Mecklenburg North Carolina Expense Limitation Agreement

• Category: Corporations - Public
• State: Multi-State
• County: Mecklenburg
• Control #: US-EG-9176
• Format: Word; Rich Text

Description

Expense Limitation Agreement between Garnder Lewis Investment Trust and Garnder Lewis Aset Management, Inc. dated February 28, 1999. 4 pages The Mecklenburg North Carolina Expense Limitation Agreement is a legal contract that sets forth the terms and conditions surrounding the limitation of expenses in Mecklenburg County, North Carolina. This agreement is implemented to ensure responsible and efficient use of funds by the county and its various departments and agencies. Keywords: Mecklenburg North Carolina, Expense Limitation Agreement, legal contract, terms and conditions, limitation of expenses, funds, county, departments, agencies, responsible use, efficient use. In Mecklenburg County, there are different types of Expense Limitation Agreements that can be established depending on the specific circumstances and needs. These may include: 1. General Expense Limitation Agreement: This agreement applies to the overall budget and expenditures of Mecklenburg County as a whole. It sets a cap on the total amount of funds that can be spent within a designated timeframe, ensuring fiscal responsibility. 2. Department-Specific Expense Limitation Agreement: Some departments within Mecklenburg County may have their own individual Expense Limitation Agreements. These agreements outline the maximum amount of funds that each department can utilize, helping to control costs and prevent overspending. 3. Project-Specific Expense Limitation Agreement: In certain cases, Mecklenburg County may enter into Expense Limitation Agreements for specific projects or initiatives. These agreements establish the budgetary limits and spending parameters for the respective project, ensuring that expenditures are kept within the predefined bounds. 4. Timeframe-Specific Expense Limitation Agreement: Mecklenburg County may also implement Expense Limitation Agreements for specific time periods, such as annual or quarterly agreements. These agreements ensure that expenses are controlled and managed effectively within the given timeframe, preventing any unnecessary financial strain on the county. 5. Collaborative Expense Limitation Agreement: In some instances, Mecklenburg County may collaborate with other jurisdictions, agencies, or organizations to establish joint Expense Limitation Agreements. This allows for shared control and oversight of expenditures, promoting financial accountability and collaboration. Overall, the Mecklenburg North Carolina Expense Limitation Agreement serves as an important tool in ensuring responsible financial management within the county. By establishing clear limits and guidelines for expenditure, this agreement helps to maintain fiscal discipline and accountability, ultimately benefiting both the county and its residents.

The Mecklenburg North Carolina Expense Limitation Agreement is a legal contract that sets forth the terms and conditions surrounding the limitation of expenses in Mecklenburg County, North Carolina. This agreement is implemented to ensure responsible and efficient use of funds by the county and its various departments and agencies. Keywords: Mecklenburg North Carolina, Expense Limitation Agreement, legal contract, terms and conditions, limitation of expenses, funds, county, departments, agencies, responsible use, efficient use. In Mecklenburg County, there are different types of Expense Limitation Agreements that can be established depending on the specific circumstances and needs. These may include: 1. General Expense Limitation Agreement: This agreement applies to the overall budget and expenditures of Mecklenburg County as a whole. It sets a cap on the total amount of funds that can be spent within a designated timeframe, ensuring fiscal responsibility. 2. Department-Specific Expense Limitation Agreement: Some departments within Mecklenburg County may have their own individual Expense Limitation Agreements. These agreements outline the maximum amount of funds that each department can utilize, helping to control costs and prevent overspending. 3. Project-Specific Expense Limitation Agreement: In certain cases, Mecklenburg County may enter into Expense Limitation Agreements for specific projects or initiatives. These agreements establish the budgetary limits and spending parameters for the respective project, ensuring that expenditures are kept within the predefined bounds. 4. Timeframe-Specific Expense Limitation Agreement: Mecklenburg County may also implement Expense Limitation Agreements for specific time periods, such as annual or quarterly agreements. These agreements ensure that expenses are controlled and managed effectively within the given timeframe, preventing any unnecessary financial strain on the county. 5. Collaborative Expense Limitation Agreement: In some instances, Mecklenburg County may collaborate with other jurisdictions, agencies, or organizations to establish joint Expense Limitation Agreements. This allows for shared control and oversight of expenditures, promoting financial accountability and collaboration. Overall, the Mecklenburg North Carolina Expense Limitation Agreement serves as an important tool in ensuring responsible financial management within the county. By establishing clear limits and guidelines for expenditure, this agreement helps to maintain fiscal discipline and accountability, ultimately benefiting both the county and its residents.