Common use of Maintenance Costs and Capital Expenses Clause in Contracts

Maintenance Costs and Capital Expenses. 1. The Fire Board must pay maintenance costs, which are defined as replacing or repairing existing buildings and equipment. 2. The township that owns a building or equipment must pay capital improvement costs, which are defined as adding to or improving buildings or equipment. 3. The Fire Board may recommend the assumption of the cost of a capital expense by all the townships for consideration by the townships. Approval of the expense requires a unanimous vote by the four townships.

Appears in 2 contracts

Samples: Interlocal Fire Department Agreement, Interlocal Fire Department Agreement

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Maintenance Costs and Capital Expenses. 1. The Fire Board Department must pay maintenance costs, which are defined as replacing or repairing existing buildings and equipment. 2. The township that owns a building or equipment must pay capital improvement costs, which are defined as adding to or improving buildings or equipment. 3. The Fire Department Board may recommend the assumption of assume the cost of a capital expense by all the townships for consideration by the townships. Approval of the expense requires a unanimous vote by the four townshipsvote.

Appears in 1 contract

Samples: Interlocal Fire Department Agreement

Maintenance Costs and Capital Expenses. 1. The Fire Board must will pay maintenance costs, which are defined as replacing or repairing existing buildings and equipment. 2. The township Township that owns a building or equipment must will pay capital improvement costs, which are defined as adding to or improving buildings or equipment. 35. The Fire Board may recommend the assumption of the cost of a capital expense by all the townships for consideration by the townships. Approval of the expense requires a unanimous vote by the four townships.

Appears in 1 contract

Samples: Interlocal Fire Department Agreement

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Maintenance Costs and Capital Expenses. 1. The Fire Board must will pay maintenance costs, which are defined as replacing or repairing existing buildings and equipment. 2. The township that owns a building or equipment must will pay capital improvement costs, which are defined as adding to or improving buildings or equipment. 3. The Fire Board may recommend the assumption of the cost of a capital expense by all the townships for consideration by the townships. Approval of the expense requires a unanimous vote by the four townships.

Appears in 1 contract

Samples: Interlocal Fire Department Agreement

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