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<br /> Each annual OPERATING BUDGET and CAPITAL BUDGET <br /> proposed by LCRA and approved by CITY shall provide for <br /> operation and maintenance costs and additions, extensions and <br /> renewals and replacements sufficient for the safe, reliable, <br /> economical and efficient operation of the SYSTEM during the <br /> applicable CONTRACT YEAR. <br /> Any modifications by CITY to the proposed annual <br /> OPERATING BUDGET and CAPITAL BUDGET will only be made after <br /> consulting with LCRA with respect to the impact of any proposed <br /> modifications on the safe, reliable, economical and efficient <br /> operation of the SYSTEM. In no case will CITY reduce budgeted <br /> wage and salary rates in the proposed annual OPERATING BUDGET <br /> when such rates are in conformance with LCRA's systemwide <br /> salary administration plan. However, CITY shall have the right <br /> to increase the proposed wage and salary rates and particularly <br /> when such changes are necessary to provide for an orderly <br /> transition of LCRA SYSTEM employees to the status of CITY <br /> employees. <br /> LCRA will operate and maintain the SYSTEM in accordance <br /> with the approved annual OPERATING BUDGET and CAPITAL BUDGET. <br /> To the extent budget modifications are required during the <br /> -6- <br />