Capital Improvement. Program (CIP)
Capital Improvement. The Scheme Operator will bear the cost of the Village’s capital improvements including the capital improvement of the Communal Facilities but if the Resident gives a written request for a particular capital improvement to the Accommodation Unit and the Scheme Operator makes the improvement the Resident is to pay the cost.
Capital Improvement. ACPS acknowledges RPCA’s routine grounds maintenance (mowing, occasional cultural practices such as aerification, and top dressing) will eliminate certain natural turf deficiencies within athletic fields, but (CIP) capital investment is required periodically in order to prevent fields from deteriorating to conditions which may impose safety hazards on field users. Potential CIP renovations include blanketed heavy top dressing application (surface correction), sod replacement and repair, leveling, top soil amendment, major irrigation repair (pump replacement, redesign/construction), soil amendment, surface and sub-surface drainage control, and other procedures. ACPS is responsible for porviding capital investment to improve ACPS fields where and when it has been determined (by ACPS/RPCA mutual consent) that the field has deteriorated to a condition wherein user safety is compromised. RPCA recommends ACPS schedule capital investment for field improvement every six years for high-use fields increasing to a ten year interval for moderate use fields; low-use fields can be assessed as needed. High-use fields support regularly schedule team activities (seasonal) and may be subject to compliance under governing athletic organizations or other agency regulations/standards. RPCA agrees to provide technical assistance to ACPS Operations and Maintenance Director in developing appropriate project scopes and approximated cost estimates per school facility/site location as needed in ACPS’ preparation of CIP (cited above).
Capital Improvement. Any capital improvements required during the term of the lease or any extensions thereof that are considered common area maintenance expenses shall be paid for by Landlord. The cost shall be amortized into the common area maintenance expense in accordance with GAAP standards or the useful life, whichever is greater.
Capital Improvement. Any single addition, alteration, demolition, improvement or refurbishing of or to the Stadium Complex or any portion thereof the cost or expense of which is classified as a capital expense by GAAP not included in the construction of the Stadium Complex as constructed in accordance with the CCA.
Capital Improvement. Landlord shall provide Tenant with a one-time reimbursement of $50,000.00 with respect to certain capital improvements to Leased Premises made by Tenant, such reimbursement to be payable within forty-five (45) days of commencement of the Second Extension Period.
Capital Improvement. The addition of any property, land, or land right to SONGS or the replacement, enlargement, or improvement of any property, land, or land right constituting a part of SONGS, which in accordance with Prescribed Accounting Practice would be capitalized, but not including Nuclear Fuel.
Capital Improvement an item of any nature incorporated into the Resort that, according to Generally Accepted Accounting Principles, is not properly deducted as a current expense on the books of the Resort, but rather should be capitalized. Equipment and golf carts under operating leases of greater than one year shall be included as Capital Improvements.
Capital Improvement. 1. All capital improvements ordered by the Board must be included in the WMO's adopted capital improvement program. An improvement fund shall be established for each improvement ordered by the WMO. If ordered by the Board, each Member agrees to contribute to the funds its proportionate share of the engineering, legal, and administrative costs as determined by the amount to be assessed against each Member as a cost of the improvement. The Board shall submit in writing a statement to each Member, setting forth in detail the expenses incurred by the WMO for each improvement. Each Member further agrees to pay its proportionate share of the cost of the improvement in accordance with the determination of the Board, under Section 10, paragraph G. The Board or the Member awarding the contract shall submit in writing copies of the engineer's certificate authorizing payment during construction and the Member being billed agrees to pay its share of the costs within thirty (30) days after receipt of the statement. The Board may also require payment from Members before awarding a contract based upon an engineer's estimate of cost. Billings will then be adjusted when actual costs are known. The Board or the Member awarding the contract shall advise other contributing Members of the tentative time schedule of the work and the estimated times when the contributions shall be necessary.
2. Notwithstanding the provisions of paragraph F(1) above, of the Capital Improvements, the WMO may also fund all or any part of the cost of a capital improvement contained in the capital improvement program of the plan in accordance with Minn. Stat. § 103B.251. The WMO and Dakota County and/or Xxxxxx County may establish a maintenance fund to be used for normal and routine maintenance of an improvement constructed in whole or in part with money provided by Dakota and/or Xxxxxx County pursuant to Minn. Stat. § 103B.251. The levy and collection of an ad valorem tax levy for maintenance shall be by Dakota and/or Xxxxxx County based upon a tax levy resolution adopted by the WMO and remitted to the county(ies) on or before October 1 of each year. If it is determined to levy for maintenance, the WMO shall be required to follow the hearing process established by Minn. Stat. §103D.921. Mailed notice shall also be sent to the clerk of each Member at least thirty (30) days prior to the hearing.
3. The WMO may also fund all or any part of the cost of a capital improvement contained in the capital impr...
Capital Improvement. A material addition or modification to, change in, or replacement or renewal of plant or equipment which comprises a Facility or any other plant, equipment or facilities used by NY-Gen LLC for the production of Energy at the Facility.
