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Agmt84 South Bayside System Aut
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Agmt84 South Bayside System Aut
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Last modified
7/5/2005 2:37:41 PM
Creation date
3/25/2004 12:12:59 PM
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Template:
Agreement
Contractor Name
South Bayside System Authority
PROJECT NAME
suppl agmt III - joint exercise of powers
RMP File Number
304 bin 12
Date
4/26/1984
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<br />~ r. P:1¡'.S:djg-c 2/21/84 <br />. ;S:djg-c 3/05/84R <br /> DES:djg-c 3/12/84R <br />"""', <br />. Capital Cost of each component of Stage 1 of the Project shall be <br /> allocated on the basis of the percentages set forth in Exhibit A <br /> hereto. All moneys received by the Authority from state or <br /> Federal grants for Capital Costs or costs of Special Services for <br /> any component of Stage 1 of the Project shall be allocated to the <br /> respective Agencies on the bases set forth in Exhibit A for the <br /> purpose of determining the amounts thereof to be paid by the <br /> respective Agencies. To the extent not otherwise provided in <br /> this Agreement, each Agency shall receive credits for <br /> portions of the Joint Facilities conveyed by it and for prior <br /> contributions of Capital Costs and costs of Special Services for <br /> the Joint Facilities paid by it, in determining the allocation of <br />. the costs of construction of Stage 1 of the Project." <br /> " (b) Ca pi ta 1 Costs o_~_§!~9~ - ~ _0 f the proj ec.!. The <br /> <br /> capital costs of Stage 2 of the Project shall be allocated to the <br /> respective Agencies based upon each such Agency's aggregate <br /> payments for the financing of each Substage thereof corresponding <br /> to the maximum capacity rights of each respective Agency as <br /> determined pursuant to subdivision (b) of S.ection 7.2." <br /> 12. Section 6.1 of the Agreement is hereby amended to read <br /> as follows: <br /> "Section 6.1. Annual Bud2.!. The Commission shall <br /> adopt a budget for maintenance and operation costs, capital costs, <br /> costs of special services, capital reserve expenses (if any) and <br /> bond interest and redemption expenses (if any) annually prior to <br />. May 1st of each year. " <br /> 13 <br />
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