District’s Purchase Option. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the balance of the “Loan Amount” identified in Attachment 3, which is exclusive of interest that would have otherwise been owed, as of the date the option is exercised (“Option Price”). Said payment shall be made on or before the date on which the District’s lease payment would otherwise be due for that month (“Option Date”).
5.2 District shall provide to Developer a written notice no less than ten (10) days prior to the Option Date. The notice will include that District is exercising its option to purchase the Project as set forth above on the Option Date. If the District exercises this option, the District shall pay directly to Developer the Option Price on or prior to the Option Date and Developer shall at that time deliver to District an executed Termination Agreement and Quitclaim Deed in recordable form to terminate this Facilities Lease and the Site Lease. District may record all such documents at District’s cost and expense.
5.3 Under no circumstances can the first Option Date be on or before ninety (90) days after Developer completes the Project and the District accepts the Project. To be attached. Loan Amount: $ Interest: 8.50% Annual Term in Months 12.00 Payment Frequency Monthly Payment Monthly Payment Principal Payment Interest Payment Balance 1
District’s Purchase Option. 5.1. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Master Facilities Lease and Site Lease by paying the total remaining unpaid Lease Payments as of the date the option is exercised (“Option Price”).
5.2. District shall provide Developer no less than fourteen (14) days’ prior written notice that District is exercising its option to purchase the Project as set forth above on a specific date (“Option Date”). If the District exercises this option, the District shall pay directly to Developer the Option Price on or prior to the Option Date and Developer shall at that time deliver to District all reasonably necessary documents in recordable form to terminate this Master Facilities Lease and the Master Site Lease. District may record all such documents at
5.3. Under no circumstances can the first Option Date be on or before thirty-five (35) days after the Developer completes the Project and the District accepts the Project.
District’s Purchase Option. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the balance of the “Loan Amount” identified in Attachment 3, which is exclusive of interest that would have otherwise been owed, as of the date the option is exercised (“Option Price”). Said payment shall be made on or before the date on which the District’s lease payment would otherwise be due for that month (“Option Date”).
5.2 District shall provide to Developer a written notice no less than ten (10) days prior to the Option Date. The notice will include that District is exercising its option to purchase the Project as set forth above on the Option Date. If the District exercises this option, the District shall pay directly to Developer the Option Price on or prior to the Option Date and Developer shall at that time deliver to District an executed Termination Agreement and Quitclaim Deed in recordable form to terminate this Facilities Lease and the Site Lease. District may record all such documents at District’s cost and expense.
5.3 Under no circumstances can the first Option Date be on or before ninety (90) days after the Developer completes the Project and the District accepts the Project. Project Manager 87 WKS 3,000 261,000 Superintendent 87 WKS 4,880 424,560 Xxxxxxxxx Misc in trades - General Laborer 87 WKS 2,500 217,500 - Assistant Superintendent 60 WKS 3,500 210,000 Project Engineer 87 WKS 2,300 200,100 Office Admin - Onsite 87 WKS 1,000 87,000 - - - - FIELD OFFICE AND EQUIPMENT - Trailer(s) 20 MOS 800 16,000 Move In/Out 1 LS 4,000 4,000 Computer & Software 20 MOS 550 11,000 Copy/Fax/Printer 20 MOS 200 4,000 Postage, Delivery, Messenger 20 MOS 150 3,000 Office Supplies, Consumables 20 MOS 150 3,000 Drinking Water 20 MOS 50 1,000 - JOB TRANSPORTATION - Pick-ups 20 MOS 4,500 90,000 Gas 20 MOS 1,000 20,000 Maintenance 20 MOS 500 10,000 Parking NIC - - PLANT & EQUIPMENT - Small Tools and Equipment 20 MOS 1,000 20,000 Chemical Toilets 20 MOS 2,000 40,000 - PROTECTION TO GROUNDS - Temporary Fencing 1 LS 20,000 20,000 Watchman/Security NIC - Site Webcam(s) 20 MO 500 10,000 SAFETY - First Aid & Training 1 LS 2,500 2,500 Safety 1 LS 7,500 7,500 - PERIODIC/FINAL CLEAN-UP - Dumpsters 80 EA 800 64,000 Weekly Clean-up (Miscellaneous Labor) 87 WKS 2,000 174,000 Final Clean-Up 1 LS 30,000 30,000 - MISCELLANEOUS - Testing and I...
District’s Purchase Option. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the balance of the “Loan Amount” identified in Attachment 3, which is exclusive of interest that would have otherwise been owed, as of the date the option is exercised (“Option Price”). Said DWK DMS 3089520v1 payment shall be made on or before the date on which the District’s lease payment would otherwise be due for that month (“Option Date”).
5.2 District shall provide to Developer a written notice no less than ten (10) days prior to the Option Date. The notice will include that District is exercising its option to purchase the Project as set forth above on the Option Date. If the District exercises this option, the District shall pay directly to Developer the Option Price on or prior to the Option Date and Developer shall at that time deliver to District an executed Termination Agreement and Quitclaim Deed in recordable form to terminate this Facilities Lease and the Site Lease. District may record all such documents at District’s cost and expense.
