Private Financing. The cost of Public Infrastructure and all other improvement expenses associated with the Project shall be funded by Developer’s own capital or through commercial or private loans/lines of credit obtained by Developer. Developer may use all, any or part of the Project Site as collateral for the loan(s) as required for the financing of the Project.
Appears in 5 contracts
Samples: Broadway East by Encore Development Agreement, Funding Agreement, East Meadow Alley Project Development Agreement
Private Financing. The cost of Public Infrastructure and all other improvement expenses associated with the Project shall be funded by Developer’s own capital or through commercial or private construction loans/lines of credit obtained secured solely by Developer. Developer may use all, any or part of the Project Site as collateral for the construction loan(s) as required for the financing of the Project; however, no property with a lien still attached may be offered to the City for dedication.
Appears in 2 contracts
Samples: Project Development Agreement, Signifcant Marker Project Funding Agreement
Private Financing. The cost of the Public Infrastructure Improvements and all other improvement expenses associated with the Project shall be funded by Developer’s own capital or through commercial or private construction loans/lines of credit obtained secured solely by Developer. Developer may use all, any or part of the Project Site as collateral for the construction loan(s) as required for the financing of the Project.
Appears in 1 contract
Private Financing. The cost of Public Infrastructure and Infrastructureand all other improvement expenses associated with the Project shall be funded by Developer’s own capital or through commercial or private loans/lines of credit obtained by Developer. Developer may use all, any or part of the Project Site as collateral for the loan(s) as required for the financing of the Project.
Appears in 1 contract
Samples: Nicha’s Comida Mexicana Project Development Agreement