Common use of Evidence of Financial Ability of Redeveloper Clause in Contracts

Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged basis evidence of availability of the specific amount of finances necessary for purposes of carrying out the commitment of the Redeveloper in connection with redevelopment of the Project Area. Such information shall state the amount of loan commitments and source of liquid assets on hand or immediately available to the Redeveloper for design and construction of the Redeveloper Project Undertakings. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 3 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Redevelopment Agreement

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Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged basis evidence of availability of the specific amount of finances necessary for purposes of carrying out the commitment of the Redeveloper in connection with redevelopment of the Project Area. Such information shall state the amount of loan commitments and source of liquid assets on hand or immediately available to the Redeveloper for design and construction of the Redeveloper Project UndertakingsImprovements. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 3 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement, Lincoln Redevelopment Agreement

Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged basis evidence of availability of that Redeveloper has secured adequate financing for the specific amount of finances necessary for purposes of carrying out the commitment commitments of the Redeveloper stated throughout this Agreement in connection with redevelopment of the Project Area. Such information evidence shall state include the amount of loan commitments and source of liquid assets on hand or immediately available to the Redeveloper for design and construction of the Private Improvements and Redeveloper Project Undertakings. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 2 contracts

Samples: Façade Easement Agreement, Redevelopment Agreement

Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged privilege basis evidence of availability of the specific amount of finances necessary for purposes of carrying out the commitment of the Redeveloper in connection with redevelopment of the Redevelopment Project Area. Such information shall state the amount of loan commitments and source of liquid assets on hand or immediately available to the Redeveloper for acquisition of the Redeveloper Property and design and construction of the Redeveloper Project UndertakingsImprovements. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 1 contract

Samples: Easement and Maintenance Agreement

Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged privilege basis (to the extent allowed by law) evidence of availability of the specific amount of finances necessary for purposes of carrying out the commitment of the Redeveloper in connection with redevelopment of the Project Area. Such information shall state the amount of loan commitments and source of a loan commitment and liquid assets on hand or immediately available to the Redeveloper for design and construction of the Redeveloper Project UndertakingsImprovements. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 1 contract

Samples: Redevelopment Agreement

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Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged privilege basis (to the extent allowed by law) evidence of availability of the specific amount of finances necessary for purposes of carrying out the commitment of the Redeveloper in connection with redevelopment of the Project Area. Such information shall state the amount of loan commitments and source of liquid assets on hand or immediately available to the Redeveloper for design and construction of the Redeveloper Project UndertakingsImprovements. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 1 contract

Samples: Façade Agreement

Evidence of Financial Ability of Redeveloper. The Redeveloper shall within sixty (60) days of the execution of this Agreement provide to the City on a confidential and privileged basis evidence of availability of that Redeveloper has secured adequate financing for the specific amount of finances necessary for purposes of carrying out the commitment commitments of the Redeveloper stated throughout this Agreement in connection with redevelopment of the Project Area. Such information evidence shall state include the amount of loan commitments and source of liquid assets on hand or immediately available to the Redeveloper for design and construction of the Redeveloper Project UndertakingsImprovements. Such information shall be provided in a form satisfactory to the Finance Director of the City.

Appears in 1 contract

Samples: Redevelopment Agreement

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