Common use of EVIDENCE OF REDEVELOPER’S ABILITY Clause in Contracts

EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety (90) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with Site Preparation and construction of the Private Improvements, including construction of the Public Enhancements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 2 contracts

Samples: Redevelopment Agreement, Redevelopment Agreement

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EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety sixty (9060) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with Site Preparation and acquisition of the Project Site, construction of the Private Improvements, including and construction of the Redeveloper Public EnhancementsImprovements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Haymarket Redevelopment Agreement

EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety sixty (9060) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with Site Preparation and construction of the Private Improvements, including construction of the Public Enhancements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Redevelopment Agreement

EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety sixty (9060) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with acquisition of the Project Site, Site Preparation Preparation, construction of the New Housing, and construction of the Private Redeveloper Public Improvements, including construction of the Public Enhancements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Antelope Square Redevelopment Agreement

EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety (90) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with acquisition of the Project Site, Site Preparation Preparation, construction of the New Building, and construction of the Private Redeveloper Public Improvements, including construction of the Public Enhancements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Holdrege Redevelopment Agreement

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EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s 's Financial Ability. Redeveloper shall, within ninety sixty (9060) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with Site Preparation construction of the New Building, construction of the Redeveloper Public Improvements, and construction of the Private Improvements, including construction of the Public EnhancementsDry Utility Work. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use uses of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Facade Easement Agreement

EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety (90) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with acquisition of the Project Site, Site Preparation Preparation, construction of the New Buildings, and construction of the Private Redeveloper Public Improvements, including construction of the Public Enhancements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Phase 1 Redevelopment Agreement

EVIDENCE OF REDEVELOPER’S ABILITY. A. Evidence of Redeveloper’s Financial Ability. Redeveloper shall, within ninety sixty (9060) days following the date of this Redevelopment Agreement, state the amount and source of liquid assets on hand and the amount and source of debt financing which has been obtained or irrevocably committed to Redeveloper in connection with Site Preparation and acquisition of the Project Site, construction of first phase of the New Building, construction of the Private remaining Redeveloper Public Improvements, including construction of the Public Enhancements. Such information shall be provided in a form satisfactory to the Finance Director of the City. Evidence of loan commitments shall include all the documents evidencing the loan commitment, and acceptance by the borrower, the purposes of the loan, the authorized use of loan funds, and all other terms and conditions of the loan commitment, the acceptance, and the loan. To the extent allowed by law, the City agrees to keep the information confidential.

Appears in 1 contract

Samples: Redevelopment Agreement

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