Land Acquisition Costs. The Cooperator’s costs for land acquisition needed for the Project will count towards the Cooperator’s funding match, provided the land was purchased solely for the Project. If the Project is for construction only, the allowable funding match is identified in the Project Plan. If the Project includes design and construction, the Cooperator shall provide the District with a property appraisal for review by District staff; the Cooperator’s allowable funding match will be determined by the District, in its sole discretion.
Land Acquisition Costs. PPH shall be responsible for the acquisition of all properties essential to implement the MOU, including without limitation the West Properties, Northeast Properties, and East Properties. The Parties acknowledge that it is desirable that the land necessary for the construction of the Downtown Redevelopment Project be obtained by negotiated purchase, and the Parties shall work cooperatively and in good faith to so acquire such land. The Parties acknowledge that there can be no assurance that the properties proposed to be acquired will successfully be acquired, or that they will be acquired by a date-certain, or that each of the referenced parcels will be acquired, as these outcomes are subject to fluctuating market conditions and the evolving medical demands of the District. The provisions pertaining to the acquisition of these properties - as all provisions of this MOU - shall be subject to the force majeure provisions described in Section XXIII. The City shall not be responsible, either directly or as guarantor, for any costs of acquiring properties, including without limitation land costs, relocation expenses, goodwill payments, or related costs. However, the City will perform the services necessary to expedite the acquisition of properties, the entitlement process, and the design of the Downtown Redevelopment Project, including (a) preparing the Downtown Redevelopment Project boundary survey and description, including preparing a base map to be used by the design teams prior to the start of schematic design; (b) engaging a design/consulting team to design and plan the utility relocations and public roadway improvements associated with Vacation/Transfer of the Valley Boulevard Road Segment; and (c) processing any required changes to zoning laws or the specific or general plans as necessary to pursue the activities of the Downtown Redevelopment Project.
Land Acquisition Costs. Certain costs associated with land acquisitions can be reimbursed from the Special Accounts. These reimbursable costs are specified in Appendix A and on the Estimated Direct Cost Form (Appendix B-1) for SNPLMA acquisitions and the Estimated Direct Cost Form (Appendix B-2) for FLTFA acquisitions. Costs that are not reimbursable will be the responsibility of the acquiring agency. Several changes and additions have been made to the allowed costs and some costs are now reimbursable even if the acquisition cannot be completed. These changes are discussed below.
Land Acquisition Costs. Expenses paid by the City of Edmonton to acquire additional land necessary for school purposes as defined by the Joint-Use Agreement.
Land Acquisition Costs. Funds may not be used to acquire land or an interest in land. Signature
