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.

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

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.

Examples of City Contribution in a sentence

• Column 5 shows the actual City Contribution Rate for the fiscal year.

• The purpose of the Risk Sharing Valuation Study (RSVS) is to determine the City Contribution Rate for the fiscal year beginning one year after the valuation date.

• Dr. Chipps holds a doctorate of philosophy degree from the University of Nebraska-Lincoln in educational administration, cur- riculum and instruction with a specialization in management of colleges and universities.

• 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.

More Definitions of City Contribution

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

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 an amount not to exceed $65,550,000, which shall be calculated by adding the Parking Units Purchase Price and $7,500,000 (the amount of the City’s participation in the Streetscapes).

City Contribution means the City will contribute Four Million Dollars ($4,000,000.00) in investment income. In addition to the City Contribution, the City will participate in the purchase of City-Furnished Materials as described in Section 2.2 herein, with the goal of producing One Million Dollars ($1,000,000) in sales tax savings.

City Contribution shall have the meaning assigned to such term in the Ballpark Funding and Closing Agreement.

City Contribution means the Leverage Loan

City Contribution means $500,000,000 funded from (i) the combined Net Bond Proceeds of the issuance of the Special Tax Revenue Bonds, in one or more series, on a taxable and/or tax-exempt basis, the proceeds of which are to be used to pay Project Costs of the Ballpark (excluding any Cost Overruns); and (ii) any Excess Tax Revenues contributed to the payment or reimbursement of Project Costs or the Initial Construction Costs of the Ballpark.