THE BOARD AGREES TO Clause Examples
The clause titled "THE BOARD AGREES TO" sets out specific commitments or actions that the board of directors is formally agreeing to undertake. Typically, this clause will enumerate duties such as approving budgets, overseeing management, or implementing certain policies, and may outline the board's responsibilities in relation to the organization or its stakeholders. Its core practical function is to clearly define the board's obligations, ensuring accountability and transparency in governance by explicitly stating what the board is required to do.
THE BOARD AGREES TO. 1. Direct the fiscal agent to expend funds from the Integrated Fund only in accordance with applicable state and federal laws or rules and regulations governing categorical expenditures, or only in a manner that is consistent with the intent and purpose of this agreement or other agreement which may be used to further advance the mission of the Cass County Children's Initiative.
2. Actively seek and contribute to the integrated fund miscellaneous grant dollars.
3. May provide financial and technical support for local Area Family Councils.
4. Seek new opportunities for program development which strengthen collaborative efforts on a county wide basis.
5. Maintain a positive working relationship with state agencies and other family services collaboratives.
6. Prepare and distribute to all collaborative partners an annual report highlighting collaborative activity and project expenditures.
7. The Board shall direct the work and supervise the work of the Children’s Initiative Director. The benefits and personnel policies affecting the Children's Initiative Director shall be determined by the Board of the Children’s Initiative.
8. To assure Single Audit Act, OMB Circular A-128, and OMB Circular A-133 as applicable to meet Federal Funding guidelines.
THE BOARD AGREES TO a. Act as the Consumer- University’s utility operations will purchase and receive from Prairieland, Fuels, Electric Power, Ancillary Services, and Utility Services which the University’s utility operations may require.
b. Act as the Supplier- University’s utility operations will supply and deliver to Prairieland, electric power, chilled water, steam, and ancillary services which Prairieland may need for delivery to be made at the Point(s) of Delivery as contained in Prairieland’s customer service records.
c. Assign staffing to be responsible for Prairieland’s day to day operations and for the oversight of the performance of the obligations of Prairieland as stated in this Agreement. This staffing will perform the management, administration, purchasing, accounting, financial and risk management, and retail functions for Prairieland. No separate charges will be assessed to Prairieland for this staffing.
d. Assign the University’s utilities operations to be the consumer and/or supplier interface to Prairieland to manage the relationship and energy commodity procurement activities with Prairieland. The University’s utilities operations will provide an approved annual energy commodities procurement plan and/or approved utility rates for Prairieland to use in its annual budgeting and rate setting process. The University’s utilities operations will approve Prairieland’s use of forward or financial instruments in the purchase of commodities for future delivery.
e. Provide Prairieland with certain other business services for which no separate charges will be assessed. Such services will include, but not be limited to legal, cash management, accounting, risk management, auditing, tax, and office space and support, on a regular or ad hoc basis.
f. Make available to Prairieland other support services from University departments such as telephone service, central stores, printing, information technology, etc. For these services, Prairieland agrees to reimburse the University at rates charged to University auxiliary operations.
g. Provide property insurance, general liability, excess general liability, and Directors and Officers liability coverage under the University self-insurance plan for space and University employees serving as Directors and Officers. Prairieland will purchase commercial coverage for non- University Directors and Officers. Cost for the coverage provided will be allocated to the University on a pro-rata share basis.
THE BOARD AGREES TO. 1. Assist school districts in the development of a contract that is satisfactory to all participating partners. If the contract developed is not satisfactory to a participating partner, then that partner shall not be required to sign the contract.
2. Reimburse, via itemized invoices, each of the participating school districts up to the Board designated amount for the qualifying LCTS program that engages preventive or early intervention services, including CTSS, to children, adolescents and families at risk. Payment will be made within 30 days of the end of the current school year invoice.
3. Any current year designated LCTS qualifying program funds per school district not needed for these services, may be applied towards CTSS services approved by the Cass County Children’s Initiative Board.
4. Process itemized invoices up to the Board designated amount to the following, for qualified preventive or early intervention services to children, adolescents and families at risk, including Home Visiting programs: Northland Family Center, Pillager Family Center, and Pine River-▇▇▇▇▇▇ Family Center, Payment will be made within 30 days of the invoice date.