Affordable Development Sample Clauses

Affordable Development. As set forth in the Development Schedule, in addition to the Tax Credit Funds all other financing necessary to construct the Affordable Development Improvements, as required and approved by the Commission in the Affordable Development Financing Plan, must be closed by the Affordable Developer prior to, or simultaneously with the Affordable Development Close of Escrow. The Affordable Developer must also submit to the Commission evidence reasonably satisfactory to the Commission that any conditions to the release or expenditure of funds described in the approved Affordable Development Financing Plan as the sources of funds to pay the costs of constructing the Affordable Development Improvements have been met or will be met by the Affordable Development Close of Escrow and subject to the Affordable Developer's satisfaction of standard disbursement preconditions required to be satisfied on a periodic basis, for constructing the Affordable Development Improvements. Submission by the Affordable Developer, and approval by the Commission, of such evidence of funds availability is a condition precedent to the Commission's obligation to convey the Affordable Development Parcel to the Affordable Developer.
Sample 1
AutoNDA by SimpleDocs
Affordable Development. As a condition precedent to the Affordable Development Close of Escrow, the Affordable Developer shall submit to the Commission evidence reasonably satisfactory to the Commission that the financing and funding identified in the Affordable Development Financing Plan approved by the Commission pursuant to Section 5.5 will be available following the Affordable Development Close of Escrow for the construction and operation of the Affordable Development. Prior to or concurrently with the Affordable Development Close of Escrow, the Affordable Developer and Commission shall execute the Housing Loan Agreement, substantially in the form attached here to as Exhibit U.
Sample 1
Affordable Development. By the time specified in the Development Schedule, the Affordable Developer shall apply for, diligently pursue, and obtain building construction permits for the Affordable Development Improvement. The applications for building and construction permits shall be consistent with and incorporate the approved Plans and Specifications applicable to the Affordable Development.
Sample 1
Affordable Development. To the extent required by law, the Affordable Developer must pay and will cause the contractor and subcontractors to pay prevailing wages in the construction of the Affordable Development as those wages are determined pursuant to California Labor Code Section 1720 et seq., to employ apprentices as required by California Labor Code Sections 1777.5 et seq., and the implementing regulations of the Department of Industrial Relations (the "DIR"). As required by applicable law, the Affordable Developer must and will cause the contractor and subcontractors to comply with the other applicable provisions of California Labor Code Sections 1720 et seq., 1777.5 et seq., and implementing regulations of the DIR. As required by applicable law, the Affordable Developer must and will cause the contractor and subcontractors to keep and retain such records as are necessary to determine if such prevailing wages have been paid as required pursuant to California Labor Code Section 1720 et seq., and apprentices have been employed are required by California Labor Code Section 1777.5 et seq. Copies of the currently applicable per diem prevailing wages are available from DIR. As required by applicable law, during the construction of the Affordable Development, the Affordable Developer will or will cause the contractor to post at the Affordable Development Parcel the applicable prevailing rates of per diem wages. The Affordable Developer must cause its respective contractors and subcontractors to be registered as set forth in Labor Code Section 1725.5. As required by applicable law, the Affordable Developer must cause its respective contractors and subcontractors to do all the following: (1) all calls for bids, bidding materials and the construction contract documents for the Affordable Development must specify that: (A) no contractor or subcontractor may be listed on a bid proposal nor be awarded a contract for the Affordable Development unless registered with the DIR pursuant to Labor Code Section 1725.5; and (B) the Affordable Development is subject to compliance monitoring and enforcement by the DIR; (2) The Affordable Developer is required to provide the Commission all information required by Labor Code Section 1773.3 as set forth in the DIR's online form PWC-100 within two (2) days of the award of the contract (xxxxx://xxx.xxx.xx.xxx/pwc100ext/); (3) The Affordable Developer must cause its respective contractors to post job site notices, as prescribed by regulation by the DIR;...
Sample 1

Related to Affordable Development

  • Sustainable Development 4.1 The Authority will review the Contractor’s Sustainable Development Policy Statement and Sustainable Development Plan submitted by the Contractor in accordance with the Schedule (Sustainable Development Requirements) and then at least annually thereafter.

  • Workforce Development MPC’s technical training program is having a major impact in the region. Online modules, short courses, webinars, and on site/videoconferencing events are reaching state and local transportation department employees and tribal transportation planners. By harnessing the capabilities of the four LTAP centers located at the MPC universities and the multimedia capabilities of the Transportation Learning Network (which was founded and is partly funded by MPC) more than 76 technical training events were offered in the second half of 2015. These training modules and short courses are critical to transportation agencies that need to improve or renew the skills of engineering technicians and other frontline workers. Many MPC courses or training events result in the certification of workers. Even when certification is not required, TLN’s online learning management systems allow employees and employers to set learning goals and monitor progress towards these goals. MPC is making another major impact in workforce development. Altogether, 57 graduate students are working on MPC research projects under the tutelage of faculty researchers. These graduate students represent the researchers and technical analysts of tomorrow. Without the MPC program and the stipend funds that it provides, these students may not be specializing in transportation; but, instead would be seeking career opportunities in other fields. The MPC research program allows faculty to mentor graduate students while allowing the students to work on projects for federal and state transportation agencies—thereby, gaining valuable practical experience.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Training and Professional Development C. Maintain written program procedures covering these six (6) core activities. All procedures shall be consistent with the requirements of this Contract.

  • Research and Development (i) Advice and assistance in relation to research and development of Party B;

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement.

  • Professional Development 9.01 Continuous professional development is a hallmark of professional nursing practice. As a self-regulating profession, nursing recognizes the importance of maintaining a dynamic practice environment which includes ongoing learning, the maintenance of competence, career development, career counselling and succession planning. The parties agree that professional development includes a diverse range of activities, including but not limited to formal academic programs; short-term continuing education activities; certification programs; independent learning committee participation. The parties recognize their joint responsibility in and commitment to active participation in the area of professional development.

  • Skills Development The Company acknowledges the changing pace of technology in the electrical contracting industry and the need for employees to understand those changes and have the necessary skill requirements to keep the Company at the forefront of the industry. The Parties to this Agreement recognise that in order to increase the efficiency, productivity and competitiveness of the Company, a commitment to training and skill development is required. Accordingly, the parties commit themselves to:

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

Time is Money Join Law Insider Premium to draft better contracts faster.