Res14 15325 - Laserfiche WebLink

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shall implement the initial fee or any adjustments thereto within three (3) months of notice thereof from the Authority. Nothing herein contained shall preclude any Agency from charging its users a composite connection fee which includes as one component the uniform amount established by the Authority for construction of Stage 2 of the Project hereunder. Monies collected by the Agencies as connection fees for construction of Stage 2 of the Project shall be paid over to the Authority periodically, but not less than quarterly. Said monies shall be deposited in the Stage 2 Construction Fund of the Authority and held in trust for construction of each increment next in sequence to be constructed. When sufficient funds, based upon then current estimated construction costs made or obtained by the Authority for construction of said increments have been received, the Authority shall proceed with such construction. The provisions of this Subdivision (b) of this Section 5.6 are self-executing; provided, however, that the Commission may establish and implement such administrative procedures and practices consistent herewith as it deems necessary or appropriate to accomplish the purposes hereof. Nothing herein provided shall require the construction of any or all of the increments of Stage 2 except the first increment or to require construction of any subsequent increment at any particular time unless sufficient funds therefor have been paid over to the Authority as herein provided." 5. Section 5.9 of the Agreement is hereby amended to read as follows: "Section 5.9. Allocation of Caqital Costs. (a) Capital Costs of Staqe 1 of the Project. The Capital Cost of each component of Stage 1 of the Project shall be and have been allocated on the basis of the percentages set forth in Subdivision A of Exhibit A hereto. All moneys received by the Authority from State or Federal gra►�ts for Capital Costs or costs of Special Services for any component of Stage 1 of the Project shall be and have been allocated to the respective Agencies on the basis set forth in Exhibit A for the purpose of determining the amounts thereof to be paid by the respective Agencies. To the extent not otherwise provided in this Agreement, each Agency shall receive and has received credits for portions of the Joint Facilities conveyed 6 SBSA_JPASuppVl_052212r_120412rtorsig]