COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $7,242.00 per eligible net new job created by the Assisted Business for documented costs with reimbursement not to exceed a total of
a) An eligible net new job is defined as the following:
i) A new job to the company that was created or filled on or after January 10, 2018;
ii) Have at a minimum, an average of thirty-five (35) working hours per week on an annual basis; and
iii) The job pays wages that meet or exceed $18.99 per hour, including the value of employee benefits that meet the requirements of the Employee Retirement Income Security Act of 1974, 29 U.S.C. 1001, et seq. The County will not reimburse the Assisted Business for any costs incurred prior to January 10, 2018, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’s records. The Assisted Business shall satisfy the matching funds requirements consistent with the purposes expressed in the County’s application and shall meet or exceed the 1:2 required match ratio.
a) The Process for reimbursement of the Assisted Business’s eligible costs and expenses shall be as follows:
i) The Assisted Business will request reimbursement from the County or its representative by submitting all information set forth in Section 3: REPORTING of this contract.
ii) Within ten business days of receiving a complete request for reimbursement from the Assisted Business, and based on those documents, the County or its representative will submit a pre-approval Request for Payment to the Department.
iii) After pre-approval is granted, the County will submit a final Request for Payment to the Department.
iv) The County or its representative will then reimburse the Assisted Business the full amount received from the Department for each eligible expense submitted and approved by the Department. The Assisted Business acknowledges and understands that reimbursement as described above is contingent and dependent upon proper and timely completion of the Project, timely submittal of all required documentation, timely reporting as set forth in Section 3, approval by the Department of all reimbursement payments, and compliance with all terms and conditions hereunder.
COMPENSATION AND CONSIDERATION. 4.1 For City elections that are to be conducted contemporaneously with a countywide General election, pursuant to this Agreement and to action of the Board of Commissioners on August 3, 2016, the City will not be charged for the cost of said election.
4.2 For City elections that are to be conducted contemporaneously with a countywide Special election, the City will share in the costs of conducting the election, plus a 10% administrative fee of the actual election costs based on the municipality’s pro-rata share of the number of electors in the municipality versus the total number of electors in the County. The City will pay the actual cost of such election based on a budget prepared in accordance with the form attached hereto as Exhibit B.
i) An estimate of the City’s pro-rata share of the election costs based on the number of electors will be provided to the City and 75% of that amount is due to the County ninety (90) days prior to Election Day.
ii) Following the election, the actual costs of the election will be determined, as well as the City’s pro-rata share of the actual costs.
iii) If based on the estimated election, costs a refund is due to the City, said refund will issue within ninety (90) days after the election.
iv) If based on the estimated election costs the City owes the County an additional amount for the election, the County will issue an invoice for that amount which is due and payable within thirty (30) days of receipt.
4.3 For City elections that are not conducted contemporaneously with any countywide election, the City will pay the actual cost of such election based on a budget prepared in accordance with the form attached hereto as Exhibit B.
i) The City will pay the County the sum determined in Exhibit B for the election to be maintained in a separate election account. Said amount is due ninety (90) days prior to Election Day.
ii) Following the election, the actual costs of the election will be determined.
iii) If based on the payment made in compliance with Exhibit B a refund is due to the City said refund will issue within ninety (90) days after the election.
4.4 Failure to timely remit the funds owed will result in a 10% per month penalty.
COMPENSATION AND CONSIDERATION. Pursuant to this Agreement and O.C.G.A. § 21-2-2-45(c) now and as it may be amended hereafter, the City shall pay to the County all costs incurred in performing the functions agreed upon herein. City agrees to pay County the actual costs incurred by County in conducting City Elections as stated on the County’s invoice. City shall remit said funds to County within thirty (30) days of receipt of invoice.
COMPENSATION AND CONSIDERATION. The total amount to be reimbursed to the Assisted Business under the Contract shall be up to $115,000 $175,000 per eligible net new job created by the Assisted Business, for documented costs with reimbursement not to exceed a total of $105,800 $161,000 for the entire Contract. The City of Bozeman will not reimburse the Assisted Business for any costs incurred prior to July 1, 2020, nor for any expenses not included in the approved budget or not clearly and accurately supported by the Assisted Business’s records.
a) The City of Bozeman will authorize the Assisted Business to draw up to $105,800 $161,000 (total BSTF award, minus grant administration) against the funding reserved for the Assisted Business by the Department. Unless otherwise authorized by the City of Bozeman, the Assisted Business may receive grant funds periodically over the Contract period only upon documenting the expenditure of the required matching funds and the creation of the eligible net new jobs by the Assisted Business, and after incurring eligible expenses.
