Common use of Collaborative Fund Clause in Contracts

Collaborative Fund. 1. The Board shall establish and manage a fund to be known as the Assabet Valley Collaborative Educational Collaborative Fund (herein, “the AVC fund”). 2. The AVC fund shall be the depository of all monies paid by the member districts and non-member districts and all grants, gifts, or contracts from the federal government, state government, charitable foundations, private corporations, or any other source; all such monies shall be paid directly to the collaborative Board and deposited in the fund. 3. The Treasurer, subject to the direction of the Board, shall receive and disburse all money belonging to the collaborative without further appropriation. 4. All payments must be approved by the Board. 5. The Treasurer may make appropriate investments of funds of the collaborative not immediately necessary for operations, consistent with M.G.L. c. 44, § 55B.

Collaborative Fund. 1. The Board board shall establish and manage a fund to be known as the Assabet Valley Collaborative Educational CAPS Education Collaborative Fund (herein, “the AVC CAPS fund”). 2. The AVC CAPS fund shall be the depository of all monies paid by the member districts and non-member districts and all grants, gifts, or contracts from the federal government, state government, charitable foundations, private corporations, or any other source; source; all such monies shall be paid directly to the collaborative Board board and deposited in the CAPS fund. 3. The Treasurertreasurer, subject to the direction of the Boardboard, shall receive and disburse all money belonging to the collaborative without further appropriation. 4. All payments must be approved by the Boardboard. 5. The Treasurer treasurer may make appropriate investments of funds of the collaborative not immediately necessary for operations, consistent with M.G.L. c. 44, § 55B.

Collaborative Fund. 1. The Board board shall establish and manage a fund to be known as the Assabet Valley Collaborative Educational CAPS Education Collaborative Fund (herein, “the AVC CAPS fund”). 2. The AVC CAPS fund shall be the depository of all monies paid by the member districts and non-member districts and all grants, gifts, or contracts from the federal government, state government, charitable foundations, private corporations, or any other source; all such monies shall be paid directly to the collaborative Board board and deposited in the CAPS fund. 3. The Treasurertreasurer, subject to the direction of the Boardboard, shall receive and disburse all money belonging to the collaborative without further appropriation. 4. All payments must be approved by the Boardboard. 5. The Treasurer treasurer may make appropriate investments of funds of the collaborative not immediately necessary for operations, consistent with M.G.L. c. 44, § 55B.

Collaborative Fund. 1. The Board shall establish and manage a fund to be known as the Assabet Valley Keystone Collaborative Educational Fund. The Keystone Collaborative Fund (herein, “the AVC fund”). 2. The AVC fund shall be the depository of all monies paid by the member districts and non-member districts and all grants, gifts, or contracts from the federal government, state government, charitable foundations, private corporations, or any other source; all such monies shall be paid directly to the collaborative Collaborative Board and deposited in the fundFund. 32. The Treasurertreasurer, subject to the direction of the Board, shall receive and disburse all money belonging to the collaborative Collaborative without further appropriation. 43. All payments must be approved by the Board. 54. The Treasurer Treasurer, with the approval of the Board, may make appropriate investments of funds of the collaborative Collaborative not immediately necessary for operations, consistent with M.G.L. c. 44, § 55B.