Business Improvement District Clause Samples
Business Improvement District. Portions of the Project Site are currently situated in a Business Improvement District ("BID") established under Article 19-A of the General Municipal Law. The Company acknowledges that the boundaries of the BID may be extended to encompass the remainder of the Project Site. The Company agrees to pay all BID fees on the same basis as any other property owner in the BID, and such BID fees shall be deemed special assessments irrespective of whether the Project is subject to the payment of real estate taxes. To mitigate the adverse impacts on local businesses during construction, the Company will work with the BID to help ensure that area businesses are properly positioned to benefit from increased activity in the revitalized downtown. The Company will prepare a study or hold a seminar, in conjunction with the BID, that outlines recommended business marketing and management strategies and techniques to help existing retail and service establishments capture the potential increase in business activity—both during and after construction—as a result of their proximity to the Project.
Business Improvement District. The Property is located in and subject to assessments imposed by a Business Improvement District. Seller has furnished to Purchaser copies of the current bills for assessments required to be paid in connection with the Business Improvement District.
Business Improvement District. Redeveloper understands and acknowledges that the City intends to create, pursuant to Neb. Rev. Stat. §§ 19-4015 to 19-4038 (Business Improvement District Act), one or more business improvement districts, similar to the Downtown Maintenance District and Downtown Business Improvement District and the Core Business Improvement District Overlay (i.e. Management Districts) approved by Ordinance Nos. 17271, 18684 and 18683, respectively, within the West Haymarket Redevelopment Area, the boundaries of which include the Project Site. Redeveloper is supportive of the City's intention and as an inducement for the City to proceed with creation of said business improvement district(s), the Redeveloper agrees to and does hereby waive its right to protest the creation of the district(s), provided the work to be performed and the specific improvements proposed to be made or maintained for such districts and the method of assessment to pay the cost and expenses thereof are substantially the same as the Downtown Maintenance District and the Downtown Business Improvement District and the Core Business Improvement District Overlay. Section 307. Construction Administration. Redeveloper shall be responsible for all components of the Private Improvements constructed by Redeveloper including construction management, coordination of contractors and regulatory permitting and other requirements. Redeveloper and its contractor(s) shall reasonably cooperate with other JPA contractors performing work in the West Haymarket Redevelopment Area including, but not limited to, Redeveloper's scheduling of its work to provide for a smooth sequence of operations. The JPA shall insert a similar duty of cooperation in its contracts for construction of the JPA's West Haymarket Project improvements. The Redeveloper will be solely responsible for payment of all construction costs for the Private Improvements. With the City’s consent and approval, which shall not be unreasonably withheld, Redeveloper and its general contractor shall be entitled, subject to the terms and conditions of the Staging Plan (Exhibit K), to make use of the designated West Haymarket Redevelopment Areas not needed for the staging or construction of other JPA West Haymarket Projects and/or JPA/City Public Improvements as staging areas for construction of the Private Improvements.
Business Improvement District. (BID) No. 4. An improvement and special services assessment district along a portion of ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ Boulevard created by City ordinance pursuant to 11 Okla. Stat. Supp. 2001 § 39-101 et seq. which was defined for the purpose of addressing and providing services on a comprehensive basis, and is described to be all property lying within the Western Avenue BID, more particularly described in Exhibit 1.1 – Legal Description, and Exhibit 1.2 – BID Map, attached hereto.