Common use of Creation of the Authority Clause in Contracts

Creation of the Authority. Upon the effective date identified in Paragraph 3, there is hereby created a public agency to be known as the “Turkey River Watershed Management Authority” (the “Authority”). The agency shall be a political subdivision of the State of Iowa and a legal entity separate and distinct from the corporate existence of any participating parties and shall be subject to the control and supervision of any party or their officers and directors only to the extent provided herein.

Appears in 2 contracts

Sources: 28e Agreement, 28e Agreement