Funding of Improvements. Employer shall pay all Project costs.
Funding of Improvements. Xxxxxx agrees to provide evidence satisfactory to the County that the total amount of funds necessary to undertake the proposed construction are immediately available and dedicated to such purpose and documentation is in place to provide for the orderly disbursement of such funds during the course of construction to pay for all permits, material, labor, supplies, and any other miscellaneous items used or necessary for the construction.
Funding of Improvements. By no later than twenty (20) days after the Effective Date hereof, SD shall remit to the Village of Estero the Pro-Rata Share of the Costs for the Traffic Signal Improvements. Upon payment of the proportionate share of the Traffic Signal Improvements to the Village SD will have satisfied its obligations regarding the Traffic Signal Improvements with respect to Ordinance 2019-29 and any related development orders. Notwithstanding, if the actual construction costs for the Traffic Signal Improvements does not conform with the estimated proportionate share of $180,652.67, the Village and SD shall be obligated as follows:
(a) If the actual proportionate share is less than the amount above the Village shall remit any amounts in excess to SD within 60 days from written notice. If, however, SD’s proportionate share is later determined to exceed the above amount, the Village shall seek reimbursement from SD which shall be paid within 60 days from written notice; failure to remit additional amounts shall constitute a lien against SD’s Property along with any remedies provided for in Paragraphs 5 and 7 below.
Funding of Improvements. The Clerk will fund the entire cost for obtaining, installing, and maintaining the Improvements.
