Construction of Project; Insurance. (a) Redeveloper will complete the Project and install all infrastructure, improvements, buildings, fixtures, equipment and furnishings necessary to operate the Project. Redeveloper shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. Until construction of the Project has been completed, Redeveloper shall make reports in such detail and at such times as may be reasonably requested by the Authority as to the actual progress of Redeveloper with respect to construction of the Project. Promptly after completion by the Redeveloper of the Project, the Redeveloper shall furnish to the Authority a Certificate of Completion. The certification by the Redeveloper shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Contract with respect to the obligations of Redeveloper and its successors and assigns to construct the Project. As used herein, the term “completion” shall meant substantial completion of the Project.
Construction of Project; Insurance. Penal Bond. The Developer will acquire the project site by purchase from the Agency and construct a minimum 11,000 square foot commercial retail shopping center on the Premises. Construction on the project shall begin prior to the 3rd quarter of 2015 and shall be complete and ready for occupancy prior to January 1, 2016, pursuant to the Plan set forth on attached Exhibit C. The Developer shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. Until construction of the Project has been completed, the Developer shall make reports in such detail and at such times as may be reasonably requested by the Agency (not to exceed one report per month) as to the actual progress of the Developer with respect to construction of the Project. Promptly after completion by the Developer of the Project, the Developer shall furnish to the Agency a certificate of completion. The certification by the Developer shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Contract with respect to the obligations of the Developer and its successors and assigns to construct the Project. As used herein, the term "completion" shall mean substantial completion of the Project. Any contractor chosen by the Developer or the Developer itself shall be required to obtain and keep in force at all times until completion of construction, policies of insurance including coverage for contractors' general liability, completed operations and automobile liability. The minimum acceptable limits of liability to be provided by such insurance are: bodily injury of $2 million per person or occurrence and property damage of $2 million per occurrence. The Agency, the Developer, the City and the Agency shall be named as additional insured parties. Any contractor chosen by the Developer or the Developer itself, as an owner, shall be required to purchase and maintain property insurance upon the Project to the full insurable value thereof. This insurance shall insure against the perils of fire and extended coverage and shall include "All Risk" insurance for physical loss or damage. Notwithstanding the foregoing, the Developer reserves the right to self-insure against the risks described herein. The contractor or the Developer, as the case may be, shall furnish the Agency with a Certificate(s) of Insurance evidencing policies as required above. Such certificates shall specifically indicate that the p...
Construction of Project; Insurance. Penal Bond. The Developer will acquire the project site by purchase from the Agency and a greenhouse and/or hoop house on the Premises, as well as developing and renovating the existing building on the project site. Developer will provide for other paving, landscaping, and general site work on the project site. Construction on the project shall begin prior to the 3rd quarter of 2016 and shall be complete and ready for occupancy prior to January 1, 2017, pursuant to the Plan set forth on attached Exhibit C. The Developer shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. Until construction of the Project has been completed, the Developer shall make reports in such detail and at such times as may be reasonably requested by the Agency (not to exceed one report per month) as to the actual progress of the Developer with respect to construction of the Project. Promptly after completion by the Developer of the Project, the Developer shall furnish to the Agency a certificate of completion. The certification by the Developer shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Contract with respect to the obligations of the Developer and its successors and assigns to construct the Project. As used herein, the term "completion" shall mean substantial completion of the Project. Any contractor chosen by the Developer or the Developer itself shall be required to obtain and keep in force at all times until completion of construction, policies of insurance including coverage for contractors' general liability, completed operations and automobile liability. The minimum acceptable limits of liability to be provided by such insurance are: bodily injury of $2 million per person or occurrence and property damage of $2 million per occurrence. The Agency, the Developer, the City and the Agency shall be named as additional insured parties. Any contractor chosen by the Developer or the Developer itself, as an owner, shall be required to purchase and maintain property insurance upon the Project to the full insurable value thereof. This insurance shall insure against the perils of fire and extended coverage and shall include "All Risk" insurance for physical loss or damage. Notwithstanding the foregoing, the Developer reserves the right to self-insure against the risks described herein. The contractor or the Developer, as the case may be, shall furnish the Ag...
