Common use of Acceptance of Gifts Clause in Contracts

Acceptance of Gifts. GRANTS, FUNDS, OR BEQUESTS The Governing Board, on behalf of the Cooperative, shall have the authority to apply for or receive gifts, grants, funds, or bequests. All such monies, property or funds received by the Cooperative shall be the property of the Cooperative, subject to termination provisions set forth in this Agreement. All such monies, property or funds received by municipalities or non-profit entities for the benefit of an individual participating library shall remain the property of the participating library.

Appears in 5 contracts

Samples: County Library Cooperative Interlocal Agreement, County Library Cooperative Interlocal Agreement, www.lakelandgov.net

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