Reimbursement to County. In exchange for the COUNTY hiring the intern(s) to perform projects as described in the approved County Grant Application and to learn about the operations of county government, the FOUNDATION shall provide reimbursement to the COUNTY as follows:
Reimbursement to County. Event Contractor shall reimburse County for any amount of funds expended by County in connection with an event which does not occur as a result of any act or omission by Event Contractor.
Reimbursement to County. Inverness shall execute separate sidewalk construction reimbursement agreements with the properties adjacent to the Project, namely 167 and 000 Xxxxxxxxx Xxxxx Xxxx. Contingent upon Inverness’ receipt of monies from 167 and 000 Xxxxxxxxx Xxxxx Xxxx pursuant to said reimbursement agreements, Inverness shall reimburse the County its 26.35% share of the actual costs of constructing the sidewalks on the above described properties no later than 30 days after the date on which the County approves the final development plans for both 167 and 000 Xxxxxxxxx Xxxxx Xxxx. Xxxxxxxxx has no obligation to pay Arapahoe County any reimbursement for the costs of constructing any walls that are part of the Project. The maximum reimbursement to the County from Inverness shall be $100,000. This provision shall remain in effect and the County shall be reimbursed even with any future annexations of either one or both of the two properties (167 and 000 Xxxxxxxxx Xxxxx West) and/or the roadway rights of way adjacent to these properties.
Reimbursement to County. CITY shall reimburse COUNTY for any costs/expenses incurred by COUNTY attributable solely to the MUNICIPAL COURT CLERK’S (including the MUNICIPAL COURT CLERK’S staff) jury administration system support and/or training. CITY shall reimburse COUNTY for any damage, corruption, loss of data or other harm done to the jury administration system, including, without limitation, all of COUNTY’S repair, recovery or replacement related costs/expenses, which are incurred as a result of the MUNICIPAL COURT CLERK’S (or the MUNICIPAL COURT CLERK staff’s) negligence or intentional conduct, including, without limitation, the jury administration system software and/or data base(s). The CITY shall be responsible for prompt reimbursement payment(s) of any payment(s) made by the COUNTY for any past-due, current or future jury administration services costs/expenses/charges that are attributable to the MUNICIPAL COURT CLERK’S (including the MUNICIPAL COURT CLERK’S staff) training and/or support for the use of the jury administration system. Such as, without limitation, the payment(s) made by the COUNTY for the MUNICIPAL COURT CLERK’S past, present or future use of the Pioneer Technology jury administration software or successor software. Payment by CITY to COUNTY shall be made in full, by check, payable and mailed to White Pine County Treasurer within thirty (30) days from presentation by COUNTY of a written invoice/bill for the COUNTY’S costs/expenses incurred under this article or this AGREEMENT.
Reimbursement to County. The City shall pay to the County (the “County Payment”) an amount equal to either (a) Six Million Two Hundred Twenty-Six Thousand Eight Hundred Thirty-One and 00/100 Dollars ($6,226,831.00) solely from Transportation Impact Fees received by the City from properties constituting the Development located within the City, or (b) Ten Million Eight Hundred Twenty- Three Thousand Eight Hundred Sixty-Eight and 00/100 Dollars ($10,823,868.00) solely from Transportation Impact Fees received by the City from properties constituting the Development located within the City if the Osceola Parkway Extension is removed from the Central Florida Expressway Master Plan within five (5) years after substantial completion of the Road Improvements or December 31, 2030, whichever occurs later, “Time Frame.” If the Osceola Parkway Extension is not removed from the Central Florida Expressway Master Plan within the Time Frame, the City’s obligation to fund the difference between subsection (a) and subsection (b) terminates and the City has no further liability related thereto. In the event the Osceola Parkway Extension is removed from the CFX Master Plan within the Time Frame, the County Payment shall be equal to Ten Million Eight Hundred Twenty-Three Thousand Eight Hundred Sixty-Eight and 00/100 Dollars ($10,823,868.00), and the City shall be responsible for delivering such additional installment of the County Payment no later than the date which is ten (10) years after the date that CFX has removed the Osceola Parkway Extension from its Master Plan (on the condition that the Osceola Parkway Extension is not reinserted back into the Master Plan during said ten (10) year period), (the “County Payment Deadline”). The County Payment under subsection (a) shall be paid by the City to the County in installments, upon commencement of construction of the Roadway Improvements, pursuant to a requisition for payment to be issued by the County to the City on a quarterly basis which shall include reasonable backup documentation supporting the actual costs incurred by the County. The anticipated schedule for said installment payments under subsection (a), based on the projection of costs to be incurred by the County is set forth herein as Exhibit “D” (the “Estimated Requisition Schedule”). Notwithstanding the foregoing, however, in no event shall
(a) the City be required to remit any portion of the County Payment prior to the City’s actual receipt of Transportation Impact Fees from TDCP in conne...
