Future Years. The City and the Library will annually review and adjust the City’s funding to the Library, taking into consideration the net market value of the portion of the City’s Building leased to the Library (i.e., rent), the costs required to provide an agreed level of service (as described by the Library during each budget cycle review), and accounting for any fluctuation in anticipating operating costs.
Appears in 3 contracts
Sources: Operating and Funding Agreement, Operating and Funding Agreement, Operating and Funding Agreement