State Infrastructure Funding Mechanism Sample Clauses

State Infrastructure Funding Mechanism. The formula that will be implemented by the state to calculate required partners’ proportionate shares of infrastructure costs when consensus agreement cannot be reached among a local workforce development board and required partners in a local area. The method is described in Article VI of this MOU.
Sample 1
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State Infrastructure Funding Mechanism. All parties acknowledge that if consensus agreement on shared infrastructure costs cannot be reached by May 31 of the last year of the MOU period listed in Article II, Section A of this MOU, the State is required under WIOA Section 121(h)(2) to implement a funding mechanism to calculate and collect each required partner’s proportionate share of infrastructure costs payable to the local area. When necessary, ODJFS, on behalf of the Ohio Governor, will implement the state infrastructure funding mechanism, which is described in Attachment E to this MOU and hereby incorporated. If implemented, the state-calculated infrastructure budget with the partners’ proportionate share of costs will be included in this MOU as Attachment E-1. The state infrastructure funding mechanism will be implemented for a period consistent with the MOU period in Article II, Section A, unless the parties reach a consensus agreement on infrastructure funding prior to the end of the MOU period.
Sample 1

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