§ 5.28.180. Multi-year contracts.

Latest version.

A.

The borough may enter into contracts for a term exceeding 1 year provided that funds for the borough's performance during the fiscal year in which the contract term commences are certified in writing by the certifying officer as being available.

B.

The borough's payment and performance obligations for succeeding fiscal years after issue of a multi-year contract shall be subject to the availability of funds lawfully appropriated therefor.

C.

Contracts for construction or in connection with requirements of federal and state grants are not to be construed as multi-year contracts; however, lawfully appropriated funds must be available for the term of the contract.

(Ord. No. 87-29, § 1(part), 1987)

                    
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