Common use of FUNDING AND APPROPRIATIONS Clause in Contracts

FUNDING AND APPROPRIATIONS. a. In consideration for the commitments made by the URA herein, the City may from time to time appropriate funds to be used by the URA, or on its behalf, in carrying out the development goals set forth in this Agreement and in carrying out those functions and activities provided for in this Agreement. In addition, from time to time during the term of this Agreement, the governing body of the City shall review the progress by the City and the URA, and the financial condition of the URA, and when it is deemed prudent and necessary by the City’s governing body, it shall appropriate additional funds for use by the URA in carrying out the activities provided for herein. While all such decisions, and the appropriation function, shall remain the exclusive province of the City’s governing body, which it may exercise in its sole discretion, the City will consult in good faith with the URA regarding the appropriate level of appropriation, and will, in all events, appropriate sufficient funds to meet all contractual obligations of the URA assumed with the consent of the City. b. The URA shall budget for and pay to the City the annual amount of $ (i) to supplement certain salaries of the City’s economic development staff, (ii) for use of City facilities and (iii) for all services provided to the URA by the City.

FUNDING AND APPROPRIATIONS. a. In consideration for the commitments made by the URA DDA herein, the City may from time to time appropriate funds to be used by the URADDA, or on its behalf, in carrying out the development goals set forth in this Agreement and in carrying out those functions and activities provided for in this Agreement. In addition, from time to time during the term of this Agreement, the governing body of the City shall review the progress by the City and the URADDA, and the financial condition of the URADDA, and when it is deemed prudent and necessary by the City’s governing body, it shall appropriate additional funds for use by the URA DDA in carrying out the activities provided for herein. While all such decisions, and the appropriation function, shall remain the exclusive province of the City’s governing body, which it may exercise in its sole discretion, the City will consult in good faith with the URA DDA regarding the appropriate level of appropriation, and will, in all events, appropriate sufficient funds to meet all contractual obligations of the URA DDA assumed with the consent of the City. b. The URA DDA shall budget for and pay to the City the annual amount of $ (i) to supplement certain salaries of the City’s economic development staff, (ii) for use of City facilities and (iii) for all services provided to the URA DDA by the City.

FUNDING AND APPROPRIATIONS. a. In consideration for the commitments made by the URA herein, the City may from time to time appropriate funds to be used by the URA, or on its behalf, in carrying out the development goals set forth in this Agreement and in carrying out those functions and activities provided for in this Agreement. In addition, from time to time during the term of this Agreement, the governing body of the City shall review the progress by the City and the URA, and the financial condition of the URA, and when it is deemed prudent and necessary by the City’s governing body, it shall appropriate additional funds for use by the URA in carrying out the activities provided for herein. While all such decisions, and the appropriation function, shall remain the exclusive province of the City’s governing body, which it may exercise in its sole discretion, the City will consult in good faith with the URA regarding the appropriate level of appropriation, and will, in all events, appropriate sufficient funds to meet all contractual obligations of the URA assumed with the consent of the City. b. The URA shall budget for and pay to the City the annual amount of $ (i) 25,226 to supplement certain salaries of the City’s economic development staff, (ii) for use of City facilities and (iii) for all services provided to the URA by the City.and