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