TRANSFER OF FUNDS BY CITY TO AUTHORITY. City agrees to transfer to Authority Three Million Dollars Forty One Thousand and Three Hundred and Two Dollars ($3,041,302) of HOME Funds (“Project Funds”) held by the City to enable the Authority to make the HOME Loan to the Developer for the Project subject to the award of Tax Credits and other conditions precedent set forth in the Letter Agreement, and subsequently as set forth in the Affordable Housing Agreement. Subject to negotiation, preparation, consideration and approval of the Affordable Housing Agreement and satisfaction of the conditions precedent therein, City shall make the Project Funds available to the Authority for the Project. Authority shall not disburse the Project Funds to the Developer until the Authority has confirmed that the Developer has satisfied all of the Conditions Precedent to the disbursement of the HOME Loan pursuant to Letter Agreement, and thereafter the Affordable Housing Agreement; provided that the Authority Executive Director may waive, defer or modify such Conditions Precedent in accordance with the authority granted by the City Council and Authority under the Letter Agreement.

TRANSFER OF FUNDS BY CITY TO AUTHORITY. City agrees to transfer to Authority $5,500,000 of funding from 2021-2022 State Budget:

TRANSFER OF FUNDS BY CITY TO AUTHORITY. City agrees to transfer to Authority up to Seven Hundred Thousand Dollars ($700,000.00) of HOME Funds (“Project Funds”) held by the City to enable the Authority to proceed with and complete the Activities.

TRANSFER OF FUNDS BY CITY TO AUTHORITY. City agrees to transfer to Authority up to Two Million Five Hundred Thousand Dollars ($2,500,000) of HOME Funds (“Project Funds”) held by the City to enable the Authority to make the HOME Loan to the Developer for the Project. Subject to approval by the Authority’s governing board of the terms of the AHA and execution thereof by the Authority and Developer, City will make the Project Funds available to the Authority for the Project. Authority shall not disburse the Project Funds to the Developer until the Authority has confirmed that the Developer has satisfied all of the conditions precedent to the disbursement of the HOME Loan pursuant to AHA; provided that the Authority Executive Director may waive, defer or modify such conditions precedent in accordance with the authority granted by the Authority’s governing board. DRAFT The Authority covenants and agrees to use the Project Funds (i) in strict conformance with Title II of the Xxxxxxxx-Xxxxxxxx National Affordable Housing Act (42 U.S.C. 12701-12839) and the HOME Program Regulations codified at 24 CFR Part 92, as amended by the 2013 HOME Final Rule, and (ii) to implement the AHA in order to expand the supply of decent, safe, sanitary and affordable housing for very low income and low income persons and families. This Agreement does not constitute a “commitment” of HOME Funds, as the term “commitment” is defined in 24 CFR 92.2.

TRANSFER OF FUNDS BY CITY TO AUTHORITY. City agrees to transfer to Authority the CalOptima Funding of $1,500,000 for the Authority to loan to Developer as additional monies loaned under the Authority Other Funds Loan.

TRANSFER OF FUNDS BY CITY TO AUTHORITY. City agrees to transfer to Authority up to the Designated HOME Amount of HOME Funds (with the actual amount as transferred constituting “Project Funds”) held by the City to enable the Authority to proceed with and complete those activities which Authority deems to be necessary and appropriate to accomplish the Project (“Activities”).

