XXXXXX OF THE AUTHORITY Sample Clauses

XXXXXX OF THE AUTHORITY. The Authority shall have the power to contract for the installation, operation and maintenance of an emergency telephone service, including “reverse 911” and other advanced technology or notification systems utilizing telephone, whether traditional “landline,” “cellular”, or other technology capabilities to alert the public to emergencies in the area. The Authority shall pay the costs associated with that service from an emergency telephone charge imposed pursuant to state law and regulations, consistent with C.R.S. 00-00-000 and 102.5, or as the statute may be revised. Since 1991 this charge has been not more than $ .70 (seventy cents) per telephone exchange per month, but the parties anticipate that such charge may be increased to reflect increasing costs of providing the emergency service, and agree that the Authority shall have the power to adjust the rate charged according to revisions made in the statute or in tariffs approved by state regulatory agencies. The funds collected shall be used solely to pay for equipment installation costs, service charges, maintenance costs, and other costs related to the continued operation of an emergency telephone service. The funds collected shall be kept in a cash fund separate and apart from any party’s general fund. Any funds remaining unexpended at the end of a year shall be carried over to the next succeeding year for the same purpose in supplying emergency telephone service. If this Agreement is ever discontinued, any balance in the cash account of the Authority shall be transferred to the general funds of the parties to this Agreement on a basis which is proportionate to the population of such parties. Notwithstanding any other provision of this Agreement, the Authority shall have no power to contract debt or to expend or obligate expenditure of any funds in excess of the net proceeds of the emergency telephone charges imposed, paid and collected. The Parties have agreed to the above revisions and confirm their agreement by their signatures below: Board of County Commissioners Date: Chair Attest:
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XXXXXX OF THE AUTHORITY. The AUTHORITY shall have the power and authority to exercise any power common to the Public Educational Agencies which are parties to this Agreement, as herein set forth. Pursuant to the California Government Code, the exercise of the aforesaid powers of the AUTHORITY shall be subject to the same restrictions in exercising its powers as a public educational agency except as otherwise provided in this Agreement.
XXXXXX OF THE AUTHORITY. A. The parties hereto agree that the Authority shall be empowered with the authority to contract for the installation and operation of an Emergency Telephone Service and may pay such costs by collecting an Emergency Telephone Charge for such service in the service area that is within its jurisdiction and authorized by this Agreement. The Authority shall pay the costs associated with such service from an Emergency Telephone Charge imposed pursuant to state law and regulations, consistent with C.R.S. § 00-00-000 and 102.5, or as the statutes may be revised or amended. The funds so collected shall be spent in accordance with C.R.S. § 00-00-000, or as the statute may be revised or amended. The funds so collected shall be credited to a cash fund separate and apart from the general fund of any of the Members. Any funds remaining in the account at year end shall be carried over to the next succeeding year for the same purposes in supplying Emergency Telephone Service. In accordance with C.R.S. § 29-11-104(3), in the event this Agreement is ever discontinued by the Members, any moneys remaining in the fund after all payments to the Service Suppliers, basic emergency service providers and all equipment suppliers shall be distributed to the general fund of each Member in proportion to the money collected for telephone service from each Member’s exclusive populations, except for OCETSA and SMETSA which shall receive a distribution proportionate to their most recent annual contributions to the Authority.
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