Multi-Year Contract. The obligations of the City as to any funding required pursuant to this Contract shall be limited to an obligation in any given year to budget and appropriate from legally available funds, after monies for essential City services have been budgeted and appropriated, sufficient monies for the funding that is required during that year. Notwithstanding the foregoing, the City shall not be prohibited from pledging any legally available non-ad valorem revenues for any obligations heretofore or hereafter incurred, which pledge shall be prior and superior to any obligation of the City pursuant to this Contract.
Appears in 3 contracts
Sources: Contract, Broker and Benefits Consulting Services Contract, Contract for Citywide Sidewalk, Trail and Minor Roadway Construction