Phase 2 TIF Districts Sample Clauses

Phase 2 TIF Districts. Service Payments deposited into any TIF Fund for a Phase 2 TIF District shall be disbursed in the following priority: (A) Until such time as all amounts described in Section 7(e)(ii)(A)(2) have been fully reimbursed, (1) Twenty-five percent (25%) of such Service Payments shall be deposited into the relevant TIF Fund and shall be held there until it is disbursed from time-to-time solely to reimburse Sunbury for the Cost of any public infrastructure improvements permitted to be reimbursed as set forth in the TIF Ordinance which created the relevant Phase 2 TIF District (which may include, but not necessarily be limited to, the Cost of the proposed Sunbury Parkway and a proposed interchange at the intersection of the proposed Sunbury Parkway and I-71), consistent with the terms of this Agreement; and (2) The remaining seventy-five percent (75%) of such Service Payments shall be disbursed in the following priorities and for the following purposes: (a) First, to reimburse any Party for the Cost of any Public Improvements incurred prior to the fifteenth (15th) anniversary of the Effective Date, plus accrued Interest thereon, and (b) Second, to reimburse any Party for the Cost of the right-of-way that is transferred to Sunbury prior to the fifteenth (15th) anniversary of the Effective Date and within the (I) Xxxxxxxxx Xxxxx 0 ROW and (II) West Public Street ROW; provided that the Cost of any such right-of-way shall be an amount equal to the product of (Y) the amount of acreage contained within such right-of-way and multiplied by (Z) $80,000.00 (the “Xxxxxxxxx Xxxxx 0 ROW Cost” or the “West Public Street ROW Cost”, as the case may be), plus in all three cases, accrued Interest thereon. The disbursements required under this Section 7(e)(ii)(A)(2) shall be made by Sunbury to the appropriate Parties based on the order in which those Certifications shall have theretofore been submitted to Sunbury, plus accrued Interest in each case; provided that disbursements required under Section 7(e)(ii)(A)(2)(a) shall take priority over disbursements required under Section 7(e)(ii)(A)(2)(b). The Cost evidenced by any Certification, plus accrued Interest on that amount, shall be reimbursed in full before reimbursement of the Cost evidenced by any successive Certification. (B) After full satisfaction of the reimbursement requirements in Section 7(e)(ii)(A)(2), Service Payments shall be disbursed in the following priority: (1) Fifty percent (50%) of such Service Payments shall be di...
Sample 1
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Related to Phase 2 TIF Districts

  • Joint Funded Project with the Ohio Department of Transportation In the event that the Recipient does not have contracting authority over project engineering, construction, or right-of-way, the Recipient and the OPWC hereby assign certain responsibilities to the Ohio Department of Transportation, an authorized representative of the State of Ohio. Notwithstanding Sections 4, 6(a), 6(b), 6(c), and 7 of the Project Agreement, Recipient hereby acknowledges that upon notification by the Ohio Department of Transportation, all payments for eligible project costs will be disbursed by the Grantor directly to the Ohio Department of Transportation. A Memorandum of Funds issued by the Ohio Department of Transportation shall be used to certify the estimated project costs. Upon receipt of a Memorandum of Funds from the Ohio Department of Transportation, the OPWC shall transfer funds directly to the Ohio Department of Transportation via an Intra- State Transfer Voucher. The amount or amounts transferred shall be determined by applying the Participation Percentages defined in Appendix D to those eligible project costs within the Memorandum of Funds. In the event that the Project Scope is for right-of-way only, notwithstanding Appendix D, the OPWC shall pay for 100% of the right-of-way costs not to exceed the total financial assistance provided in Appendix C.

  • Please see the current Washtenaw Community College catalog for up-to-date program requirements Conditions & Requirements

  • Use of District Facilities 1 The Association shall have the right to use District facilities for Association meetings provided advance approval is granted by the District according to the District Building Use Guidelines.

  • Phase II A small portion of the work for the Phase II modifications to the Plattsburgh Substation will be performed by Transmission Owner, and the remainder will be performed by Clinton and Xxxxxxxxx. A detailed definition of the specific scope for Transmission Owner and Clinton and Xxxxxxxxx including interface points shall be defined during the design phase and, as such documents become available, copies will be delivered to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The full scope includes the installation of wave traps, CCVT’s and modifications and/or additions to relaying on the MWP-1 and MWP- 2 lines. These lines will be reconfigured at the completion of Phase II to connect to Xxxxx and Xxxxxxx Substations on MWP-1 and the Xxxx Substation on MWP-2. Clinton and Xxxxxxxxx will design the upgrades and purchase the materials based on the outline specification that was prepared and issued by Transmission Owner. The work to be performed by Clinton and Xxxxxxxxx will include both the materials for the exterior and interior installations and items for Transmission Owner installation inside the control building in existing relay panels and communication racks. In addition, Clinton and Xxxxxxxxx will be responsible for the exterior and interior construction work and will provide construction management services in coordination with Transmission Owner. The civil design for the foundations and the electrical design for the cable runs to the control room will be designed by, as approved by Transmission Owner, and installed under the supervision and control of Clinton and Xxxxxxxxx. The equipment will be selected and procured in accordance with the specifications developed during the detailed engineering phase, copies of which shall be furnished to the NYISO, Transmission Owner, Noble Altona Windpark, LLC and Marble River, LLC. The construction of the foundations, structures, wave traps, CCTV and cable runs into the control building to the termination cabinets will be completed by Clinton and Xxxxxxxxx. The work at the Plattsburgh Substation will be installed under Transmission Owner’s CPP-1. Transmission Owner will provide Protection and Controls Engineering, install and terminate wiring from the termination cabinets to the control panels and relays, install relays and equipment in the existing panels, and will commission such work inside the 230kV control building. Transmission Owner will develop the communications protocols and data flow over the circuits.

  • School District For purposes of administering this Agreement, the term "School District" shall mean the School Board or its designated representative.

  • Phase I In Phase I, the project will be connected as a tap to the Transmission Owner’s 230kV transmission line MWP-2 via one 230kV circuit breaker in series with one of two ring bus breakers for stuck breaker protection (one in each direction) and a tie-line breaker, as shown on the one-line diagram labeled CL-E-IA-01 attached to this Appendix A as Figure 1. The changes to the existing MWP-2 line protection for this arrangement are described in Phase I System Upgrades in Section II of this Appendix A.

  • Increasing Seat Belt Use in the United States E.O. 13043, amended by E.O. 13652, requires Recipients to encourage employees and contractors to enforce on-the-job seat belt policies and programs when operating company- owned, rented or personally-owned vehicle.

  • PHASE is a distinct portion of the Work to be provided under this Agreement, as specified in the Statement Of Work.

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2022-23, and as estimated costs for fiscal year 2024-25 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2024, for further allocation to federal grants and contracts performed by the respective county departments.

  • Liability of District 13.1. Other than as provided in this Agreement, District’s financial obligations under this Agreement shall be limited to the payment of the compensation provided in this Agreement. Notwithstanding any other provision of this Agreement, in no event shall District be liable, regardless of whether any claim is based on contract or tort, for any special, consequential, indirect or incidental damages, including, but not limited to, lost profits or revenue, arising out of or in connection with this Agreement or the Services performed in connection with this Agreement. 13.2. District shall not be responsible for any damage to persons or property as a result of the use, misuse or failure of any equipment used by Architect, or by its employees, even though such equipment be furnished or loaned to Architect by District.

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