Examples of Appropriation Payments in a sentence
Upon the determination of the Director of Finance, which may be based on the written advice of a Financial Advisor, that it is to the financial advantage of the City and in the City’s best interests, the Director of Finance is authorized to cooperate with the Port Authority to negotiate and provide for the terms of the Bonds and the Appropriation Payments, which Appropriation Pay- ments shall be equal to the Debt Ser- vice Charges on the Bonds plus the amount of Administrative Expenses.
In any given fiscal year, if the City Council determines to not obligate the then-considered Appropriated Amount, then the City will be under no obligation to fund the Annual Appropriation Payments scheduled to become due in the following fiscal year, and the Company will have no rights whatsoever to compel the City to make such Annual Appropriation Payments, to seek damages relative thereto, or to compel the funding of such Payments in future fiscal years.
This data will be sourced from the School Appropriation Payments Application (SAPA) following the last appropriation payment for the year.
Insufficient Appropriation Payments pursuant to this Agreement are subject to the availability of applicable federal and/or state funding from the Department and their appropriation and authorized expenditures under State law.
Further, the aggregate Annual Appropriation Payments to be made in each fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, assuming there are Annual Appropriation Payments due on December 1, 2024 and on June 1, 2025, the aggregate maximum amount of such Annual Appropriation Payments would be determined by the Appropriated Amount determined for certification by December 1, 2023).
Further, the aggregate Annual Appropriation Payments to be made in each fiscal year shall not exceed an amount equal to the corresponding Appropriated Amount (for example, assuming there are Annual Appropriation Payments due on December 1, 2023 and on June 1, 2024, the aggregate maximum amount of such Annual Appropriation Payments would be determined by the Appropriated Amount determined for certification by December 1, 2022).
Any Appropriation Payments made will accrue interest at the Bond rate plus 2.50%.
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Paragraph (a) of subsection (9) of section 61.13, Florida Statutes, is amended to read:61.13 Custody and support of children; visitation rights; power of court in making orders.-(9)(a) Beginning July 1, 1997, each party to any paternity or [child] support proceeding is required to file with the tribunal as defined in s.
For example, assuming that both Certificates of Occupancy are issued for the Project by June 30, 2024, then the Annual Appropriation Payments will be made on each December 1 and June 1, beginning on December 1, 2024 and continuing through the sooner of June 1, 2028.