Assabet definition
Examples of Assabet in a sentence
To see if the Town will vote to transfer $192,909 from the FY2023 Assabet Valley assessment (line 56), said amount to be added to ▇▇▇▇▇▇ Public Schools expenses (line 58); or take any other action relative thereto.
The Assabet Valley Collaborative shall be managed by this collaborative Board of Directors, hereinafter referred to as the “Board”.
The Assabet Valley Collaborative shall create a capital reserve fund to support costs associated with the acquisition, maintenance, and improvement of fixed assets, including real property, pursuant to a capital plan.
Upon withdrawal from the collaborative, a former member district shall not be entitled to any assets or a portion of any assets of the Assabet Valley Collaborative, including any surplus funds that may have been carried over from prior years and any capital reserve fund that may have been established by the Board.
The admission of a new member district to the Assabet Valley Collaborative shall become effective only after the execution and delivery by the current member districts and the applicant school committee or charter school board of an amendment to the collaborative agreement agreeing to be bound by all the terms and conditions thereof, and approval by the Board of Elementary and Secondary Education.
The Assabet Valley Collaborative Board shall manage the educational collaborative and shall be responsible for providing fiduciary and organizational oversight and accountability over the operation of the educational collaborative.
Notwithstanding anything to the contrary contained herein, this Agreement shall be subject to the completion of the conversion of Assabet Valley Bancorp from the mutual to stock form (the “Conversion”) and shall become effective (the “Effective Date”) immediately following the effective date of the Conversion (so that the Conversion will not constitute a Change in Control for purposes of this Agreement).
The Executive Director of the Assabet Valley Collaborative will attend all Board of Directors meetings.
The Board shall establish and manage a fund to be known as the Assabet Valley Collaborative Educational Collaborative Fund (herein, “the AVC fund”).
Each school committee executing this collaborative agreement shall annually appoint the Superintendent of Schools to serve as its representative on the Assabet Valley Collaborative Board of Directors before September 15 of each school year.