Examples of Municipal Agreement in a sentence
Additional funds will not be approved for projects where increased costs are due to changes outside of the project scope that were identified in the original application or the most recent State Municipal Agreement (SMA) (whichever is most current).
In such event and in accordance with the Municipal Agreement, MassDevelopment shall provide to the Municipality for execution a revised PACE Betterment Assessment Statement, including a revised Payment Schedule prepared by the Capital Provider and approved by MassDevelopment, and the new amount of the PACE Betterment Assessment and PACE Lien.
Additionally, Municipal Agreement 69 of 1997, in its Article 13, mentions: “The percentage of EPM financial surpluses, in conformity with Article 97 of Decree 111 of 1996, cannot be transferred by a percentage over 30% to the Municipality of Medellin and will be intended by the latter exclusively to social investment and payment of city lighting”.
The Municipal Agreement stipulates that a separate Utility Agreement will be entered into that will address utility line relocations and adjustments.
Direct material damage sustained by property in the insured building as a result of acts of vandalism or malicious acts performed by individuals or groups who are not or do not include the Insured and or people who are dependent on or live with them is covered.