PWAC definition
Examples of PWAC in a sentence
Each Party, other than SLCDD, shall provide a Supervisor from its own board to serve on the PWAC.
Pursuant to that report, and in order to fairly withdraw from the PWAC without causing the Remaining Parties any unfair burdens of funding, Village Community Development District No. 12 shall pay $ to SLCDD, which funds shall only be used for future expenses of the PWAC.
As a cost of the PWAC, the SLCDD shall arrange for the inspection of any infrastructure, facilities, land, or any other item proposed to be added as a Project Wide Improvement to Exhibit A.
In lieu of reimbursing HCF for the cost of preparing the legal documents for this transaction, PWAC shall issue to HCF an Equity Consideration Certificate, having a face value of $10,000.
It is the intent of SLCDD to enact, adopt, or put into place those rules, policies, procedures and other actions of the PWAC within the scope of PWAC powers and to approve and enter into those contracts and disburse those funds necessary and proper to implement the actions of the PWAC.
Each Party shall have forty-five days to review and provide input related to the PWAC budget, which input the PWAC shall acknowledge and consider at a public meeting of the PWAC.
Consequently, supervisors serving as a member or alternate on the PWAC shall bear no personal liability for their service on the PWAC if the conduct at issue falls within the conduct protected by the defense and indemnification resolution(s) adopted by her or her respective Board of Supervisors.
In addition, each Remaining Party shall ensure that its supervisors serving as a member or alternate to the PWAC is covered by the Remaining P arty’s directors’ and officers’ liability policy or general liability policy for actions related to the PWAC.
No Party shall threaten personal suit or personal liability against an individual member or alternate of the PWAC if the conduct at issue falls within the conduct protected by the defense and indemnification resolutions adopted by that member or alternate’s Board of Supervisors.
In order to fairly withdraw from the PWAC without causing the Remaining Parties any unfair burdens of funding, Village Community Development District No. 13 shall pay $ to SLCDD, which funds shall only be used for future expenses of the PWAC.