Certification of Reimbursable Costs Sample Clauses

Certification of Reimbursable Costs. MTI shall, from time to time, submit to the City Finance Manager, Certificates of Reimbursable Project Costs and accompanying documentation, in a form substantially consistent with Exhibit C, certifying costs incurred in connection with the Development which are reimbursable under the TIF Act; provided, however, that MTI shall only be eligible for reimbursement of those costs for the Development as specifically set forth in Subsection 3.C. Certificates of Reimbursable Project Costs shall be accompanied by project expenditure summaries, as prepared by MTI, with appropriate supporting documentation. The Finance Manager shall have fourteen (14) business days, after receipt of such information from MTI, to recommend approval or disapproval, in writing, to the City Council of such request for reimbursement and, if recommending disapproval of a request, to provide MTI in writing, two (2) weeks prior to action by the City Council, a detailed explanation as to why such reimbursement should be disapproved in whole or in part. Any approved request shall be submitted to the City Council for approval within 30 days of the request and paid within 7 days following approval of the City Council. In the event the City denies a request for reimbursement, the City shall promptly notify MTI in writing, specifying the item(s) denied and the reason therefor. MTI shall have the right to cure the cause of the denial and resubmit its application for reimbursement, detailing the action taken to cure the defect. In the event the resubmission is denied, MTI may appeal to the City Attorney and City Manager who shall meet and confer with MTI to attempt to resolve the cause of the denial. If the matter is not resolved, MTI may further appeal to the City Council, whose decision shall be final.
Sample 1
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Related to Certification of Reimbursable Costs

  • Allowable Costs and Audit Requirements 11 4.1 ALLOWABLE COSTS 11 4.2 AUDITS AND FINANCIAL STATEMENTS 11 4.3 SUBMISSION OF AUDITS AND FINANCIAL STATEMENTS 12 ARTICLE V. WARRANTY, AFFIRMATIONS, ASSURANCES AND CERTIFICATIONS 12 5.1 WARRANTY 12 5.2 GENERAL AFFIRMATIONS 13 5.3 FEDERAL ASSURANCES 13 5.4 FEDERAL CERTIFICATIONS 13 5.5 STATE ASSURANCES 13 ARTICLE VI. INTELLECTUAL PROPERTY 13 6.1 OWNERSHIP OF WORK PRODUCT 13 6.2 GRANTEE’S PRE-EXISTING WORKS 14 6.3 THIRD PARTY IP 14 6.4 AGREEMENTS WITH EMPLOYEES AND SUBCONTRACTORS 14 6.5 DELIVERY UPON TERMINATION OR EXPIRATION 14 6.6 SURVIVAL 15 6.7 SYSTEM AGENCY DATA 15 ARTICLE VII. PROPERTY 15

  • Allowable Costs Allowable Costs are restricted to costs that comply with the Texas Uniform Grant Management Standards (UGMS) and applicable state and federal rules and law. The Parties agree that all the requirements of the UGMS apply to this Contract, including the criteria for Allowable Costs. Additional federal requirements apply if this Contract is funded, in whole or in part, with federal funds.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Reimbursable Expenses If the Compensation Table set forth in Attachment C of this Approved Service Order states that the City will reimburse the Consultant for expenses, then only the expenses identified in Subsection 10.5.3 of the Master Agreement are Reimbursable Expenses unless the following box is marked and additional reimbursable expenses are set forth: In addition to the expenses identified in Subsection 10.5.3 of the Master Agreement, the following expenses are Reimbursable Expenses: Additional Reimbursable Expense(s) Mark-up

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