5.3 Under no circumstances can the first Option Date be on or before ninety (90) days after the Developer completes the Project and the District accepts the Project. DWK DMS 3089520v1 Included in Increment 1 GMP. DWK DMS 3089520v1 Attached. DWK DMS 3089520v1 Inc 2 Inc 2 Inc 2 Inc 2 DIVISION 1 : GENERAL REQUIREMENTS /GSF #REF! 35,000 - General Conditions - mo allow - Jobsite Security 1.0 ls - Permits, Fees, Design, Testing, Inspections nic - SWPPP 1.0 allow 35,000 35,000 - Preconstruction ls - - DIVISION 2 : EXISTING CONDITIONS /GSF - 65,758 - 02 21 00 Site Surveys and Existing Conditions - Construction Staking 1.0 allow 20,000 20,000 Private Utility Locating nic - - 02 41 13 Site Demolition in SITEWORK - - 02 41 19 Selective Demolition - Concrete SLABS & SIDEWALKS Sawcut, Demo, Offhaul 1.0 ls 25,000 25,000 Windows and Doors, Walls 1.0 ls 20,758 20,758 Roofing in ROOFING - - Demolition & Abatement completed prior to Nov 28, 2018 nic - Hazardous Materials Removal or Abatement nic - - DIVISION 3: CONCRETE /GSF - 310,855 - 03 11 00 Concrete Formwork in 03 30 00 - - 03 20 00 Concrete Reinforcing in 03 30 00 - - 03 30 00 Cast-In-Place Concrete 1.0 ls 185,855 185,855 - Interior Floor Patch 1,000.0 sf allow 20 20,000 - Joint Sealants at Sidewalk Expansion Joints 1.0 ls allow 8,000 8,0...
District’s Purchase Option. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the balance of the “Loan Amount” identified in Attachment 3, which is exclusive of interest that would have otherwise been owed, as of the date the option is exercised (“Option Price”). Said payment shall be made on or before the date on which the District’s lease payment would otherwise be due for that month (“Option Date”).
5.2 District shall provide to Developer a written notice no less than ten (10) days prior to the Option Date. The notice will include that District is exercising its option to purchase the Project as set forth above on the Option Date. If the District exercises
5.3 Under no circumstances can the first Option Date be on or before ninety (90) days after the Developer completes the Project and the District accepts the Project. ATTACHMENT 1 GENERAL CONDITIONS COSTS
District’s Purchase Option. 5.1 If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the balance of the “Loan Amount” identified in Attachment 3, which is exclusive of interest that would have otherwise been owed, as of the date the option is exercised (“Option Price”). Said payment shall be made on or before the date on which the District’s lease payment would otherwise be due for that month (“Option Date”).
5.2 District shall provide to Developer a written notice no less than ten (10) days prior to the Option Date. The notice will include that District is exercising its option to purchase the Project as set forth above on the Option Date. If the District exercises this option, the District shall pay directly to Developer the Option Price on or prior to the Option Date and Developer shall at that time deliver to District an executed Termination Agreement and Quitclaim Deed in recordable form to
5.3 Under no circumstances can the first Option Date be on or before ninety (90) days after the Developer completes the Project and the District accepts the Project. ATTACHMENT 1 GENERAL CONDITIONS COSTS Project (On Site Jobsite Staff) Direct Cost of the Work General Conditions Overhead and Profit Paid by District Temporary Utilities Direct Cost of the Work General Conditions Overhead and Profit Paid by District Direct Job Costs Direct Cost of the Work General Conditions Overhead and Profit Paid by District Temporary Facilities Direct Cost of the Work General Conditions Overhead and Profit Paid by District Miscellaneous Project Costs Direct Cost of the Work General Conditions Overhead and Profit Paid by District Hoisting Direct Cost of the Work General Conditions Overhead and Profit Paid by District Contractor's Main Office Staff Direct Cost of the Work General Conditions Overhead and Profit Paid by District General Conditions Total Cost transfer to Fee Proposal $3,177,000.00 ATTACHMENT 2 GUARANTEED MAXIMUM PRICE ATTACHMENT 3 SCHEDULE OF LEASE PAYMENTS Totals $1,549,195.68 $1,500,000 $49,195.68 Attached are the general construction terms and conditions for the Project. Exhibit D to Facilities Lease Xxxx X. Xxxxxx Middle School Increment #2 Project BY AND BETWEEN FREMONT UNIFIED SCHOOL DISTRICT
District’s Purchase Option. If the District is not then in uncured Default hereunder, the District shall have the option to purchase not less than all of the Project in its “as-is, where-is” condition and terminate this Facilities Lease and Site Lease by paying the balance of the “Loan Amount” identified in Attachment 2, which is exclusive of interest that would have otherwise been owed, as of the date the option is exercised (“Option Price”). Said payment shall be made on or before the date on which the District’s lease payment would otherwise be due for that month (“Option Date”).
District’s Purchase Option. If the District is not then in uncured default hereunder, the District shall have the option to purchase not less than all of the Project and terminate this Master Facilities Lease and Master Site Lease by paying the total remaining unpaid Lease Payments as of the date the option is exercised (“Option Price”). District shall provide Contractor no less than fourteen (14) days’ prior written notice that District is exercising its option to purchase the Project as set forth above on a specific date (“Option Date”). If the District exercises this option, the District shall pay directly to Contractor the Option Price on or prior to the Option Date and Contractor shall at that time deliver to District all reasonably necessary documents to terminate this Master Facilities Lease and the Master Site Lease. Under no circumstances can the Option Date be on or before thirty-five (35) days after the Contractor achieves Final Completion of the Project.
District’s Purchase Option. The District is hereby granted the option to purchase the Leased Property by paying: (a) an amount (the “Purchase Option Price”) to the Trustee which, together with other amounts then on deposit in the Certificate Fund and the Leased Property Project Account that are available for such purpose, is sufficient to pay all the Outstanding Certificates at maturity, to redeem all the Outstanding Certificates in accordance with the redemption provisions of the Indenture or to defease all the Outstanding Certificates in accordance with the defeasance provisions of the Indenture; and (b) all Additional Rent payable through the date of conveyance of the Leased Property to the District or its designee pursuant to this Article, including, but not limited to, all fees and expenses of the Trustee relating to the conveyance of the Leased Property and the payment or redemption of the Certificates.
