Common use of No CID Bonds Clause in Contracts

No CID Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go CID Financing, and nothing in this Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible Expenses or any other costs of the Project.

Appears in 6 contracts

Samples: Plaza Redevelopment Agreement, Plaza Redevelopment Agreement, Center Redevelopment Agreement

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No CID Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go CID Financing, and nothing in this Second Amended and Restated Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible Expenses eligible CID Improvement Costs or any other costs of the Project.

Appears in 1 contract

Samples: Bluhawk Development Agreement

No CID Bonds. Developer hereby understands and agrees that all reimbursements to the Developer for CID Eligible Expenses hereunder shall be made only from Pay-As-You-Go CID Financing, and nothing in this Agreement shall in any way obligate the City UG to issue bonds or other obligations to reimburse Developer for the CID Eligible Expenses or any other costs of the ProjectProject Costs.

Appears in 1 contract

Samples: Development Agreement

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No CID Bonds. Developer hereby understands and agrees that all reimbursements to the Developer hereunder shall be made only from Pay-As-You-Go CID Financing, and nothing in this Agreement shall in any way obligate the City to issue bonds or other obligations to reimburse Developer for the Eligible CID Expenses or any other costs of the Project.

Appears in 1 contract

Samples: Vue Redevelopment Agreement

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