Common use of Contracting Relationship Clause in Contracts

Contracting Relationship. Foundation is authorized by the Commissioner on behalf of District and pursuant to the Authorizing Legislation and the LEARNS Act, Ark. Code ▇▇▇. § 6-15-3201, et seq. to oversee, manage, and operate the District. Foundation is vested with all powers necessary or desirable for carrying out its program and operating the District on a day-to-day and on-going basis, including, but not limited to, oversight, management and operation of District facilities and personnel, contracting for the services, equipment and educational program to be supplied by Foundation pursuant to this Agreement, in accordance with applicable sections of the LEARNS Act and other applicable statutes, rules and regulations, to the extent permitted by law, subject to the terms and conditions set forth in this Agreement and further subject to the oversight of Commissioner on behalf of District and SBE, as provided for in this Agreement and by the LEARNS Act. It is mutually agreed and intended that the Commissioner’s role shall be one of periodic oversight and governance, but not approval of day- to-day operations or management of the District, but that Foundation shall consult with the Commissioner concerning the operation and management of the District. The Foundation is responsible solely for the administration, management and operations of the District including without limitation, ensuring the provision of all required services as specified in this Agreement, subject to anyexcept for the specific limitations or exceptions set forth in this Agreement.