Common use of Statutory Limitations Clause in Contracts

Statutory Limitations. Consistent with Section 22-32-110(5), C.R.S., the parties acknowledge that, in this Agreement and in subsequent agreements, the District may not commit revenues for a period of time in excess of one year unless the agreement includes a provision which allows for the reopening of the portion of the agreement relating to salaries and benefits.

Appears in 3 contracts

Sources: Master Agreement, Master Agreement, Master Agreement