Common use of Local Funding Clause in Contracts

Local Funding. Continuing funding by the Parties to this Interlocal Agreement and local industries has been the most significant indicator to state and federal partners that there is strong local support for CBBEP and the implementation of the Bays Plan. It is this strong showing of local support that makes CBBEP unique among the 28 National Estuary Programs. Each Party to this Agreement will be responsible for the payment of annual funding as set forth below. The EPA has agreed to continue its funding through September 30, 1999. It is anticipated that annual funding will continue from the EPA and the State of Texas. It is understood that during calendar year 1999 there will be overlaps in funding and efforts that will be provided in parallel between the CCBNEP and the CBBEP.