Agreed Principles. 1 Named Projects 1.1 This Agreement contemplates the Delivery of four (4) types of Named Projects: 1.1.1 the acquisition of one or more dwellings which require no or minimal work in order to meet the CASSH Minimum Standards and are fit for occupation as CASSH Housing immediately following such acquisition (Acquisition (No Work Required) Project). 1.1.2 the acquisition of one or more dwellings which require repairs to be undertaken before such dwellings meet the CASSH Minimum Standards and are fit for occupation as CASSH Housing (Acquisition (Work Required) Project). 1.1.3 the development of one or more new build dwellings (including by way of any MMC Project) to the CASSH Minimum Standards for use as CASSH Housing on a site either owned by the Grant Recipient or acquired by the Grant Recipient for this purpose (New Build Project). 1.1.4 the remodelling of dwellings already owned by the Grant Recipient to the CASSH Minimum Standards to be used as CASSH Housing (Social Housing Remodelling or Refurbishment Project). 1.2 OPS will identify certain Milestones which must be achieved before Named Project Grant may be claimed pursuant to Condition 10. 1.3 Start on Site will be deemed to have been achieved for Acquisition (No Work Required) Projects and Acquisition (Work Required) Projects where a Completed Interest in the relevant Site has been acquired by the Grant Recipient.
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Samples: Capital Grant Agreement, Capital Grant Agreement, Capital Grant Agreement
Agreed Principles. 1 Named Projects
1.1 This Agreement contemplates the Delivery of four (4) types of Named Projects:
1.1.1 the acquisition of one or more dwellings which require no or minimal work in order to meet the CASSH SHAP Minimum Standards and are fit for occupation as CASSH SHAP Housing immediately following such acquisition (Acquisition (No Work Required) Project).;
1.1.2 the acquisition of one or more dwellings which require repairs to be undertaken before such dwellings meet the CASSH SHAP Minimum Standards and are fit for occupation as CASSH SHAP Housing (Acquisition (Work Required) Project).;
1.1.3 the development of one or more new build dwellings (including by way of any MMC Project) to the CASSH SHAP Minimum Standards for use as CASSH SHAP Housing on a site either owned by the Grant Recipient or acquired by the Grant Recipient for this purpose (New Build Project).; and
1.1.4 the remodelling of dwellings already owned by the Grant Recipient to the CASSH SHAP Minimum Standards to be used as CASSH SHAP Housing (Social Housing Remodelling or Refurbishment Project).
1.2 OPS will identify certain Milestones which must be achieved before Named Project Grant may be claimed pursuant to Condition 10.
1.3 Start on Site will be deemed to have been achieved for Acquisition (No Work Required) Projects and Acquisition (Work Required) Projects where a Completed Interest in the relevant Site has been acquired by the Grant Recipient.
Appears in 1 contract
Samples: Capital Grant Agreement