Laserfiche WebLink
1 based on one of the above definitions, if appropriate, or by some other <br />2 mutually agreed upon basis. <br /> <br />3 7. Manner of Payment of Costs: EBDA shall submit to LAVWMA by May 1 of each <br />4 year, a detailed estimate of LAVWMA's share of above noted costs for the next <br />5 fiscal year, July 1 through June 30. EBDA shall adopt its budget by June 1 <br />6 preceding each fiscal year and shall submit a-copy of the adopted _budget to <br />7 LAVWMA immediately upon adoption. LAVWMA shall include in its budget said <br />8 estimated costs for each fiscal ~,ear and submit a copy of its budget to EBDA <br />9 immediately upon adoption. In the event actual costs are greater than those <br />l0 budgeted, EBDA shall advise LAVWMA of the projected costs, justification, and <br />11 revised estimate of additional funds needed, at least two (2) months prior to the <br />12 anticipated date of reaching LAVWMA's budget limitation. LAVWMA shall make <br />13 such arrangements as necessary for reimbursing the actual costs incurred. <br /> <br />14 8. EBDA shall invoice LAVWMA on a monthly basis for actual costs as described <br />15 above, EBDA shall provide a detailed calculation for monthly and fiscal year to <br />16 date costs. LAVWMA shall make payment within thirty (30) days of receipt of said <br />17 invoice from EBDA. <br /> <br /> Et~UA/LAVWMA 199....8; Agreement, 19 February 18, 1998 <br /> <br /> <br />