Inflationary Adjustments for Development Agreements Signed Concurrently by Developer Parcels After September 1, 2005 Sample Clauses

Inflationary Adjustments for Development Agreements Signed Concurrently by Developer Parcels After September 1, 2005. In the event that, on or after September 1, 2005, and within thirty (30) days of each other, all of the Developer Parties enter into the Development Agreement and convey at no cost to the City or the City’s Designee fee title to the City Conveyance Parcels located within each Developer Party’s Parcel, the Net CFD Amount and the Supplemental Development Agreement Fee shall each be increased by the Applicable Percentage, as calculated in accordance with Section 4.3 above.
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Related to Inflationary Adjustments for Development Agreements Signed Concurrently by Developer Parcels After September 1, 2005

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  • ADDITIONAL SPECIAL CONTRACT CONDITIONS A. Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • Rental Rates and Wage Rates for Change Orders As soon as is practical, but prior to the completion of the Construction Preparation Period and in any event prior to the commencement of any Work on the Site, the Contractor shall submit in accordance with the style and format of a specimen to be furnished by the Owner for consideration of the Owner the following: (1) a proposal for rental rates on heavy construction equipment that shall apply in the event Change Order Work is performed, and (2) a proposal for wage rates for the types of project labor that shall apply in the event of the execution of any Change Order Work. Under penalty of false swearing, a principal of the contracting firm shall certify that the proposal for rental rates and proposal for wage rates do not exceed current costs for like services. The Owner will in no event consider a rental rate in excess of eighty percent of the rate set forth in the latest edition of the "Compilation of Nationally Averaged Rental Rates for Construction Equipment" of the Associated Equipment Distributors unless the rates proposed in excess of eighty percent are supported by proof satisfactory to the Owner that the excess rates are reasonable. If the equipment is owned by the Contractor the costs shall be charged at a maximum of eighty percent of market monthly rental rates for the amount of time used. If applicable, transportation costs may be included. The decision of the Owner shall be final, binding and conclusive on all parties. Rental rates shall be payable only for the actual time the equipment is required on the Site.

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