Common use of Agreement Subject to Appropriation Clause in Contracts

Agreement Subject to Appropriation. To the extent this Agreement constitutes a multiple fiscal year debt or financial obligation of the City, it shall be subject to annual appropriation pursuant to Article X, Section 20 of the Colorado Constitution and other relevant statutory authority. The City shall have no obligation to continue this Agreement in any fiscal year in which no such appropriation is made.

Appears in 2 contracts

Samples: Professional Services Agreement, Professional Services Agreement

AutoNDA by SimpleDocs

Agreement Subject to Appropriation. To the extent this Agreement constitutes a multiple fiscal year debt or financial obligation of the CityTown, it shall be subject to annual appropriation pursuant to the Town of Parachute Municipal Code and Article X, Section 20 of the Colorado Constitution and other relevant statutory authorityConstitution. The City Town shall have no obligation to continue this Agreement in any fiscal year in which no such appropriation is made.

Appears in 2 contracts

Samples: Agreement, Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.