Common use of Payments and Advances, Use of Personnel Clause in Contracts

Payments and Advances, Use of Personnel. Equipment or Property; Exchange of Services. It is hereby agreed that, subject to approval of the Board: (i) contributions from a Member Entity’s treasury may be made for the purposes set forth in this Agreement; provided, however, that no Member Entity shall be required by the Authority to contribute funds to or undertake liability on behalf of the Authority without the consent of the Member Entity; (ii) payments of public funds of a Member Entity may be made to defray the cost of such purposes; (iii) a Member Entity may make advances of public funds to the Authority; (iv) personnel, equipment or property of a Member Entity may be used in lieu of other contributions or advances, however, the Member Entities must agree in advance upon the value to be assigned the personnel, equipment, property or services, with respect to any said contributions or advances; and (v) the Member Entities may exchange services without payment of any consideration other than such services.