City Payment. The Subrecipient expressly agrees and understands that the total amount to be paid by the City under this Agreement shall not exceed [Insert Dollar Amount]. Drawdowns for the payment of eligible expenses shall be made against the line item budgets specified in Exhibit “B”, which is incorporated herein by reference and made a part of this agreement, and in accordance with the Subrecipient’s performance. Expenses for general administration shall also be paid against the line item budgets specified in Exhibit “B”, which is incorporated herein by reference and made a part of this Agreement, and in accordance with the Subrecipient’s performance.
City Payment. City shall reimburse Developer, in an amount not to exceed the Maximum Reimbursement Amount and subject to the terms and conditions herein, for the Sewer Income Fund Eligible Expenses of design, development, and construction of Developer’s Sewer Improvements. City acknowledges and agrees that all of the Estimated Costs identified in Exhibit A are Sewer Income Fund Eligible Expenses. The City represents and warrants to Developer that, as of the Execution Date, the aggregate amount of funds on deposit in the Sewer Income Fund is equal to or greater than the Maximum Reimbursement Amount and that the City will use its reasonable efforts to manage the Sewer Income Fund in a manner so that the aggregate amount of funds on deposit in the Sewer Income Fund during the term of this Agreement is sufficient to pay all Reimbursable Costs in accordance with this Agreement. To the extent that the amount of funds in the Sewer Income Fund are insufficient to pay all Reimbursable Costs, City shall identify alternative funds from which to pay City’s Sewer Facility Contribution obligation pursuant to the DDA.
City Payment. After satisfactory completion of Sections 3.1 requirements in conformance with the Agreement, the Developer may invoice the City for the City Payment equal to the Maximum Public Investment so long as the total cost of the Streetscape Enhancements exceed the Maximum Public Investment. The invoice shall document, to the reasonable satisfaction of the City: the costs of Construction directly relating to the Streetscape Enhancement. The Developer shall also provide any additional information related to the Construction as may be reasonably requested by the City. Within 60 days after the City receives the City Payment invoice, with appropriate documentation, the City shall send the Developer a check for the City Payment.
City Payment. The City shall “pick up,” assume, and pay the full amount of the statutorily required contribution of the employees who are members of the P.E.R.S. This “pick- up” is and shall be in lieu of contributions to the P.E.R.S., and the extent thereof, each Bargaining Unit member’s salary shall be reduced. This “pick-up” by the City of P.E.R.S. contribution shall be mandatory and no employee subject to this “pick-up” shall have the option of choosing to receive the statutorily required contribution to the P.E.R.S.
City Payment. The City shall pay the Contractor for certain towing and storage services, as follows.
City Payment. A. As stated in Section 4 hereinabove, CITY agrees to pay to AUTHORITY for the various services hereinabove agreed to be performed by AUTHORITY during the Fiscal Year 2015-2016, a total amount of Four Hundred Forty-Eight Thousand Two Hundred Dollars ($448,200.00) upon execution of this AGREEMENT.
City Payment. The City agrees to pay AAF a stipend each year, which payment shall be set by the City Council according to its yearly budget. The parties further agree that the mutual covenants and promises contained herein shall constitute good and sufficient consideration for the execution of this MOU.
City Payment. The City shall pay ACFD the actual cost up to the approved amount incurred by ACFD for providing any and all services to be provided to the City under this Agreement, which may be more or less than the amount within the budget. Budget modifications are subject to Sections 3(e)(1) and 5(a)(6).
City Payment. The City agrees to pay Chamber a stipend each year, which payment shall be set by the City Council according to its yearly budget. The parties further agree that the mutual covenants and promises contained herein shall constitute good and sufficient consideration for the execution of this MOU.
City Payment. The City agrees to pay RCEDP a material stipend each year, which payment shall be set by the City Council according to its yearly budget. The parties further agree that the mutual covenants and promises contained herein shall constitute good and sufficient consideration for the execution of this MOU.
