Common use of AGREEMENT PURPOSE Clause in Contracts

AGREEMENT PURPOSE. Developer shall undertake the Project which is anticipated to benefit the City, enhance the value of all the taxable real property in the TIRZ, and promote economic development which would not otherwise occur solely through private investment in the reasonably foreseeable future.

Appears in 3 contracts

Samples: Nabors Project Development Agreement, MLK Place Project Development Agreement, Village at Roosevelt Project Development Agreement

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AGREEMENT PURPOSE. 1.1 Developer shall undertake the Project which is anticipated to benefit the City, enhance the value of all the taxable real property in the TIRZ, and promote economic development which would not otherwise occur solely through private investment in the reasonably foreseeable future.

Appears in 1 contract

Samples: Project Development Agreement

AGREEMENT PURPOSE. 1.1 Developer shall undertake the Project which is anticipated to benefit the City, enhance the value of all the taxable real property in the TIRZ, and promote economic development which activity including parking lot, fence, landscaping, parking lot lights, exterior painting, exterior stairs, storefront glass, façade improvements, and other infrastructure improvements necessary to complete the renovation of an existing warehouse building into a mixed-use building to include live/work condos and commercial space that would otherwise not otherwise occur solely at 000 Xxxx Xxxx Xxxxx through private investment in the reasonably foreseeable future.

Appears in 1 contract

Samples: The Andy Project Development Agreement

AGREEMENT PURPOSE. 1.1 Developer shall undertake the Project which is anticipated to benefit the City, enhance the value of all the taxable real property in the TIRZ, and promote economic development through additional open space and improved streets and sidewalks for the Mobile Food Truck Park Project located at 000 Xxxxxx Xxxxxx which would not otherwise occur solely through private investment in the reasonably foreseeable future.

Appears in 1 contract

Samples: Mobile Food Truck Park Project Development Agreement

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AGREEMENT PURPOSE. 1.1 Developer shall undertake the Project which is anticipated to benefit the City, enhance the value of all the taxable real property in the TIRZ, and promote economic development such as additional open space, streets and sidewalks for the Project located at 0000 Xxxxxxxx Xxxxxx which would not otherwise occur solely through private investment in the reasonably foreseeable future.

Appears in 1 contract

Samples: Broadway Jones Apartments Development Agreement

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