Common Contracts

1 similar null contracts

FIRE AND EMS SERVICE AGREEMENT
July 12th, 2024
  • Filed
    July 12th, 2024

The City of Oxford and Miami University have reached an historic agreement on the shared funding of needed additional revenue in the Division of Fire and EMS. After several months of discussion about the need for additional staff and revenue to sustain additional staff, an agreement was reached. Miami University will contribute $1.27 million annually to the City’s Fire and EMS Fund (Fund 418). Miami’s contribution is contingent upon the successful adoption of a $2.6 mill 10-year Fire/EMS real property tax levy in the General Election of November 5, 2024. This additional funding will address the projected 12-year average annual deficit in the fund of $2.54 million. It will permit and sustain the hiring of additional staff and needed capital equipment over the ten year period.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.