Common use of Contributions and Expenses Clause in Contracts

Contributions and Expenses. a. Members shall share in the general operating and administrative and project costs of operating the Authority, as outlined in the annual budget documents. Each Member shall be responsible for contributing their respective share of such costs either: a) through an agreed upon contribution; b) as determined by any groundwater fee program for the Cosumnes Subbasin that may be developed by the Authority and implemented pursuant to Section 3.6j; or c) as otherwise agreed upon either thru amendment to this agreement, or by way of a separate funding agreement, as described in Section 5.1, above. b. The Board of Directors may approve, from time to time, an advance or contribution to proposed projects or program specific activities. The reimbursement of these startup costs or contributions from subscribing Members will be required once the contemplated project or program is implemented as contained in the project/program agreement, unless of the Board of Directors determines otherwise. c. Project or program specific expenses, performed at the request of, or on behalf of Members shall have dedicated funding sources as described and contained in the project/program agreement. d. It is understood that the Board may arrange for the payment of the expenses of the Authority through some other source, including but not limited to State or federal grants or loans. e. In accordance with Government Code section 6512.1, repayment or return to the Members of all or part of any contributions made by the Members may be directed by the Board at such time, and upon such terms as may be consistent with any indebtedness incurred by the Authority. The Authority shall hold title to all funds and property acquired by it during the term of this Agreement. f. Each Member’s share of costs of the Authority, not otherwise covered by fees directly collected by the Authority, shall be assessed twice yearly, ordinarily in January and May. Such amount shall be delivered to the Treasurer. Members shall pay assessments within thirty days of receiving assessment notice from the Treasurer.

Contributions and Expenses. a. Members shall share in the general operating and administrative and project costs of operating the Authority, as outlined in the annual budget documents. Each Member shall be responsible for contributing their respective share of such costs either: a) through an agreed upon contribution; b) as determined by any groundwater fee program for the Cosumnes Subbasin that may be developed by the Authority and implemented pursuant to Section 3.6j; or c) as otherwise agreed upon either thru amendment to this agreement, or by way of a separate funding agreement, as described in Section 5.1, above. b. The Board of Directors may approve, from time to time, an advance or contribution to proposed projects or program specific activities. The reimbursement of these startup costs or contributions from subscribing Members will be required once the contemplated project or program is implemented as contained in the project/program agreement, unless of the Board of Directors determines otherwise. c. Project or program specific expenses, performed at the request of, or on behalf of Members shall have dedicated funding sources as described and contained in the project/program agreement. d. It is understood that the Board may arrange for the payment of the expenses of the Authority through some other source, including but not limited to State or federal grants or loans. e. In accordance with Government Code section 6512.1, repayment or return to the Members of all or part of any contributions made by the Members may be directed by the Board at such time, and upon such terms as may be consistent with any indebtedness incurred by the Authority. The Authority shall hold title to all funds and property acquired by it during the term of this Agreement. f. Each Member’s share of costs of the Authority, not otherwise covered by fees directly collected by the Authority, shall be assessed twice yearly, ordinarily in January and May. Such amount Member assessment payments shall be delivered to the Treasurer. Members shall pay assessments within thirty days of receiving assessment notice from the Treasurer.