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DocuSign Envelope ID:9AAF6143-A2AO-4DDA-BFCB-7FOCAFAEFC3D <br /> D. Payments. Subject to the availability of sufficient funds in the ARIC <br /> Fund, the City shall pay ARIC contractors and vendors in compliance with <br /> the Texas Prompt Payment Act. <br /> E. Reports, The City shall provide each Partner Agency and Partner <br /> Equivalent Agency with a monthly report comparing the Budget with the <br /> actual expenses incurred in that month and in the current Fiscal Year to <br /> date. This report will be provided during the Operational Management <br /> Team's monthly meeting. <br /> III. Funding. <br /> The Partner Agencies and Partner Equivalent Agencies specifically acknowledge that <br /> funding for each Partner Agency's and Partner Equivalent Agency's Annual Assessment <br /> must go through that Partner Agency's or Partner Equivalent Agency's normal budgeting <br /> process; and after approval by its governing body or other approval required by law, is <br /> payable in compliance with section I. D. <br /> IV. Failure to Appropriate or Partial Funding. <br /> If any Partner Agency or Partner Equivalent Agency fails to appropriate its Annual <br /> Assessment by the first day of the Fiscal Year for which the Operating Budget is <br /> applicable ("Unfunded Party") or appropriates less than its Annual Assessment for any <br /> year, or if any Partner Agency or Partner Equivalent Agency fails to pay all of its Annual <br /> Assessment, ("Underfunding Party"), the other Partner Agencies and Partner Equivalent <br /> Agencies, acting through the Executive Board, may take one or more of the following <br /> actions: <br /> A. Notice of Unfundinp. Send the Unfunded Party a notice re-stating the amount <br /> due. Each Partner Agency and Partner Equivalent Agency acknowledges that <br /> its future right to participate in the ARIC is dependent upon fully paying its <br /> Annual Assessment each year. <br /> 18 <br />