b) If the City of Bozeman, determines that the Assisted Business has failed to satisfactorily carry out the duties and responsibilities under the Contract, the City of Bozeman may revoke the Assisted Business's ability to access additional funds until such time as the Government and the Assisted Business agree on a plan to remedy the deficiency.
c) The City of Bozeman, may recapture funds and return funds to the Department if: • At the end of the contract period the Department has overpaid based on the number of net new jobs at the end of the contract period; or • The Assisted Business ceases operations at the Project Site within the contract period.
d) The City of Bozeman, reserves the right to withdraw a commitment for any BSTF funds which remain un-disbursed at Contract closeout or at the end of the Contract period.
e) The Assisted Business certifies that no request for reimbursement submitted for eligible expenses under this Contract shall duplicate any expense submitted to the Department for reimbursement under any other program administered by the Department.
COMPENSATION AND CONSIDERATION. This Article has been amended to reflect the Xxxxxx County Board of Commissioners’ action of August 7, 2019. Hereby, Article 4 and Exhibit B of the existing agreement shall be amended as follows:
4.1 For City elections that are to be conducted contemporaneously with a countywide General, Special or Run-off election, pursuant to this Agreement and to action of the Board of Commissioners on August 7, 2019, the City will not be charged for the cost of said election.
4.2 For City elections that are not conducted contemporaneously with any countywide election, the City will pay based on a budget prepared in accordance with the form attached hereto as Exhibit B.
i) The amounts in Exhibit B will be calculated based on a charge of $2.96 per voter for municipal general elections and special general elections, and a charge of $2.46 per voter for any necessary municipal runoff elections and special runoff elections.
ii) Payment of estimated fees due to Xxxxxx County is due upon execution of the agreement.
iii) Following the election, the final fees due to Xxxxxx County will be determined.
COMPENSATION AND CONSIDERATION. (a) Pursuant to this Agreement Temple shall pay to Villa Rica a monthly fee as shown in Exhibit "A" which is attached hereto. The monthly fee for year one will be $6,819.00; $6,233.00 for year two; and $6,402.00 for year three. Villa Rica shall invoice for the monthly amount on the of each month and Temple shall pay the invoice no later than the of each month.
COMPENSATION AND CONSIDERATION. 2.1 For the services to be rendered pursuant to this Agreement, Clarkston shall be remitted a flat fee of $600 dollars per month for one court session of up to 15 cases.
2.2 The remittance referenced in section 2.1 shall be paid to Clarkston on or before 15th day of the month following each court session.
COMPENSATION AND CONSIDERATION. 2.1. Company hereby engages Consultant to perform the Services with Buyer solely concerning the Transaction and for no other purpose. As compensation and in full payment and consideration of all Consultant’s services rendered hereunder, Company shall pay Consultant a fee (the “Fee”) solely in the event of a closing of the Transaction and solely in the event Company receives payment of the Purchase Price (as defined below). The Fee shall be calculated as follows:
(a) The total Fee shall equal: $110,000.00 + (0.0025 x Purchase Price)
(b) Payment of the Fee. Consultant will receive one-third (33%) of all distributions to the Company until the total Fee (Section 2.1 (a)) is paid to Consultant, after which 100% of distributions shal be paid to the Company. Consultant will be paid no later than seven (7) days after Company’s receipt of Purchase Price installments.
COMPENSATION AND CONSIDERATION. 3.1 In consideration of the City’s agreements to waive and release any possible legal claim to proceeds of the Series 2001 Bonds and Series 2006 Bonds beyond the Grants, to use the Grants, as specified below only in the specific manner provided, to execute the Tax Certificate attached hereto as Appendix 2, and to meet those certain other requirements set forth herein, the County shall make three Grants to the City to be used as follows:
3.1.1 The County will make a one-time Grant to the City in the amount of Three Million Two Hundred Thousand dollars ($3,200,000.00) to be used toward the construction and development of the Dunwoody Renaissance-5 Acre Park. If any funds from this Grant remain after completion of such construction and development of the Dunwoody Renaissance-5 Acre Park, those remaining funds shall be used by the City only for Capital Expenditures for Park Projects that will benefit all DeKalb County residents, as determined in accordance with Section
COMPENSATION AND CONSIDERATION. 3.1 Pursuant to this Agreement, the City shall retain all Payments collected under the Ground Lease.
3.2 The City shall be responsible for all costs of collection and enforcement of any Payments under the Ground Lease.
3.3 In consideration of the Authority’s transfer to the City of the administration of the Ground Lease, the City shall pay the Authority the sum of two thousand three hundred and fifty dollars ($2,350.00). Such fee shall be due and payable within five (5) business days of the City’s receipt of the Ground Lease Tenant’s Commencement Fee, as defined in Paragraph 1 of the Ground Lease.
