County Funding. A. The County has delegated to the Health Services Director the discretion to transfer to the District an amount up to Six Million Dollars ($6,000,000). The only purpose for which these funds may be distributed to the District is to support ongoing operations of DMC. The funds may only be distributed between July 1, 2014, and December 31, 2014, and may be distributed in one or more installments. The funds will not be transferred to the District if the District is not in compliance with all provisions of this Agreement, including without limitation, Section 3.C. above.
B. If the Health Services Director, in his sole discretion, determines to distribute all of the Six Million Dollars ($6,000,000) to the District to support ongoing District operations, the County Auditor will then allocate and transfer to County from year to year, pursuant to this Agreement, the entirety of the general ad valorem property tax revenues that otherwise would be collected and allocated to District, as authorized by R&T Code Section 99.02, until the sum of all such allocations are equal to the amount of Eight Million Two Hundred Thousand Dollars ($8,200,000), in the manner described in Section 2A of this Agreement
C. If the Health Services Director, in his sole discretion, determines to distribute more than $0 but less than Six Million Dollars ($6,000,000) to the District, and the County Board of Supervisors confirms that decision, the County will provide written notice to the District and the Auditor of the revised County Transfer Amount and will direct the Auditor to allocate and transfer to the County a pro rata reduced New Property Tax Transfer Amount. For example, if the County Transfer Amount is only Three Million Dollars ($3,000,000), or one-half of the full Six Million Dollars ($6,000,000), the New Property Tax Transfer Amount will be Four Million One Hundred Thousand Dollars ($4,100,000), or one-half of the full Eight Million Two Hundred Thousand Dollars ($8,200,000). District hereby authorizes the County to unilaterally instruct the Auditor to make a pro rata reduction to the New Property Tax Transfer Amount if the County Transfer Amount is less than Six Million Dollars ($6,000,000).
D. If the Health Services Director, in his sole discretion, determines that no part of the Six Million Dollar ($6,000,000) allocation will be distributed to the District (i.e., the County Transfer Amount is $0), and the County Board of Supervisors confirms this decision and provides written ...
County Funding. County agrees to provide funding upon receipt of all non- confidential reports submitted by HumanKind Ministries when requesting reimbursement from the City, along with proof of payment by the City to HumanKind Ministries for such reimbursement. Such funding will be 29.2% of the amount paid by City to HumanKind Ministries pursuant to the City Agreement, attached hereto and made a part hereof as Appendix B. The total amount of funds provided by County to City under this Agreement shall not exceed $200,000.00.
County Funding. County’s total funding commitment under this Agreement shall not exceed $330,000, and shall be used solely for the acquisition of the Property and for no other purpose. County’s funding commitment under this Agreement is contingent on continued availability of sufficient eligible funding. All costs, fees, and expenses for acquisition and development of the Property as required under this Agreement beyond $330,000 are Grantee’s responsibility. Nothing shall make County liable for payment of any costs, fees, or monies in excess of the County Grant. The County Grant shall be made in a lump sum, and shall be deposited into the escrow for Grantee’s acquisition of the Property, contingent on satisfaction of the conditions of this Agreement. The County Grant will only be provided concurrent with Grantee’s acquisition of the Property and recordation of the Agreement Affecting Real Property (as required under Section 13 below) through escrow in accordance with the terms of this Agreement. The acquisition of the Property shall occur through an escrow established with an escrow agent mutually acceptable to County and Grantee, and County shall provide written escrow instructions to the approved escrow agent with respect to the County Grant and this Agreement.
County Funding. Dauphin County, in its sole discretion, may appropriate funds to the Program from time to time. Nothing herein shall be construed to require Dauphin County to make appropriations, or to guarantee any level of appropriation, to the Program. The award of Program grants shall be made in the sole discretion and approval of the County Board of Commissioners, upon recommendation of its Planning Commission and the WREP Advisory Committee.
County Funding. If there is proposed funding from Dakota County or Xxxxx County which is to be satisfied from the annual property tax levy, such proposed funding shall not become the obligation of either county unless and until the respective county has agreed to the funding as part of the county’s annual budget and levy process pursuant to Minn. Stat. § 275.065. If there is proposed funding from Dakota County or Xxxxx County which is not to be satisfied from the annual property tax levy, such funding shall not become the obligation of either county until the respective county has agreed by resolution to the funding. Any proposed funding from Dakota County or Xxxxx County which has been included within the county’s levy or which has been approved by resolution of the Dakota County or Xxxxx County board of commissioners shall constitute an assessment against the county and shall be paid over to the VRWJPB pursuant to its terms, this Agreement, and as required by law.
County Funding. Nothing in this Cooperative Agreement shall be construed to require the expenditure of COUNTY funds, except as specifically provided herein and authorized by the Governing Board of the COUNTY.
County Funding. Pursuant to terms outlined within the hereinabove agreement the County will reimburse City for the costs of improving the roads up to a total reimbursable cost of One Million Five-Hundred Thousand Dollars ($1,500.000.00).
County Funding. The COUNTY’s responsibilities under this AGREEMENT are contingent upon the appropriation of funds required for the COUNTY’s Road Work.
County Funding. The County agrees to provide funding to Integral for the rehabilitation of the Xxxxxxx School building and construction of low-moderate income senior housing pursuant to SL 2005-172 and N.C.G.S. 153A-376(a)(1) in the amount of $1,500,000. The Development Agreement will set forth the timing and method of payments.
County Funding. The County hereby agrees to contribute to the Authority the amount of Three Million Dollars ($3,000,000) for the express limited purpose of funding the Project Costs (the “County Contribution”) as follows:
(i) The County shall pay to the Authority, within 30 days of the Effective Date of this Agreement, the sum of Three Hundred Thousand Dollars ($300,000) (the “Initial County Contribution”) from any legally available funds of the County.
(ii) The County shall pay to the Authority, on or before December 31, 2021, the sum of Two Million Seven Hundred Thousand Dollars ($2,700,000) (the “Remaining County Contribution”) from any legally available funds of the County in accordance with the following schedule: 2020 $1,400,000 2021 $1,300,000
(iii) The Initial County Contribution and Remaining County Contribution shall be made in a manner mutually agreeable to the County and the Authority, which may include wire transfers.
