Common use of Fiscal Year Authorization Clause in Contracts

Fiscal Year Authorization. 3 CONTRACTOR understands and agrees that CITY, during any fiscal year, is not 4 authorized to expend money, incur any liability or enter into any contract which, by its 5 terms, involves the expenditure of money in excess of the amounts budgeted as 6 available for expenditure during such fiscal year; and that any contract or agreement, 7 verbal or written, made in violation of this Article is null and void; and that consequently, 8 no money may be paid on such contract or agreement beyond such limits. Nothing 9 contained in this Agreement shall prevent the making of agreements or contracts for 10 periods exceeding one (1) year, but any agreement or contract so made shall be 11 executory only for the value of the services to be rendered or agreed to be paid for in 12 succeeding fiscal years. If the City Council does not appropriate funds for the services 13 under this Agreement by June 30 of each year, CITY shall so notify CONTRACTOR and 14 CONTRACTOR shall suspend services under this Agreement until CITY provides 15 written verification that the funds necessary for CONTRACTOR’s compensation and 16 other necessary expenditures are appropriated and available within the appropriate 17 fiscal year budget.

Fiscal Year Authorization. 3 CONTRACTOR understands and agrees 10 that CITY, during any fiscal year, is not 4 authorized to expend money, incur any liability 11 or enter into any contract which, by its 5 terms, involves the expenditure of money in 12 excess of the amounts budgeted appropriated as 6 available for expenditure during such fiscal 13 year; and that any contract or agreement, 7 verbal or written, made in violation of this Article 14 provision is null and void; and that consequently, 8 no money may be paid on such 15 contract or agreement beyond such limits. Nothing 9 contained in this Agreement shall 16 prevent the making of agreements or contracts for 10 periods exceeding one (1) year, but 17 any agreement or contract so made shall be 11 executory only for the value of the 18 services to be rendered or agreed to be paid for in 12 succeeding fiscal years. If the City 19 Council does not appropriate funds for the services 13 under this Agreement by June 30 30th 20 of each year, CITY shall so notify CONTRACTOR and 14 CONTRACTOR shall suspend 21 services under this Agreement until CITY provides 15 written verification that the funds 22 necessary for CONTRACTOR’s compensation and 16 other necessary expenditures are appropriated and 23 budgeted as available within the appropriate 17 fiscal year budget.

Fiscal Year Authorization. 3 CONTRACTOR understands and agrees that 3 CITY, during any fiscal year, is not 4 authorized to expend money, incur any liability or enter 4 into any contract which, by its 5 terms, involves the expenditure of money in excess of the 5 amounts budgeted appropriated as 6 available for expenditure during such fiscal year; and that any 6 contract or agreement, 7 verbal or written, made in violation of this Article provision is null and void; 7 and that consequently, 8 no money may be paid on such contract or agreement beyond such 8 limits. Nothing 9 contained in this Agreement shall prevent the making of agreements or 9 contracts for 10 periods exceeding one (1) year, but any agreement or contract so made shall 10 be 11 executory only for the value of the services to be rendered or agreed to be paid for in 12 11 succeeding fiscal years. If the City Council does not appropriate funds for the services 13 12 under this Agreement by June 30 30th of each year, CITY shall so notify CONTRACTOR and 14 13 CONTRACTOR shall suspend services under this Agreement until CITY provides 15 written 14 verification that the funds necessary for CONTRACTOR’s compensation and 16 other 15 necessary expenditures are appropriated and budgeted as available within the appropriate 17 fiscal year 16 budget.

Fiscal Year Authorization. 3 CONTRACTOR understands and agrees that CITY, during any fiscal year, is not 4 authorized to expend money, incur any liability or enter into any contract which, by its 5 terms, involves the expenditure of money in excess of the amounts budgeted appropriated as 6 available for expenditure during such fiscal year; and that any contract or agreement, 7 verbal or written, made in violation of this Article is null and void; void and that consequently, 8 no money may be paid on such contract or agreement beyond such limits. Nothing 9 contained in this Agreement shall prevent the making of agreements or contracts for 10 periods exceeding one (1) year, but any agreement or contract so made shall be 11 executory only for the value of the services to be rendered or agreed to be paid for in 12 succeeding fiscal years. If the City Council does not appropriate funds for the services 13 under this Agreement by June 30 of each year, CITY shall so notify CONTRACTOR and 14 CONTRACTOR shall suspend services under this Agreement until CITY provides 15 written verification that the funds necessary for CONTRACTOR’s compensation and 16 other necessary expenditures are appropriated and available within the appropriate 17 fiscal year budget.

Fiscal Year Authorization. 3 CONTRACTOR understands and agrees 31 that CITY, during any fiscal year, is not 4 authorized to expend money, incur any liability or 32 enter into any contract which, by its 5 terms, involves the expenditure of money in excess 33 of the amounts budgeted appropriated as 6 available for expenditure during such fiscal year; year and 34 that any contract or agreement, 7 verbal or written, made in violation of this Article provision is 35 null and void; void and that consequently, 8 no money may be paid on such contract or 36 agreement beyond such limits. Nothing 9 contained in this Agreement shall prevent the 37 making of agreements or contracts for 10 periods exceeding one (1) year, but any 1 agreement or contract so made shall be 11 executory only for the value of the services to 2 be rendered or agreed to be paid for in 12 succeeding fiscal years. If the City Council does 3 not appropriate funds for the services 13 under this Agreement by June 30 30th of each year, 4 CITY shall so notify CONTRACTOR and 14 CONTRACTOR shall suspend services under 5 this Agreement until CITY provides 15 written verification that the funds necessary for 6 CONTRACTOR’s compensation and 16 other necessary expenditures are appropriated and budgeted as 7 available within the appropriate 17 fiscal year budget.