Common use of Implementation and Duration Clause in Contracts

Implementation and Duration. A. Pursuant to Executive Order Number 23-132, the designation of the North Central ▇▇▇ affecting the counties of Baker, Bradford, Columbia, Dixie, Gilchrist, Hamilton, Jefferson, Lafayette, Levy, Madison, Putnam, Suwannee, Taylor and Union shall be in effect for five years and will expire on June 11, 2028. B. REDI may recommend the ▇▇▇ designation and this MOA be terminated or continued based on performance under this MOA. C. This MOA shall take effect immediately upon full and proper execution by all Parties, and supersedes and replaces any and all previous Rural Area of Critical Economic Concern and ▇▇▇ agreement(s) between the Parties. D. This MOA shall expire on June 11, 2028 unless terminated earlier. E. Both Parties shall review this MOA annually. If revisions are needed, notification shall be given to both Parties in writing of the specific changes desired with the proposed amendment language and the reasons for the revisions. With the mutual consent of both Parties, the proposed changes shall become effective when both Parties have duly executed an amendment to this MOA. F. The County may terminate this MOA at any time upon written notice to Commerce. G. Designation as an ▇▇▇ is, by statute and Executive Order, contingent upon execution of a MOA between the Parties. REDI shall recommend the ▇▇▇ designation be terminated if this MOA is not duly executed, or if this MOA is terminated and another MOA is not timely and duly executed in its place.

Appears in 1 contract

Sources: Memorandum of Agreement

Implementation and Duration. A. Pursuant to Executive Order Number 2320-132170, the designation of the North Central Northwest ▇▇▇ affecting the counties of BakerCalhoun, BradfordFranklin, ColumbiaGadsden, DixieGulf, GilchristHolmes, HamiltonJackson, JeffersonLiberty, LafayetteWakulla, LevyWashington, Madisonand the area in ▇▇▇▇▇▇ County north of the Choctawhatchee Bay and the Intracoastal Waterway, Putnamis designated as a Rural Area of Opportunity (▇▇▇) with an expiration date of July 8, Suwannee, Taylor and Union shall be in effect for five years and will expire on June 11, 20282025. B. REDI may recommend the ▇▇▇ designation and this MOA be terminated or continued based on performance under this MOA. C. This MOA shall take effect immediately upon full and proper execution by all Parties, Parties and supersedes and replaces any and all previous Rural Area of Critical Economic Concern and ▇▇▇ agreement(s) between the Parties. D. This MOA shall expire on June 11July 8, 2028 2025 unless terminated earlier. E. Both Parties shall review this MOA annually. If revisions are needed, notification shall be given to both Parties in writing of the specific changes desired with the proposed amendment language and the reasons for the revisions. With the mutual consent of both Parties, the proposed changes shall become effective when both Parties have duly executed an amendment to this MOA. F. The County may terminate this MOA at any time upon written notice to CommerceDEO. G. Designation as an ▇. ▇▇▇ designation is, by statute and Executive Order, contingent upon execution of a MOA between the Parties. REDI shall recommend the ▇▇▇ designation be terminated if this MOA is not duly executed, executed or if this MOA is terminated and another MOA is not timely and duly executed in its place.

Appears in 1 contract

Sources: Memorandum of Agreement