City Contribution definition

City Contribution means legally available money of the City, in addition to proceeds of any Series of Bonds, necessary or advisable to accomplish the Refunding Plan, as determined by the Designated Representative.

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City Contribution is defined in Section 9.3 (1)(b).

City Contribution means the City Roadway Funding as defined in the TIF Agreement. “City Council” means the City Council of City.

Examples of City Contribution in a sentence

• The corpus and earnings generated from such account balance shall be utilized until exhausted to provide stability in the periodic establishment of the City Contribution Rate and in giving to the City greater flexibility in its funding options.

• The rate shall be set to meet the City Funding Requirement, as defined by this Agreement, after consideration of all the City sources of funding, including transfers of funds from the City Budget Stabilization Account, provided however, that the City Contribution Rate shall be at least 7% of Payroll until the entry-age actuarial liabilities of the Plan are fully funded.

• In the event that favorable actuarial events in the future result in the entry age actuarial liabilities of the plan being fully funded and cause the City Contribution Rate before consideration of transfers of funds from the CBSA to fall to a level below 7% of Valuation Payroll, the parties agree to institute a sharing arrangement wherein any reductions in the City Contribution Rate below 7% shall be matched by an equal reduction in the Member Contribution Rate.

• If payments for the individual employee’s selected benefits exceed the City Contribution, the balance will be paid by salary deductions from the pay of the individual employee.

• For eligible active employees who enroll in coverage, the City Contribution, inclusive of the Health Insurance Contribution set forth in Section 6.01(A), shall be tiered, depending on the level of coverage selected by the employee using the CalPERS Rate Sheet for the Kaiser Plans for the Los Angeles Area Region.

More Definitions of City Contribution

City Contribution is defined in Section 4.1.1 of this Agreement.

City Contribution means legally available money of the City from any source other than proceeds of sale of the Bonds that is allocated to carrying out the Refunding Plan.

City Contribution means an amount equal to the sum of (i) the cost of acquiring the Public Land not owned by the City prior to the Execution Date and any improvements thereon at the fair market value determined by appraisal, subject to Section 2.9 plus (ii) the relocation ----------- payments pertaining to the Public Land, up to but not to exceed Fifty Million Dollars ($50,000,000), payable at the election of the City in either cash or land in the Casino Area valued in accordance with the definition of Feehold Compensation.

City Contribution means the City’s financial support for the Project to be paid to

City Contribution means legally available money of the City, in addition to proceeds of the Bonds, that is to be used to carry out the Refunding Plan, as determined by the Designated Representative.

City Contribution means an amount of money equal to $500,000,000, for the payment of the actual Project Costs of the Rangers Ballpark funded from (i) Net Bond Proceeds deposited to the City Project Cost Account and (ii) Excess Tax Revenues deposited to the Excess Tax Revenue Account pursuant to section 5.5 herein.

City Contribution means the amount of at least Ten Million and No/100 Dollars ($10,000,000.00) contributed by the City for the Project.