GSA Funding and Contributions. (a) For the purpose of funding the expenses and ongoing operations of the EMA GSA, the Board of Directors shall maintain a funding account in connection with the annual budget process.
GSA Funding and Contributions. (a) For the purpose of funding the expenses and ongoing operations of the CMA GSA, the Board of Directors shall maintain a funding account in connection with the annual budget process.
(b) The CMA GSA may apply for grants and/or loans to fund a portion of the cost of implementing the CMA GSP as the Board may direct.
(c) The Board of Directors may accept Voluntary Contributions from Members or other persons or entities that are not subject to reimbursement by the GSA, and may accept Voluntary Contributions from Members or other persons or entities that are to be reimbursed by the GSA. The Board of Directors will execute a contract with any party making a Voluntary Contribution and such contract will contain the terms under which the CMA GSA accepts the Voluntary Contribution.
(d) The Board of Directors may pursue funding through any means allowable by law, including but not limited to fees and/or charges pursuant to Water Code sections 10730, et seq.
(e) To the extent other funds are not available to pay CMA GSA expenses set forth in the annual budget adopted pursuant to Article 14.1, each Member will pay the following percentage of such expenses: SYWRCD: 50% Buellton: 50% Santa Xxxxxxx: 0%
(f) The GSA will apply funds available in the funding account to CMA GSA expenses identified in the annual budget adopted pursuant to Article 14.1, in the following order:
(i) Voluntary Contributions not subject to reimbursement by the GSA
(ii) Grant funds
(iii) Revenue generated from fees/charges
(iv) Bond proceeds from any bonds issued pursuant to this Agreement
(v) Voluntary Contributions subject to reimbursement by the GSA
(vi) Direct payments from Members made pursuant to Article 14.2(e).
