Common use of Authorizing Ordinance Clause in Contracts

Authorizing Ordinance. As an essential condition precedent to the validity of this Agreement, Grant County has already enacted an ordinance to authorize, approve and establish an E-911 system. To the extent that that said ordinance has a termination date, Grant County shall re-enact the said ordinance or enact a new ordinance to provide for the continued maintenance and operation of the said PSAP. The previous ordinance authorized collection of a surcharge from each subscriber by the local telephone company and the payment of the funds from said surcharge into a special trust account for payment of expenses for the E-911 system authorized by the said ordinance and any re- enactment or new authorizing ordinance may provide for the same type of surcharge. The previous ordinance and any re-enactment of an ordinance for the maintenance and operation of the PSAP shall comply with applicable Kentucky Revised Statutes and shall be in a form acceptable to the local telephone company. As an essential condition precedent to the validity of this Agreement, each of the cities of Crittenden, Corinth, Dry Ridge and Williamstown, shall likewise enact a city ordinance to authorize, approve and maintain the operation of an E-911 system. To the extent that any of the said city ordinances has a termination date, each said city shall re-enact their city ordinance or enact a new ordinance to provide for the continued maintenance and operation of the said PSAP. To the extent that any of the said city ordinances authorized collection of a surcharge to each subscriber by the local telephone company and payment of the funds into a special trust account for payment of expenses for the E-911 system authorized by said city ordinances, the same shall To the extent that any of the said city ordinances authorized collection of a surcharge to each subscriber by the local telephone company and payment of the funds into a special trust account for payment of expenses for the E-911 system authorized by said city ordinances, the same shall continue if re-enacted or made a part of a new city ordinance. Any city ordinance for the maintenance and operation of the PSAP shall comply with the applicable Kentucky Revised Statutes and shall be in a form acceptable to the local telephone company.

Authorizing Ordinance. As The passage of an essential condition precedent authorizing ordinance authorizing City’s sale of the Sale Property to Skanska on the terms described in this Agreement (the “Authorizing Ordinance”) by the Seattle City Council (“City Council”) and such Authorizing Ordinance becoming effective law are conditions to City’s obligation to sell the Sale Property to Skanska. No later than September 25, 2017, City shall submit to the validity Mayor of The City of Seattle for his transmittal to City Council the proposed Authorizing Ordinance with contemporaneous notice to Skanska of such submittal. ▇▇▇▇▇▇▇ acknowledges that approval of the Authorizing Ordinance is made at the discretion of a majority of the members of the City Council and failure of the Authorizing Ordinance to be passed by the City Council and subsequently to become effective shall not constitute a default by City under this Agreement. City shall keep Skanska reasonably informed as to the status of the Authorizing Ordinance. If the Authorizing Ordinance is passed by City Council, but prior to the effectiveness thereof, a petition for referendum is filed with the Office of the City Clerk of Seattle with respect to the Authorizing Ordinance, then (y) if the King County Records and Elections Division issues a determination that the petition is invalid or insufficient, the parties shall proceed to Closing (subject to the terms and conditions of this Agreement) and the Target Closing Date shall be automatically extended until the date that is five (5) days after the Authorizing Ordinance becomes effective, Grant or (z) if the King County has already enacted an ordinance Records and Elections Division issues a Certificate of Sufficiency with respect to authorizethe petition for referendum, approve and establish an E-911 system. To then ▇▇▇▇▇▇▇ shall have the extent that that said ordinance has a termination dateabsolute right by written notice to City, Grant County shall re-enact which notice must be delivered to City within ten (10) days following the said ordinance or enact a new ordinance to provide for the continued maintenance and operation issuance of the said PSAPCertificate of Sufficiency, to (A) immediately terminate this Agreement or (B) extend the Target Closing Date until the public ballot vote on the Authorizing Ordinance. The previous ordinance authorized collection of a surcharge from each subscriber by If the local telephone company Target Closing Date is extended to the public ballot vote and the payment of Authorizing Ordinance is approved, the funds from said surcharge into a special trust account for payment of expenses for the E-911 system authorized by the said ordinance and any re- enactment or new authorizing ordinance may provide for the same type of surcharge. The previous ordinance and any re-enactment of an ordinance for the maintenance and operation of the PSAP parties shall comply with applicable Kentucky Revised Statutes and shall be in a form acceptable proceed to Closing (subject to the local telephone company. As an essential condition precedent to the validity terms and conditions of this Agreement) and the Target Closing Date shall be automatically extended until the date that is five (5) days after the Authorizing Ordinance becomes effective. If the Target Closing Date is extended to the public ballot vote and the Authorizing Ordinance does not become effective, each either Skanska or City may terminate this Agreement upon five (5) days’ written notice to the other party. Notwithstanding anything to the contrary contained above in this Agreement, if the Authorizing Ordinance has not become effective law as of the cities of Crittenden, Corinth, Dry Ridge and Williamstown, shall likewise enact a city ordinance to authorize, approve and maintain the operation of an E-911 system. To the extent date that any of the said city ordinances has a termination date, each said city shall re-enact their city ordinance or enact a new ordinance to provide for the continued maintenance and operation of the said PSAP. To the extent that any of the said city ordinances authorized collection of a surcharge to each subscriber by the local telephone company and payment of the funds into a special trust account for payment of expenses for the E-911 system authorized by said city ordinances, the same shall To the extent that any of the said city ordinances authorized collection of a surcharge to each subscriber by the local telephone company and payment of the funds into a special trust account for payment of expenses for the E-911 system authorized by said city ordinances, the same shall continue if re-enacted or made a part of a new city ordinance. Any city ordinance for the maintenance and operation of the PSAP shall comply with the applicable Kentucky Revised Statutes and shall be in a form acceptable to the local telephone company.is nine