MADC definition
Examples of MADC in a sentence
In June and December of each year, MADC shall submit a written report to the City, setting forth the specific activities and specific deliverables taken to achieve the obligations outlined in Section 2 of this Agreement.
Any modifications to the list of devices in Equipment Schedule shall be in the form of a mutually-agreed upon electronic notification via email exchange of Supplier’s Move Add Change Delete notification (MADC) or in an amendment mutually agreed upon by the Parties.
MADC shall provide needed support to the MAGIC Fund Screening Committee including receiving, reviewing and conforming all applications with a primary sector nexus for the MAGIC Fund with a recommendation of disposition to the MAGIC Fund Screening Committee; and regularly meet with the MAGIC Fund Screening Committee to assess the overall progress in use of the MAGIC Fund and the status of MAGIC fund projects.
MADC shall provide its monthly MADC board report and supporting documents to the City Manager/Mayor’s Executive Secretary in electronic form and that report can be transmitted to the City Council and the MAGIC Fund Screening Committee by the City.
The City of Minot shall contribute the sum of $365,000 to MADC for the calendar year 2017 and 2018.
The City hereby engages MADC to provide solicitation of employment opportunities and business growth in primary sector businesses as defined by the North Dakota Century Code, and to undertake activities as requested by the City in support of addressing economic and job growth needs.
MADC may not assign any interest in this Agreement without the C ity’s prior, written consent.
MADC shall develop Key Performance Indicators to evaluate program success, and, if necessary, modify MADC’s economic development strategy and approach, with specific attention to the primary sector businesses and changing economic conditions within its service area.
MADC shall establish and maintain a voting position on the MADC board of directors for the Mayor or his or her designee.
The City of Minot hereby engages MADC to provide solicitation of primary sector employment opportunities.