council of the City and the CRA Board, and shall not constitute or create a pledge, lending of credit or lien, either legal or equitable, of or on any of the City’s ad valorem revenues or funds, or upon any other revenues or funds of the City, as may be construed under the laws or the Constitution of the State of Florida. Neither the Owner nor any other person or entity shall ever have the right to compel any exercise of the ad valorem taxing power of the City to make the payments herein provided, nor shall this Agreement constitute a charge, lien or encumbrance, either legal or equitable, upon any property or funds of the City. Notwithstanding anything contained herein, the City reserves the right, in its sole discretion, to pay the obligations contained in this Agreement from any funds legally available for such purpose.
No General Obligation. No provision of this Grant Agreement shall be construed or interpreted as creating a general obligation or other indebtedness of the Grantee within the meaning of any constitutional or statutory debt limitation.
No General Obligation. Notwithstanding anything to the contrary herein or in such subsequent resolutions or ordinances, the Bonds shall not constitute “bonds” within the meaning of Article VII, Section 12 of the Constitution and the Statutes of Florida to be approved at an election of the qualified electors of the County and the City. The Bonds shall not constitute a general obligation of the County or the City, the State of Florida or any political subdivision thereof, or a lien upon any property owned or situated within the territorial limits of the County or the City, the State of Florida or any political subdivision thereof. The holders of the Bonds shall not have the right to require or compel any exercise of the taxing power of the County or the City, the State of Florida or any political subdivision thereof to pay the principal or, premium, if any, and interest on the Bonds or to make any other payments provided for under any subsequent resolution or ordinance.
No General Obligation. In no event shall any obligation of CMPA under this Agreement 40 be or constitute a general obligation or indebtedness of the City, a pledge of the ad valorem taxing power 41 of the City or a general obligation or indebtedness of the City within the meaning of the Constitution of the 42 State of Florida or any other applicable laws, but shall be payable solely from legally available revenues 43 and funds. Neither the Developer nor any other party under or beneficiary of this Agreement shall ever 44 have the right to compel the exercise of the ad valorem taxing power of the City or any other 45 governmental entity or taxation in any form on any real or personal property to pay the City's obligations 46 or undertakings hereunder.
No General Obligation. Amounts due hereunder shall not be or constitute a general obligation or indebtedness of the City or County as a "bond" within the meaning of Article VII, Section 12 of the Constitution of Florida, but shall be payable solely from the non-ad valorem Revenues in accordance with the terms hereof. The City or County shall never have the right to compel the exercise of any ad valorem taxing power to pay amounts due hereunder, or be entitled to payment of such from any funds of the County or City respectively except from non-ad valorem revenues.
No General Obligation. (i) In no event shall any obligation of the Parties under this MOU be or constitute a general obligation or indebtedness of the Parties, a pledge of the ad valorem taxing power of the Parties or a general obligation or indebtedness of the Parties within the meaning of the Constitution of the State of Florida or any other applicable laws, but shall be payable solely from legally available revenues and funds. Neither Party shall have the right to compel the exercise of the ad valorem taxing power of the other Party. This space left intentionally blank.
