Common use of Reservations to Voters on Financial Matters Clause in Contracts

Reservations to Voters on Financial Matters. The Board of Selectmen and the Union agree to support mutually agreed to settlements before the voters of the Town. However, any agreement reached herein which requires the expenditure of public funds for its implementations shall not be binding upon the Board, unless, and until the necessary appropriations have been made by the voters. In the event the voters shall not approve the cost increases as approved by the Board, the agreements of the parties shall be void and the Board and the Union shall resume negotiations.

Reservations to Voters on Financial Matters. The Board of Selectmen and the Union agree to support mutually agreed to settlements before the voters of the Town. However, any agreement reached herein which requires the expenditure of public funds for its implementations shall not be binding upon the Board, unless, and until the necessary appropriations have been made by the voters. In the event the voters shall not approve the cost increases as approved by the Board, the agreements of the parties shall be void and the Board and the Union shall resume negotiations.the