Common use of FIP Administration Reimbursement Clause in Contracts

FIP Administration Reimbursement. The DDA will reimburse the City for administration of the FIP on a per project fee basis. The following fees will be used for the 2016 calendar year: $1,500 for funded projects with total estimated costs of less than $1 million dollars, $2,500 for funded projects with total estimated costs of $1 million dollars or greater, and $750 for unfunded projects. The DDA will reimburse the administration costs to the City at the time a project is funded (for funded projects); after denial of funding by the DDA Board (for unfunded projects); or after it is determined that the applicant will not complete the project (for a project approved, but not funded).

FIP Administration Reimbursement. The DDA will reimburse the City for administration of the FIP on a per project fee basis. The following fees will be used for the 2016 2018 calendar year: $1,500 for funded projects with total estimated costs of less than $1 million dollars, ; $2,500 for funded projects with total estimated costs of $1 million dollars or greater, more; and $750 for unfunded projects. The DDA will reimburse the administration costs to the City at the time a project is funded (for funded projects); , after denial of funding by the DDA Board (for unfunded projects); , or after it is determined that the applicant will not complete the project (for a project approved, approved but not funded).

FIP Administration Reimbursement. The DDA will reimburse the City for administration of the FIP on a per project fee basis. The following fees will be used for the 2016 2019 calendar year: $1,500 for funded projects with total estimated costs of less than $1 million dollars, ; $2,500 for funded projects with total estimated costs of $1 million dollars or greater, more; and $750 for unfunded projects. The DDA will reimburse the administration costs to the City at the time a project is funded (for funded projects); , after denial of funding by the DDA Board (for unfunded projects); , or after it is determined that the applicant will not complete the project (for a project approved, approved but not funded).

FIP Administration Reimbursement. The DDA will reimburse the City for administration of the FIP on a per project fee basis. The following fees will be used for the 2016 2020 calendar year: $1,500 for funded projects with total estimated costs of less than $1 million dollars, ; $2,500 for funded projects with total estimated costs of $1 million dollars or greater, more; and $750 for unfunded projects. The DDA will reimburse the administration costs to the City at the time a project is funded (for funded projects); , after denial of funding by the DDA Board (for unfunded projects); , or after it is determined that the applicant will not complete the project (for a project approved, approved but not funded).

FIP Administration Reimbursement. The DDA will reimburse the City for administration of the FIP on a per project fee basis. The following fees will be used for the 2016 2017 calendar year: $1,500 for funded projects with total estimated costs of less than $1 million dollars, $2,500 for funded projects with total estimated costs of $1 million dollars or greater, and $750 for unfunded projects. The DDA will reimburse the administration costs to the City at the time a project is funded (for funded projects); after denial of funding by the DDA Board (for unfunded projects); or after it is determined that the applicant will not complete the project (for a project approved, but not funded).