Operations Costs. The costs of operating the assets assigned to a cost pool shall be included in the cost pool. The annual operations costs of a cost pool shall be the labor, materials, equipment and other direct costs required for the operation and maintenance of the facilities in that cost pool, together with any net profit or expense from the disposition of facilities in that pool. Operations costs shall include the cost of general and administrative overhead applied in a manner consistent with its application to facilities construction projects.
Operations Costs. Each Party is fiscally responsible for all their respective operational activities identified in this Agreement.
Operations Costs. The Authority may fund its operations from rates, fees, tolls, penalties, or charges and with any revenues transferred to the Authority by the Members or others. The amount of money necessary to fund the operations of the Authority shall be determined each year as a part of the budget process.
Operations Costs. For Fire and Emergency Medical Services, Litchfield Park will annually compensate Goodyear 30% of the ongoing Operating Items and Personnel costs (“Operations Costs”) of Goodyear Fire Station 183, which in Year 1 of the Agreement is mutually agreed to be $394,261, as set forth in Exhibit B. Operations Costs shall be annually adjusted on July 1 of each calendar year as detailed below.
Operations Costs. The Authority may fund its operations from rates, fees, tolls, charges or penalties and with any revenues transferred to the Authority by the Members or others. The amount of money necessary to fund the operations of the Authority shall be determined each year as a part of the budget process. The Members intend that the Authority not be considered a “district” subject to Article X, Section 20 of the Colorado Constitution (“XXXXX”) and therefore will not maintain a three percent (3%) emergency reserve as required by paragraph (5)
Operations Costs. Each Sephora Alliance Store will be operated exclusively by Sephora under the direction of Sephora employees and will have its own point-of-sale system and cash wrap. At each AAI Host Store, AAI will be solely responsible for leasing and occupancy costs (such as rent, utilities and insurance) and state and- local building code compliance; and Sephora will be responsible for costs associated with Sephora's operations within the Sephora Alliance Store including, without limitation, employee payroll, taxes, inventory costs, construction costs and all in store merchandising costs (the "Sephora Alliance Store Costs"). If Sephora must sublease the space for the Sephora Alliance Store from AAI, such sublease will be in such form as the parties may mutually agree; provided, however, that Sephora will not be obligated to pay AAI for any occupancy costs.
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Operations Costs. The Members acknowledge that the Authority does not have financial resources to pay for its ongoing operations and administrative costs, such as legal, engineering, architectural, surveying, management, accounting, auditing, insurance, and other
