Common use of ADMINISTRATION AND DISBURSEMENT OF FUNDS Clause in Contracts

ADMINISTRATION AND DISBURSEMENT OF FUNDS. This Agreement establishes an Association that is a public entity with a corporate existence. The Association shall be able to employ and discharge staff; acquire, lease and dispose of real and personal property; xxx and be sued; establish access to services and items of tangible personal property, subject to the Procurement Code; adopt rules pertaining to the administration of all powers and duties of the Association and accept or reject charitable gifts or bequests. The Association is solely responsible for its own debts and obligations. The Association is subject to the Procurement Code and Audit Act. The Association shall be an entity to whom funds shall be paid and from whom funds shall be disbursed for the purposes of procuring the services and property under the terms of this Agreement. All decisions relating to the purposes in Paragraph 1, above, and all procurements of services and property shall be pursuant to, and strictly in accordance with, the Bylaws and Policy as determined by the JPA Membership Board which is composed of a representative from each member. All checks, drafts, or order for the payment of money, notes or other evidences of indebtedness issued in the name of the Association shall be in accordance with Board Policies approved by the JPA Membership Board.

ADMINISTRATION AND DISBURSEMENT OF FUNDS. This Agreement establishes an Association that is a public entity with a corporate existence. The Association shall be able to employ and discharge staff; acquire, lease and dispose of real and personal property; xxx sue and be sued; establish access to services and items of tangible personal property, subject to the Procurement Code; adopt rules pertaining to the administration of all powers and duties of the Association and accept or reject charitable gifts or bequests. The Association is solely responsible for its own debts and obligations. The Association is subject to the Procurement Code and Audit Act. The Association shall be an entity to whom funds shall be paid and from whom funds shall be disbursed for the purposes of procuring the services and property under the terms of this Agreement. All decisions relating to the purposes in Paragraph 1, above, and all procurements of services and property shall be pursuant to, and strictly in accordance with, the Bylaws and Policy as determined by the JPA Membership Board which is composed of a representative from each member. All checks, drafts, or order for the payment of money, notes or other evidences of indebtedness issued in the name of the Association shall be in accordance with Board Policies approved by the JPA Membership Board.