Securing Funding Sample Clauses

Securing Funding. With assistance from SBCAG, the FUNDING PARTNERS will work cooperatively to pursue other federal or state grant opportunities where appropriate for the PROJECT in order to augment or reduce the Federal Transit Administration, Transportation Development Act and local funds needed for continuation of the service. Lompoc will be responsible for submitting grant applications. SBCAG staff will assist Lompoc with preparation of grant applications. If a local match is required to receive grant funding, then the FUNDING PARTNERS will share equally in the matching funds needed to meet the required local match, and will execute the necessary paperwork to facilitate receipt of grants.

Securing Funding. 5.1 There are a number of different funding sources available to deliver the various key pieces of infrastructure identified within the MoU, which include Section 106 agreements or Community Infrastructure Levy (CIL - but with S106 being the key contributor to major schemes), Section 278 agreements, government funding streams administered through South East LEP, Hertfordshire LEP, RIS2 and subsequent funding periods, together with other funding opportunities as these arise. 5.2 There is a clear distinction between the national infrastructure requirements and the local and county infrastructure requirements which have been identified. Significant funding would be expected through national funding streams for the major pieces of infrastructure, such as the long term solution at M11 J8. However, this would not, and should not, preclude contributions, sometimes major contributions, from developers through S106 towards these schemes. Delivery of the county schemes identified as being required to deliver the levels of growth in the OAHN would be expected to be primarily, or totally, funded by developers through Section 106 or similar contributions, although other funding sources as identified above could provide for the delivery of these schemes in part or in total as necessary. 5.3 Further work will be required to firm up costings of the proposed mitigations to establish affordability. The intention is to put in place a single infrastructure delivery plan (IDP) covering all of the interventions, setting out when they are required and what developments will be expected to contribute towards the scheme. The individual IDP’s supporting each of the Local Plans will need to reflect these arrangements. 5.4 Subject to para 4.11, collective agreement will need to be reached with respect to phasing of the interventions and pooling of contributions to fund delivery in the agreed order. Decisions to proceed with an identified mitigation should be taken by the Co-operation for Sustainable Development Member Board

Securing Funding. The Parties will work cooperatively to pursue other federal or state grant opportunities where appropriate for the Service in order to augment or reduce the Federal Transit Administration, Transportation Development Act and local funds needed for continuation of the service. Lompoc will be responsible for submitting grant applications. Lompoc may seek assistance from the other Parties with preparation of grant applications. If a local match is required to receive grant funding, then the Parties will share equally in the matching funds needed to meet the required local match, and will execute the necessary paperwork to facilitate receipt of grants.