Common use of Required Powers Clause in Contracts

Required Powers. Each Member of the Authority must at all times have the following powers: a. The authority, commitment and agreement to direct the flow of Solid Waste, Recycling and Plant Material generated within the Member’s respective jurisdiction to the Authority’s Solid Waste Facilities for a period of time which shall minimally be until December 31, 2036, or such further period of time necessary to repay certain Revenue Bonds and other indebtedness to be issued by the Authority to expand and operate the Facilities. b. The authority to set rates sufficient to provide for the financing and operation of the Authority Facilities. c. The authority, by law, to enter into this Agreement. ARTICLE