Construction of Project; Insurance. (a) The Redevelopers will complete the Redeveloper Public Improvements and the Private Improvements as described on Exhibit “A” and install all equipment necessary to operate the Redeveloper Public Improvements and the Private Improvements for each phase of the Project no later than the completion date for the applicable phase set forth on Exhibit “B”. Stonyhill may, upon written notice to the CDA, accelerate or delay Phase Two and/or Phase Three of the Project based on the schedule of construction and sale of the residential homes to be constructed. The Redevelopers shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Redeveloper Public Improvements and the Private Improvements. Until construction of the Redeveloper Public Improvements and the Private Improvements has been completed, Redevelopers shall make reports in such detail and at such times as may be reasonably requested by the CDA as to the actual progress of Redevelopers with respect to construction of the Redeveloper Public Improvements and the Private Improvements. Promptly after substantial completion by Redevelopers of the Redeveloper Public Improvements and the Private Improvements for each phase of the Project, Redevelopers shall notify the CDA of the completion and request that the CDA issue a Certificate of Completion, the form of which is attached as Exhibit “D” and incorporated by this reference. Once issued by the CDA, the Certificate of Completion for each phase of the Project shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Agreement with respect to the obligations of Redevelopers to construct the Redeveloper Public Improvements and the Private Improvements for such phase, and Redevelopers shall be entitled to record the Certificate of Completion.
Construction of Project; Insurance. (a) Redeveloper will complete the Public Improvements and Private Improvements as described on Exhibit “A” and install all equipment necessary to operate the Public Improvements and Private Improvements no later than the Project Completion Date. Redeveloper shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Public Improvements and Private Improvements. Promptly after completion by Redeveloper of the Public Improvements and Private Improvements, Redeveloper shall furnish to the CDA a Certificate of Completion, the form of which is attached as Exhibit “C” and incorporated by this reference. If signed by the CDA, then the certification by Redeveloper shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Agreement with respect to the obligations of Redeveloper to construct the Public Improvements and Private Improvements.
Construction of Project; Insurance. (a) Redeveloper will complete the Project and install all infrastructure, improvements, buildings, fixtures, equipment and furnishings necessary to operate the Project. Redeveloper shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. Until construction of the Project has been completed, Redeveloper shall make reports in such detail and at such times as may be reasonably requested by the Authority as to the actual progress of Redeveloper with respect to construction of the Project. Promptly after completion by the Redeveloper of each Phase of the Project, the Redeveloper shall furnish to the Authority a Certificate of Completion (supported by such architect's or engineer's certificates as are required under the terms of the contract documents) for such Phase, including each structure or element of infrastructure completed in such Phase.
Construction of Project; Insurance. (a) Redeveloper will complete the Project and install all improvements, buildings, fixtures, equipment and furnishings necessary to operate the Project. Redeveloper shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. The Village agrees, subject to its governing ordinances, to approve a use permit for construction and operation of the Project. Until construction of the Project has been completed, Redeveloper shall make reports in such detail and at such times as may be reasonably requested by the Village as to the actual progress of Redeveloper with respect to construction of the Project. Promptly after completion by the Redeveloper of the Project, the Redeveloper shall furnish to the Village a Certificate of Completion. The certification by the Redeveloper shall be a conclusive determination of satisfaction of the agreements and covenants in this Redevelopment Contract with respect to the obligations of Redeveloper and its successors and assigns to construct the Project. As used herein, the term “completion” shall mean substantial completion of the Project.
Construction of Project; Insurance. Public Use
Construction of Project; Insurance. 8 Section 4.02
Construction of Project; Insurance. (a) Redeveloper will complete the Project and install all improvements, buildings, fixtures, equipment and furnishings necessary to operate the Project. Redeveloper shall be solely responsible for obtaining all permits and approvals necessary to acquire, construct and equip the Project. The City agrees, subject to its governing ordinances, to approve a use permit for construction and operation of the Project. Until construction of the Project has been completed, Redeveloper shall make reports in such detail and at such times as may be reasonably requested by the City as to the actual progress of Redeveloper with respect to construction of the Project. Promptly after completion by the Redeveloper of the Project, the Redeveloper