Reimbursement to County. FORA's obligation to reimburse the County is contingent upon the development market and FORA's corresponding collection of development fees. Development fees collected under the FORA Community Facilities District are the only source of funds obligated for reimbursement under this Agreement. FORA shall reimburse the County for costs incurred from July 1, 2005 through Project completion.
Reimbursement to County. It is understood that the costs of training and education necessary for an employee to gain and maintain specific job-related knowledge, skills, licenses and/or certifications are incurred by County in anticipation of a return on that investment. An employee who fails a course, fails to complete a course paid for by County, takes a voluntary demotion, or leaves employment with County will reimburse County for the full or prorated cost of any training, including lodging and travel expenses according to the following schedule: Employees who retire pursuant to FRS requirements and who have successfully completed a course per the requirements in Article 28.5 will be exempt from reimbursement to County. By virtue of this Agreement, employee will be deemed to have agreed to such reimbursement and to have such reimbursement withheld from his final paycheck. If such withholding is insufficient to cover the full cost of reimbursement, the County may pursue collection of monies due by other lawful means.
Reimbursement to County. It is understood that the costs of training and education necessary for an employee to gain and maintain specific job-related knowledge, skills, licenses and/or certifications are incurred by County in anticipation of a return on that investment. An employee who fails a course, fails to complete a course paid for by County, takes a voluntary demotion, or leaves employment with County will reimburse County for the full or prorated cost of any training, including lodging and travel expenses according to the following schedule: Within 1 (one) year 100% Within 2 (two) years 75% Within 3 (three) years 50% Employees who retire pursuant to FRS requirements and who have successfully completed a course per the requirements in Article 28.5 will be exempt from reimbursement to County. By virtue of this Agreement, employee will be deemed to have agreed to such reimbursement and to have such reimbursement withheld from his final paycheck. If such withholding is insufficient to cover the full cost of reimbursement, the County may pursue collection of monies due by other lawful means.
Reimbursement to County. (1) The Reimbursement Amount to be paid to the County shall be an amount equal to the Aggregate Debit less the Aggregate Credit (if that calculation yields a positive number) determined as of the Reimbursement Date; provided, however, that if at any time prior to the Reimbursement Date (a “Prior Date”) the Aggregate Credit shall exceed the sum of the Aggregate Debit as of that Prior Date plus the sum of the annual Debits that would accrue each year from the Prior Date until final redemption of all outstanding Tax Revenue Bonds, then the Developer’s obligation to pay the Reimbursement Amount shall be satisfied and discharged, and the Developer thereafter shall have no continuing obligation in respect of the Reimbursement Amount. Solely for purposes of calculating the annual Debits that would accrue after a Prior Date as set forth in this paragraph 5(m)(1), the Discount Rate for any such period after a Prior Date shall be deemed to be the average of the CPI-U for each year from the first year that any Tax Revenue Bonds are issued up to the Prior Date.
(2) Each calendar year, beginning at such time as the Tax Revenue Bonds are issued and ending on the Reimbursement Date, the debt service paid on Tax Revenue Bonds in that year plus the County Return Hurdle will be subtracted from the Gross Incremental Tax Revenues paid to the County that year and the result of that calculation will be the Annual Increment for that year.
(3) Beginning on the Reimbursement Date, the Reimbursement Amount, as determined by performing the calculation set forth above in paragraph 5(m)(1), shall be paid to the County.
(4) A hypothetical illustration of the mechanics of how the Reimbursement Amount will be calculated is as follows: Average Discount Rate 2.5% ($000s) 2010 2011 2012 2013 2014 (0) 0000 0000 0000 0000 Real Property Tax Increment $ 500 $ 750 $ 1,000 $ 1,500 $ 4,459 $ 2,807 $ 4,962 $ 5,121 $ 5,285 Sales Tax Increment - - - - 3,044 3,353 3,453 3,557 3,663 BPOL Tax Increment - - - - 716 774 798 822 846 Personal Property Tax Increment - - - - 328 338 348 358 369 Transient Occupancy Tax Increment - - - - 234 328 355 366 377 Gross Incremental Tax Revenues $ 500 $ 750 $ 1,000 $ 1,500 $ 8,781 $ 7,600 $9,916 $10,224 $10,541 Less (a) Tax Revenue Bond Debt Service - - - - (3,920) (4,001) (4,085) (4,170) (4,256) (b) County Return Hurdle - - - - (2,435) (2,496) (2,559) (2,623) (2,688) Annual Increment $ 500 $ 750 $ 1,000 $ 1,500 $ 2,426 $ 1,103 $ 3,272 $ 3,431 $ 3,597 Reimbursement Bal...
Reimbursement to County
