Common use of No Advantage to City Construction Clause in Contracts

No Advantage to City Construction. The City, by its approval of this Acquisition Agreement, has determined that it will obtain no advantage from undertaking the construction by the City directly of the Facilities and that the provisions of this Acquisition Agreement require that the Facilities constructed by the Owner and acquired with the funds in the Improvement Fund, as defined below, be constructed as if they had been constructed under the direction and supervision of the City. The Owner hereby represents that it has experience in the supervision of the construction of improvements of the character of the Facilities.

Appears in 5 contracts

Samples: Acquisition Agreement, Acquisition Agreement, Acquisition Agreement

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No Advantage to City Construction. The City, by its approval of this Acquisition Agreement, has determined that it will obtain no advantage from undertaking the construction by the City directly of the Facilities Facilities, and that the provisions of this Acquisition Agreement require that the Facilities constructed by the Owner and acquired with the funds in the Improvement Acquisition and Construction Fund, as defined below, be constructed as if they had been constructed under the direction and supervision of the City. The Owner hereby represents that it has experience in the supervision of the construction of improvements of the character of the Facilities.

Appears in 1 contract

Samples: Acquisition Agreement

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No Advantage to City Construction. The City, by its approval of this Acquisition Agreement, has determined that it will obtain no advantage from undertaking the construction by the City directly of the Facilities Facilities, and that the provisions of this Acquisition Agreement require that the Facilities each Facility be constructed pursuant to Plans approved by the Owner City (or other public entity that will own the respective Facility), and acquired each Facility must be inspected by the City (or other public entity that will own the respective Facility) and found to be in compliance with the funds in the Improvement Fund, as defined below, be constructed as if they had been constructed under the direction applicable building codes and supervision of the Citystandards. The Owner Developer hereby represents that it has experience in the supervision of the construction of improvements of the character of the Facilities.represents

Appears in 1 contract

Samples: Acquisition Agreement

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