Common use of Change Fund Clause in Contracts

Change Fund. Parking Operator shall establish the necessary change fund (approved and funded by the City) for daily parking operations and shall collect and hold in trust for the City, until deposited in a bank approved by the Director upon the expiration or termination of this Agreement.

Appears in 2 contracts

Sources: Parking and Shuttle Bus Operation and Management Agreement, Parking Operations and Management Agreement

Change Fund. Parking Operator shall establish the necessary change fund (approved and funded by the City) for daily parking operations and shall collect and hold in trust for the City, until deposited in a bank approved by the Director upon the expiration or termination of this the Agreement.

Appears in 1 contract

Sources: Parking Operations and Shuttle Bus Management Agreement