Regional City definition
Examples of Regional City in a sentence
Should the Consumers’ Price Index for the Regional City of Toronto, as measured by Statistics Canada (1986=100) (the “CPI”), be greater than three percent (3%) for calendar year 2001, the percentage increase effective January 12, 2002 will be the same as the percentage increase for CPI for calendar year 2001.
INFLATION PROTECTION Should the Consumers’ Price Index for the Regional City of Toronto, as measured by Statistics Canada (1986=100) (the “CPI”), be greater than three percent (3%) for calendar year 2000, the percentage increase effective January 12, 2001 will be the same as the percentage increase for CPI for calendar year 2000.
Each of the Directors and Alternate Directors appointed by a Regional City Group shall be from one of the incorporated cities within such Regional City Group that has become a Member, and shall represent the interests of all the cities in its Regional City Group.
Those cities identified in subsections 1 through 3 in Section 2.01 are excluded from participating in, or affecting the membership calculations of any Regional City Group.
If one or more additional cities from within such Regional City Group become Members of the Authority, such that the required number of cities within that Regional City Group are Members for purposes of appointing a Director, as specified in the applicable Exhibit A through D, the Regional City Group shall regain its ability to appoint a Director to the Board.
If an eligible city has paid an Initial Membership Fee of Five Thousand Dollars ($5,000.00) because the required number of cities within its Regional City Group did not become Members within the Initial Membership Period, its payment shall be credited toward the applicable Regional City Group’s Subsequent Membership Fee, as defined in Section 5.01(b).
If the required number of cities within a Regional City Group do not become Members during the Initial Membership Period, such Regional City Group shall lose its right to appoint a Director to the Board.
The City Managers representing the Member cities within a Regional City Group will determine which city will represent the Regional City Group, determine how the Member cities will provide input to the chosen representative Director and Alternate Director, and how the Member cities will share and pay the Initial Membership Fee and the Annual Fee thereafter.
Each Regional City Group shall make reasonable efforts to appoint its Director and Alternate Director within fifteen days of the date it has satisfied the requirements of subsections (i) and (ii) of this subsection 2.02(b).
It will operate within the wider investment planning framework, ensuring an effective flow of funding and powers between National, Regional, City Region and Local levels.