COST AND FUNDING Sample Clauses
COST AND FUNDING. 2.1. It is estimated that that the cost of the Project will be seven hundred fifty four thousand five hundred dollars. ($754,500) broken down as follows: New Drill Tower: $450,000 Old Drill Tower repairs: $95,000 Site/Asphalt work: $186,000 Irrigation costs: $14,000
2.2. It is agreed that each Party will be responsible for one-third (1/3) of the total cost of the Project “Proportional Share.” Based on the estimated total cost each Party would be responsible for two hundred fifty one thousand and five hundred dollars ($251,500). Each Party shall be individually responsible to pay its Proportional Share for any additional costs incurred above the estimated total. Any such additional costs shall be approved in writing and in advance by all Parties. In kind services may be accepted in lieu of charges as deemed acceptable upon mutual agreement in writing by all Parties to this agreement. Commented [BS1]: Monthly, annual, semiannual? Need to specify
2.3. District 4 agrees to provide an initial investment of not to exceed nine-hundred thousand dollars ($900,000) “Initial Investment.” District 4 agrees to transfer monies to Walla Walla concurrent with the Project timeline. Walla Walla and College Place agree to repay their Proportional Share of the Initial Investment to Fire District 4 beginning no later than January 2023. This Proportional Share will include interest equivalent to the annual reported Walla Walla County investment pool interest rate. The interest rate will be calculated based on the interest report from the year prior to the annual payment. Walla Walla and College place agree to repay their proportional share of the Initial Investment in five (5) annual payments beginning in January 2023. In the event any portion of the Initial Investment is not expended prior to the completion of the Facility repairs and upgrades Walla Walla shall refund to District 4 such unused amounts within 30 days of the project close out.
2.4. In the event additional costs beyond the Initial Investment are required, each Party shall pay its Proportional Share of such costs at the time they are due and owing.
COST AND FUNDING. 2.1. It is agreed that each Party will be responsible for one-half (1/2) of the total cost of the Cost of the Agreement with FCS Group as each Party’s “Proportional Share.” Each Party shall be individually responsible to pay its Share for any additional costs incurred above the estimated total. Any such additional costs shall be approved in writing and in advance by all Parties.
2.2. In the event additional costs are required, each Party shall pay its Share of such costs at the time they are due and owing.
COST AND FUNDING. The total cost of ▇▇▇▇▇▇▇ Street and Powderhouse Improvements to the City of Cheyenne shall not exceed $177,000. The funding for the project is the 2019-2022 5th ▇▇▇▇▇ 1% Sales Tax. The City Engineer’s Office shall be filing for reimbursement from adjacent developers under Municipal Code 1.16.080 - Infrastructure improvements - Reimbursement to city.
COST AND FUNDING. The Steering Committee agrees that the BDCP will include an analysis of the costs associated with plan implementation, including one-time and on-going costs. This analysis will be used to determine the level of funding and other resources that will be required to implement the BDCP. The BDCP will identify potential sources of funds for implementation, reflecting the concept of proportionality identified in the Planning Agreement, and will include assurances that adequate funding will be provided to implement the plan over its term.
COST AND FUNDING. 5.1 For co-operative activities each party will bear its own cost in performing co- operative activities in CARE Actions, providing internal staff effort or contributions in kind.
5.2 For collaborative activities funding can be provided in terms of: - Internal staff effort and contributions in kind funded by the Parties; - Financial contributions from the EUROCONTROL Agency investment budget for contracted effort;
COST AND FUNDING. Current estimates for design, permitting, and land negotiation tasks are estimated at approximately $1,000,000. The initial funding contribution for this work from each jurisdiction will be estimated based on the percentages listed in the flow allocations listed in Table 1. Funding contributions per jurisdiction, for construction, and operations and maintenance will need to be assessed and negotiated in an amended MOU or separate agreement. See Future Work below for potential reallocation of contributions. A sample invoice indicating the format for invoices to be sent to the Collaborative is included as Attachment 1.