City Purpose Covenant. (a) Funding Recipient shall make use of all City-Funded Vehicles to provide the services required by Section 4.01(b) below to the people of the City for a period commencing on the date that the City makes the first disbursement of the Funding and ending years from the date that the City makes the final disbursement of the Funding (the “Performance Term”), it being understood and agreed that the records maintained by the City regarding this Agreement shall be final and conclusive evidence as to the date that the City made the first and final disbursement of the Funding.
City Purpose Covenant. Funding Recipient shall make use of each item of Eligible Equipment paid for or intended to be paid for with the proceeds of the Funding for a period of five (5) years from the later of the date hereof and the date each such item of Eligible Equipment is received by Funding Recipient (the “Performance Term”) to provide the following City services, and shall make such services generally available to City inhabitants on a not for profit basis: [Note: SPECIFY SERVICE BEING PROVIDED – THIS IS DIFFERENT FOR EACH ORGANIZATION]. For the duration of the Performance Term Funding Recipient shall take all actions necessary to ensure that such Eligible Equipment is used solely in accordance with the foregoing requirements, and shall not transfer ownership or control (by sale, lease or any other means) of any such Eligible Equipment to any Person, without the City’s prior written consent. (The obligations contained in this Section shall be referred to as the “City Purpose Covenant”). The Funding Recipient agrees to use the Eligible Equipment during standard business hours at least five (5) days a week from 9:00am to 5:00pm. [Note: Verify amount of use based on information provided in the Funding Recipient’s Application. The agency may only revise this requirement on a case-by-case basis.] The provisions of this Section shall survive the expiration or earlier termination of this Agreement, but will expire upon expiration of the Performance Term.
City Purpose Covenant. Funding Recipient shall make use of each item of Eligible Equipment and each Eligible Vehicle paid for or intended to be paid for with the proceeds of the Funding for a period of five (5) years from the later of the date hereof and the date each such item of Eligible Equipment and Eligible Vehicle is received by Funding Recipient (the “Performance Term”) to provide the following City services, and shall make such services generally available to City inhabitants on a not for profit basis: [Note: SPECIFY SERVICE BEING PROVIDED – THIS IS DIFFERENT FOR EACH ORGANIZATION]. For the duration of the Performance Term Funding Recipient shall take all actions necessary to ensure that such items of Eligible Equipment and Eligible Vehicles are used solely in accordance with the foregoing requirements, and shall not transfer ownership or control (by sale, lease or any other means) of any such items of Eligible Equipment and Eligible Vehicles to any Person, without the City’s prior written consent. (The obligations contained in this Section shall be referred to as the “City Purpose Covenant”). The Funding Recipient agrees to use the Eligible Equipment and each Eligible Vehicle during standard business hours at least five (5) days a week from 9:00am to 5:00pm. [Note: Verify amount of use based on information provided in the Funding Recipient’s Application. The agency may only revise this requirement on a case-by-case basis.] The provisions of this Section shall survive the expiration or earlier termination of this Agreement, but will expire upon expiration of the Performance Term.
City Purpose Covenant. For a period of [five (5) for regular vehicles] [ten (10) for ambulances] years from the date that the last Vehicle paid for or intended to be paid for, directly or indirectly, with the proceeds of the Funding is delivered to Funding Recipient (the “Performance Term”), Funding Recipient shall continue to own and use all such Vehicle(s) for the benefit of the City to [
City Purpose Covenant. For a period of five (5) years from the date that the last item of Eligible Equipment paid for or intended to be paid for with the proceeds of the Funding is installed or otherwise received by Funding Recipient (the “Performance Term”), Funding Recipient shall make use of such Equipment to provide the following City services and shall make such services generally available to City inhabitants on a not for profit basis: [
City Purpose Covenant. For a period of [five (5) years for equipment] [five (5) years for regular vehicles] [ten (10) years for ambulances] [INSERT WHICHEVER IS LONGEST] years from the date that the last item of Equipment paid for or intended to be paid for, directly or indirectly with the proceeds of the Funding is installed and, if later, the date that the last Vehicle paid for or intended to be paid for, directly or indirectly, with the proceeds of the Funding is delivered to Funding Recipient (the “Performance Term”), Funding Recipient shall continue to own and use all such Equipment and Vehicle(s) for the benefit of the City to [SPECIFY SERVICE BEING PROVIDED–THIS IS DIFFERENT FOR EACH ORGANIZATION]. Funding Recipient shall take all actions necessary to ensure that all such Equipment and Vehicle(s) are used solely in accordance with the foregoing requirements, and shall not transfer ownership or control (by sale, lease or any other means) of any such Equipment or Vehicles to any Person, without the City’s prior written consent (the obligations contained in this Section shall be referred to as the “City Purpose Covenant”). The provisions of this Section shall survive the expiration or earlier termination of this Agreement.
