Common use of Securing Funding Clause in Contracts

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.

Appears in 1 contract

Sources: Memorandum of Understanding

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 Santa ▇▇▇▇▇ 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.

Appears in 1 contract

Sources: Memorandum of Understanding