Related to TRANSFER OF FUNDS BY CITY TO AUTHORITY

Caiso and Participating to Authority 13.5.1 General 13.5.2 Reduction and Disconnection 13.6 Interconnection Customer Authority 13.7 Limited Liability
Your Legal Power to Sign and Invest You have the legal power to sign this Investment Agreement and purchase the Note.
RIGHT TO AUDIT; SUPPORTING DOCUMENTS; AUTHORITY OF STATE AUDITOR By executing this Agreement, implementing the authority of, and accepting the benefits provided by Chapter 313 of the TEXAS TAX CODE, the Parties agree that this Agreement and their performance pursuant to its terms are subject to review and audit by the State Auditor as if they are parties to a State contract and subject to the provisions of Section 2262.154 of the TEXAS GOVERNMENT CODE and Section 313.010(a) of the TEXAS TAX CODE. The Parties further agree to comply with the following requirements:
Government’s Reservation of Rights The defendant understands that the United States expressly reserves the right in this case to:
Transfer of Funds From such funds as may be available for the purpose in the relevant Fund Custody Account, and upon receipt of Proper Instructions specifying that the funds are required to redeem Shares of the Fund, the Custodian shall wire each amount specified in such Proper Instructions to or through such bank or broker-dealer as the Trust may designate.
Certification Regarding Prohibition of Certain Terrorist Organizations (Tex Gov. Code 2270) Vendor certifies that Vendor is not a company identified on the Texas Comptroller’s list of companies known to have contracts with, or provide supplies or services to, a foreign organization designated as a Foreign Terrorist Organization by the U.S. Secretary of State. Does Vendor certify? 3 Yes
Submission of Certified Payroll Transcripts for Public Works Contracts Only Contractors and Subcontractors on public works projects must submit monthly payroll transcripts to the Authorized User that has prepared or directs the preparation of the plans and specifications for a public works project, as set forth in the Bid Specifications. For Mini-Bid solicitations, the payroll records must be submitted to the entity preparing the agency Mini-Bid project specification. For “agency specific” Bids, the payroll records should be submitted to the entity issuing the purchase order. For all other OGS Centralized Contracts, such records should be submitted to the individual agency issuing the purchase order(s) for the work. Upon mutual agreement of the Contractor and the Authorized User, the form of submission may be submitted in a specified disk format acceptable to the Department of Labor provided: 1) the Contractor/Subcontractor retains the original records; and, (2) an original signed letter by a duly authorized individual of the Contractor or Subcontractor attesting to the truth and accuracy of the records accompanies the disk. This provision does not apply to Article 9 of the Labor Law building services contracts.
Termination of Agreement for Unavailability of Authority or Federal Funds It is the intent and understanding of the Parties that this Agreement is contingent upon the availability of Authority or Federal funds or the receipt by the Authority of Federal funds. If Authority funds or Federal funds approved or obligated by the Authority in connection with this Agreement are at any time rendered unavailable, the Authority shall then have the right to terminate this Agreement by the giving of a written notice, the basis, and the effective date of the termination to the Contractor. Should this Agreement be terminated by reason of the unavailability of Authority or Federal funds for the purposes of this Agreement, all finished or unfinished documents, data, studies, reports, and other materials prepared by the Contractor under this Agreement prior to the effective date of the termination shall be delivered in a format specified by the Authority. In the event of termination under this section for lack of Authority or Federal funds, the Contractor shall be entitled to receive payment for Products and Services incurred under this Agreement prior to the effective date of termination.
Authorization of Agreement This Agreement has been duly authorized, executed and delivered by the Company.
CERTIFICATION OF AGREEMENT In accordance with Division 4 of Part VIB of the Workplace Relations Act 1996, the Commission hereby certifies the attached written agreement in this matter. This agreement shall come into force from the date of certification, being 6 May 2003, shall operate in accordance with its terms and shall remain in force until 31 October 2005. Printed by authority of the Commonwealth Government Printer <Price code 40> GLADWYN PLUMBING PTY LTD & C E P U ENTERPRISE AGREEMENT 2002-2005 PLUMBING and MECHANICAL SERVICES ENTERPRISE AGREEMENT 2002 - 2005 Subject Matter Clause number Page number Annual Leave 27 17 Application of Site Agreements 20 13 Apprentices 16 10 Certification & Date of Operation 6 3 Commitments 3 2 Compensation of Tools of Trade 35 22 Consultative Mechanisms 8 3 Co-Invest 36 23 Dispute Settlement Procedure 12 5 Hours of Work 22 13 Industry Compliance Certificate 21 14 Industry Training 15 10 Inclement Weather 14 6 Insurances 29 18 Negotiation of a Subsequent Agreement 19 12 No extra claims 18 13 Occupational Health & Safety 13 5 Objectives 2 2 Parties & Persons Bound 4 2 Payment of Wages 26 15 Picnic Day 34 22 Plumbing Industry Calendar 32 22 Public Holidays 33 22 Protective Clothing 31 20 Relationship with Parent Award & VBIA 7 3 Right of Entry 11 4 Rostered Days Off 23 14 Scope & Application 5 3 Security of Employment 37 23 Shift Work 24 15 Shop Stewards 9 4 Superannuation 28 18 Termination of Employment & Redundancy 30 20 Title 1 2 Compensation for Tools of Trade 35 22 Union Representation 10 4 Wages & Allowances 25 17 Appendix A Wage Rates & Allowances Availability Appendix B Victorian Building Industry Site Agreement Appendix C Security of Employment Arrangements

TRANSFER OF FUNDS BY CITY TO AUTHORITY Sample Clauses

Filter & Search

Related Clauses

Sub-Clauses

Related to TRANSFER OF FUNDS BY CITY TO AUTHORITY