Common Contracts

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MEMORANDUM OF AGREEMENT BETWEEN
Memorandum of Agreement • December 2nd, 2020 • Virginia

WHEREAS, Chapter 1235 provides for imposition of certain state taxes in localities comprising Planning District 15, and further provides that the revenues derived from such taxes be deposited in the Central Virginia Transportation Fund (the “Fund”) and used solely for transportation purposes benefiting the localities comprising Planning District 15 (“CVTA Projects and Purposes”), and certain administrative and operating expenses pursuant to Va. Code § 33.2- 3706(B); and

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