STIF Formula Fund definition

STIF Formula Fund means up to 90 percent of the Statewide Transportation Improvement funds to be disbursed to Qualified Entities conditioned upon the Commission’s approval of a STIF Plan, pursuant to ORS 184.758(1)(a).
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STIF Formula Fund means the Statewide Transportation Improvement funds to be disbursed to TriMet conditioned upon the Commission’s approval of TriMet’s STIF Plan pursuant to ORS 184.758(2)(a) (effective July 1, 2023) and includes those funds distributed by TriMet as provided in the STIF Plan.
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Examples of STIF Formula Fund in a sentence

  • A Qualified Entity may appeal the Agency’s decision to withhold STIF Formula Fund moneys.

  • Upon the Qualified Entity’s withdrawal, the Agency shall release any STIF Formula Fund moneys accumulated or designated for the Qualified Entity to the STIF Formula Fund for redistribution to other Qualified Entities.

  • During the first STIF Formula Fund Cycle after the enactment of Oregon Laws 2017, chapter 750, a Qualified Entity may reimburse itself for such expenditures contingent upon Commission approval of a STIF Plan that includes these expenses.

  • If a Qualified Entity rescinds its withdrawal, it will be eligible to receive STIF Formula Fund disbursements in the next STIF Formula Fund Cycle, contingent upon Commission approval of its STIF Plan under these rules.

  • If non-STIF funds were used in the original purchase, then only the proportion representing STIF Formula Fund contribution to the purchase are subject to this rule.

  • Qualified Entities eligible to receive STIF Formula Fund moneys may voluntarily withdraw from eligibility.

  • During the first STIF Formula Fund Cycle after the enactment of Oregon Laws 2017, chapter 750, a Qualified Entity may submit its STIF Plan either three months or nine months after the effective date of OAR Chapter 732, Division 042.

  • The STIF Formula Fund is intended to improve public transportation services for current and potential future Oregon transit users by distributing moneys to Qualified Entities.

  • Qualified Entities are not responsible for satisfying Public Transportation Service Providers’ budgetary shortfalls or remedying delays in funding to Public Transportation Service Providers that are due to insufficient STIF Formula Fund revenues or for any other reason beyond the Qualified Entities’ direct control.

  • If disbursements are found to exceed the expenditures, the amount may be carried forward by the Subrecipient into the next STIF Formula Fund Cycle provided that the Commission approves of the funding plan any funds carried forward.

Related to STIF Formula Fund

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Statewide popular election means a general election in which

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Activity Plan means the plan that is developed for each Individual based on their activity assessment. The plan should include strategies for how these activities can become part of the Individual’s daily routines.

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Virginia venture capital account means an investment fund that has been certified by the

  • GP means Gottbetter & Partners, LLP.

  • Deferral Plan means the UGI Corporation 2009 Deferral Plan.

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Distribution Plan means the plan hereafter approved by the MDL Court for the distribution of the Settlement Amount (net of any attorneys’ fees or costs that are awarded by the MDL Court) to Stanford Investors who have had their Claims allowed by the Receiver.

  • B.E.P.D. means an entity certified as a Business enterprise owned or operated by people with disabilities as defined in MCC Section 2-92-586.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • 401(k) Plan has the meaning set forth in Section 6.10.

  • SSP is the amount of the Salary Severance Payment, before the deduction of applicable federal, state and local withholding taxes;

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Delaware Divided LLC means any Delaware LLC which has been formed upon consummation of a Delaware LLC Division.

  • Participating Retail Store means any one of the Australian retail stores trading under the following trading names that is authorised by Breville to sell Participating Products and has been invited by the Promoter to participate in the Promotion:

  • Single member limited liability company means a limited liability company that has one direct member.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • HACCP plan means a written document that delineates the formal procedures for following the hazard analysis and critical control point principles developed by the National Advisory Committee on Microbiological Criteria for Foods.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.