Common use of Reimbursement to City Clause in Contracts

Reimbursement to City. In consideration of providing the services described in Article 2 hereof by the CITY commencing from October 1, 2016, the DDB will compensate the CITY, to the extent funds of the DDB are budgeted and available and eligible for payment in accordance with the Act, three hundred forty three thousand, two hundred three dollars ($343,203.00) as consideration for services provided to the DDB during fiscal year 2016-2017 by the CITY as outlined in the City of Orlando, Florida Full Cost Allocation Plan dated July 2016. The DDB’s payment obligations under this Agreement constitute an obligation to pay and indebtedness in accordance with the Act.

Reimbursement to City. In consideration of providing the services described in Article 2 hereof by the CITY commencing from October 1, 20162020, the DDB will compensate the CITY, to the extent funds of the DDB are budgeted and available and eligible for payment in accordance with the Act,) the amount set forth in the City of Orlando, three Florida Full Cost Allocation Plan issued Summer 2020, estimated to be one hundred forty three fifty-eight thousand, two nine hundred three fourteen dollars ($343,203.00158,914.00) as consideration for services provided to the DDB during fiscal year 2016-2017 2020- 2021 by the CITY as outlined in the City of Orlando, Florida Full Cost Allocation Plan dated July 2016CITY. The DDB’s payment obligations under this Agreement constitute an obligation to pay and indebtedness in accordance with the Act.

Reimbursement to City. In consideration of providing the services described in Article 2 hereof by the CITY commencing from October 1, 20162018, the DDB will compensate the CITY, to the extent funds of the DDB are budgeted and available and eligible for payment in accordance with the Act, three hundred forty three thousand, two hundred three dollars ($343,203.00,) as consideration for services provided to the DDB during fiscal year 2016-2017 by the CITY as outlined amount set forth in the City of Orlando, Florida Full Cost Allocation Plan dated July 2016April 2018, estimated to be two hundred ninety four thousand, six hundred sixty dollars ($294,660.00), as consideration for services provided to the DDB during fiscal year 2018-2019 by the CITY. The DDB’s payment obligations under this Agreement constitute an obligation to pay and indebtedness in accordance with the Act.

Reimbursement to City. In consideration of providing the services described in Article 2 hereof by the CITY commencing from October 1, 20162015, the DDB will compensate the CITY, to the extent funds of the DDB are budgeted and available and eligible for payment in accordance with the Act, three two hundred forty three ninety seven thousand, two six hundred eighty three dollars ($343,203.00297,683.00) as consideration for services provided to the DDB during fiscal year 20162015-2017 2016 by the CITY as outlined in the City of Orlando, Florida Full Cost Allocation Plan dated July 20162015. The DDB’s payment obligations under this Agreement constitute an obligation to pay and indebtedness in accordance with the Act.

Reimbursement to City. In consideration of providing the services described in Article 2 hereof by the CITY commencing from October 1, 20162017, the DDB will compensate the CITY, to the extent funds of the DDB are budgeted and available and eligible for payment in accordance with the Act, three hundred forty three thousand, two hundred three dollars ($343,203.00,) as consideration for services provided to the DDB during fiscal year 2016-2017 by the CITY as outlined amount set forth in the City of Orlando, Florida Full Cost Allocation Plan dated July 20162017, estimated to be three hundred forty seven thousand, six hundred sixty five dollars ($347,665.00), as consideration for services provided to the DDB during fiscal year 2017-2018 by the CITY. The DDB’s payment obligations under this Agreement constitute an obligation to pay and indebtedness in accordance with the Act.