COMPLIANCE WITH CONSENT AGREEMENT. 1. The parties acknowledge that this Contract is subject to Public Act 436 of 2012, MCL 141.1541 to 141.1575 ("Act") and the Consent Agreement between the County and the State Treasurer X.X. Xxxxxx from August 21, 2015 through October 18, 2016 ("Consent Agreement Effective Period"). 2. Upon written request of the County, the Contractor shall promptly and fully provide all necessary and requested assistance and information under the Consent Agreement and under the Act. 3. The Contractor shall promptly provide notice to the County Executive if the Contractor receives a request for assistance by an officer, employee, agency or contractor of the State Department of Treasury. 4. The Contractor shall promptly provide notice to the County Executive of knowledge or information of any action or omission that could be considered, or that could lead to, a failure to comply with or breach of the Consent Agreement or of a violation of state or federal law with respect to a matter relating to the Consent Agreement, including the Open Meetings Act, 1976 PA 267, the Uniform Budget and Accounting Act, 1968 PA 2, or the Emergency Municipal Loan Act, 1980 PA 243, by the County, the County Commission, the County Executive, or another officer of the County, during the Consent Agreement Effective Period. 5. To satisfy Sections 3 and 4, the Contractor shall immediately provide notice to the County Executive by sending an email to xxxxxxxxxxxxxxxx@xxxxxxxxxxx.xxx or by completing the submission form found at xxx.xxxxxxxxxxx.xxx/xx/xxxxxxx-xxxxxxxxx.xxx. 6. If this Contract is considered "Debt" under the terms of the Consent Agreement, it may not be executed or submitted to the County Executive or County Commission for approval until it has been submitted to the County Chief Financial Officer for approval and verification that the required State Treasurer's approval has been received.
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Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions
COMPLIANCE WITH CONSENT AGREEMENT. 1. The parties acknowledge that this Contract is subject to Public Act 436 of 2012, MCL 141.1541 to 141.1575 ("Act") and the Consent Agreement between the County and the State Treasurer X.X. Xxxxxx from August 21, 2015 through October 18, 2016 ("Consent Agreement Effective Period").
2. Upon written request of the County, the Contractor shall promptly and fully provide all necessary and requested assistance and information under the Consent Agreement and under the Act.
3. The Contractor shall promptly provide notice to the County Executive if the Contractor receives a request for assistance by an officer, employee, agency or contractor of the State Department of Treasury.
4. The Contractor shall promptly provide notice to the County Executive of knowledge or information of any action or omission that could be considered, or that could lead to, a failure to comply with or breach of the Consent Agreement or of a violation of state or federal law with respect to a matter relating to the Consent Agreement, including the Open Meetings Act, 1976 PA 267, the Uniform Budget and Accounting Act, 1968 PA 2, or the Emergency Municipal Loan Act, 1980 PA 243, by the County, the County Commission, the County Executive, or another officer of the County, during the Consent Agreement Effective Period.
5. To satisfy Sections 3 and 4, the Contractor shall immediately provide notice to the County Executive by sending an email to xxxxxxxxxxxxxxxx@xxxxxxxxxxx.xxx or by completing the submission form found at xxx.xxxxxxxxxxx.xxx/xx/xxxxxxx-xxxxxxxxx.xxx.
6. If this Contract is considered "Debt" under the terms of the Consent Agreement, it may not be executed or submitted to the County Executive or County Commission for approval until it has been submitted to the County Chief Financial Officer for approval and verification that the required State Treasurer's approval has been received.. APPENDIX A
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