Maintenance, Repairs and Utilities. (a) The Authority shall throughout the Agreement Term and at its own expense (i) keep and maintain the Project and all parts thereof in good repair and operating condition, making from to time all necessary repairs thereto and renewals and replacements thereof, and (ii) keep the Project and all parts thereof in safe condition and free from filth, nuisance or conditions unreasonably increasing the danger of fire. (b) The Authority shall contract in its own name and pay for all utilities and utility services used by the Authority in, on or about the Project, and the Authority shall, at its sole cost and expense, procure any and all permits, licenses or authorizations necessary in connection therewith. (c) The City and State shall have no obligation to provide any funding for the operations or maintenance of the Project. However the City and the State, if requested, will support the Authority in finding funding to assist with operations and maintenance of the Project, including but limited to, the creation of a Community Improvement District and/or Transportation Improvement District for the Project Site, with each district having the power to impose a sales tax up to one (1) percent.
Appears in 4 contracts
Samples: Project Financing, Construction and Lease Agreement, Project Financing, Construction and Lease Agreement, Project Financing, Construction and Lease Agreement
Maintenance, Repairs and Utilities. (a) The Authority shall throughout the Agreement Term and at its own expense (i) keep and maintain the Project and all parts thereof in good repair and operating condition, making from time to time all necessary repairs thereto and renewals and replacements thereof, and (ii) keep the Project and all parts thereof in safe condition and free from filth, nuisance or conditions unreasonably increasing the danger of fire.
(b) The Authority shall contract in its own name and pay for all utilities and utility services used by the Authority in, on or about the Project, and the Authority shall, at its sole cost and expense, procure any and all permits, licenses or authorizations necessary in connection therewith.
(c) The City and State shall have no obligation to provide any funding for the operations or maintenance of the Project. However However, the City and the State, if requested, will use all reasonable efforts to support the Authority in finding funding to assist with operations and maintenance of the Project, including including, but limited to, the creation of a Community Improvement District and/or Transportation Improvement District for the Project Site, with each district having the power to impose a sales tax up to one (1) percent.
Appears in 1 contract
Samples: Project Financing, Construction and Lease Agreement
Maintenance, Repairs and Utilities. (a) The Authority shall throughout the Agreement Term and at its own expense (i) keep and maintain the Project and all parts thereof in good repair and operating condition, making from time to time all necessary repairs thereto and renewals and replacements thereof, and (ii) keep the Project and all parts thereof in safe condition and free from filth, nuisance or conditions unreasonably increasing the danger of fire.
(b) The Authority shall contract in its own name and pay for all utilities and utility services used by the Authority in, on or about the Project, and the Authority shall, at its sole cost and expense, procure any and all permits, licenses or authorizations necessary in connection therewith.
(c) The City and State shall have no obligation to provide any funding for the operations or maintenance of the Project. However However, the City and the State, if requested, will use reasonable efforts, given their existing priorities, to support the Authority in finding funding to assist with operations and maintenance of the Project, including including, but limited to, the creation of a Community Improvement District and/or Transportation Improvement District for the Project Site, with each district having the power to impose a sales tax up to one (1) percent.
Appears in 1 contract
Samples: Project Financing, Construction and Lease Agreement