Authority Formation Sample Clauses

Authority Formation. The County, upon the AATA’s written request and authorization of the governing bodies of ▇▇▇ Arbor and AATA terminating their operational relationship in favor of the New TA, will create a new Act 196 authority by approving, signing and filing articles of incorporation in substantially the form attached as Exhibit A. AATA will publish details of the service and funding plan in paper(s) of record before requesting the articles to be filed.

Authority Formation. The County, upon the AATA’s written request and authorization of the governing bodies of ▇▇▇ Arbor and AATA terminating their operational relationship in favor of the New TA, will create a new Act 196 authority by approving, signing and filing articles of incorporation (“Articles”) in substantially the form attached as Exhibit A. Prior to the submission of any request by AATA to County to initiate formation of a public authority, all of the following must occur: (i) AATA will publish details of the service and funding plan in newspaper(s) of general circulation in the Washtenaw County before requesting the Articles be approved by the County and filed in accordance with provisions of Act 196. (ii) the articles of incorporation in the form presented for approval by the County shall be separately adopted by ▇▇▇ Arbor and Ypsilanti by affirmative vote of the respective governing bodies. No transfer of assets to the new TA from AATA shall occur unless and until all contingencies stated in Section 4 of this agreement and any and all conditions which may be established in the articles have been met..Before the closing, AATA retains full authority and control over the conduct of its business. The New TA, after incorporating, would not own or operate public transportation services until the contingencies of this agreement are met. After the transfer of assets described in Section 4, AATA and ▇▇▇ Arbor will terminate their operational relationship in favor of the NEW TA.

Authority Formation. The County, upon the AATA’s written request and authorization of the governing bodies of ▇▇▇ Arbor and AATA terminating their operational relationship in favor of the New TA, will create a new Act 196 authority by approving, signing and filing articles of incorporation (“Articles”) in substantially the form attached as Exhibit A. AATA will publish details of the service and funding plan in newspaper(s) of general circulation in the Washtenaw County before requesting the Articles be approved by the County and filed in accordance with provisions of Act 196 ▇▇▇ Arbor agrees, subject to the Paragraph 8 below, to designate the New TA, as successor to AATA, as the contracting agency for use of the 2.5 ▇▇▇▇▇ tax ▇▇▇▇ under Section 8.18 of the ▇▇▇ Arbor City Charter and allocated the tax levy in its entirely to AATA at the 2012 millage rate or as adjusted by State of Michigan statute less a municipal service charge of one percent (1%) of the annual millage at the time of the collection of taxes. Such designation shall become effective if and when all of the following occurs: (i) the New TA succeeds to AATA’s public transportation services under the terms of this Agreement; and (ii) if alternate funding sources are elected to fund the NEW TA which do not require voter approval, evidence of sufficient funding to support the continued and uninterrupted level of services provided by its predecessor-in-interest, AATA satisfactory to the City. Ypsilanti agrees, subject to Paragraph 8 below, to transfer its full respective transportation millages, less a municipal service charge of one percent (1%) at the 2012 millage rate or as adjusted by State of Michigan statute to the New TA effective when the New TA succeeds to AATA’s public transportation services.

Authority Formation. Pursuant to Article I, Chapter 5, Division 7, Title 1 of the Government Code of the State of California (commencing with Section 6500), the parties hereto hereby have created a public agency separate and apart from the parties hereto, now to be known as the Yolo County Public Agency Risk Management Insurance Authority, herein after called the Authority. This Agreement amends and supersedes the Agreement filed with the Secretary of State on March 30, 1979 entitled Joint Exercise of Joint Powers Agreement to Establish a Joint Risk Management Program and to provide Property, Workers' Compensation, Liability and Other Insurance Coverages.

Authority Formation. SECTION 3.01: CREATION, NAME, PURPOSES, AND POWERS

Authority Formation