Coordinating District definition
Examples of Coordinating District in a sentence
In such event, methods of collection of the User Fees shall be determined by the Coordinating District.
If this Agreement is terminated by any Financing District in relation to Administrative Services, the Coordinating District shall be paid for Administrative Services performed for that Financing District prior to such termination.
The Coordinating District shall have the right to delegate or assign such impositions and collection power to a billing or service entity of its choice.
The Coordinating District shall have the authority to enter into service contracts with third-parties to provide any Administrative Services required to be provided by the Coordinating District.
The Coordinating District shall have the authority to enter into service contracts with third-parties to provide any O&M Services required to be provided by the Coordinating District.
The Coordinating District agrees to provide those operation and maintenance services described in Exhibit B, attached hereto and incorporated herein by this reference (the “O&M Services”) for the benefit of the Districts, provided that each Financing District observes and performs the covenants and agreements set forth in this Agreement.
The Coordinating District agrees to perform the administrative services described in Exhibit A, attached hereto and incorporated herein by this reference (the “Administrative Services”), for and on behalf of the Financing Districts, in compliance with all applicable federal, state, county and local or municipal body or agency statutes, ordinances and regulations, provided that each Financing District observes and performs the covenants and agreements set forth in this Agreement.
In such event, the Coordinating District agrees to defer collection of such amounts until such time as the Financing Districts have collected the funds for the Costs via the collection of taxes imposed through an ad valorem mill levy.
At such time as the provisions of the Termination Agreement are finalized in compliance with the requirements above, the Public Improvements shall be transferred in accordance with the provisions of the Termination Agreement and the Coordinating District shall be fully relieved of all further obligations absent any such obligations being specifically agreed to by the Coordinating District pursuant to the terms of the Termination Agreement.
All Costs due to the Coordinating District from the Financing Districts shall be paid in lawful money of the United States of America by check mailed or delivered, or by wire transfer, to the Coordinating District, or such other method as may be mutually agreed to by the Districts.