Common use of Draft Operating and Maintenance Partnership Budget Clause in Contracts

Draft Operating and Maintenance Partnership Budget. The Commission shall annually prepare a draft budget for the ensuing fiscal year, including provisions for any installment of principal or interest to become due in such fiscal year on any bonds or other evidence of indebtedness of the Partnership and any other Capital Costs to be apportioned to the Member Towns. The Commission shall mail (or email if requested) a copy thereof to the Chairman of the Sewer Commission or Board having such authority and to the Board of Selectmen of each Member Town, on or before November 1st, and in such detail as the Commission may deem advisable.

Draft Operating and Maintenance Partnership Budget. The Commission shall annually prepare a draft budget for the ensuing fiscal year, including attaching thereto provisions for any installment of principal or interest to become due in such fiscal year on any bonds or other evidence of indebtedness of the Partnership and any other Capital Costs to be apportioned to the Member Towns. The Commission shall mail (or email if requested) a copy thereof to the Chairman of the Sewer Commission or Board having such authority and to the Board of Selectmen of each Member Town, on or before November 1st, and in such detail as the Commission may deem advisable.