Procedure for Requesting Public Improvements Reimbursement Sample Clauses

Procedure for Requesting Public Improvements Reimbursement. Owner may request reimbursement for each of the five (5) Reimbursable Improvements upon the Owner's completion of fifty (50) percent and one hundred (100) percent of each such Reimbursable Improvement as set forth in this Section 3.1.2(ii) below. Not more than once every ninety (90) days, the Owner may submit to the City a written request for reimbursement ("Public Improvements Reimbursement Request") of the Public Improvements Costs attributable to the completed portion of a Reimbursable Improvement in excess of all previously paid Public Improvements Reimbursement Requests for that Reimbursable Improvement. The Public Improvements Reimbursement Requests shall be approved and paid by the City in accordance with all of the following provisions: (i) The City's obligation to approve a Public Improvements Reimbursement Request shall be contingent upon the City's receipt and approval, which shall not be unreasonably withheld or delayed, of the following: (a) The Public Improvements Reimbursement Request, which shall include a description of the work performed and materials supplied consistent with the City approved Engineers Estimate, and a description of the cost incurred or due; (b) Bills, invoices, vouchers, statements and all other documents, which shall be attached to the Public Improvements Reimbursement Request, evidencing the amount paid to third parties; (c) Conditional waivers and releases of mechanics’ liens, stop notice claims or other lien claim rights; and (d) Any other document, requirement, evidence or information in the Owner's possession or under the Owner's control that City may reasonably request with regard to the Reimbursable Improvements or Public Improvements Reimbursement Request. (ii) A Public Improvements Reimbursement Request for any Reimbursable Improvement by the Owner can only be me made when the Owner provides all documentation as required in this Section and can demonstrate to the City Engineer that: (a) Owner has completed fifty (50) percent of the Reimbursable Improvement as determined by the City Engineer. Completion shall be approved and inspected by the City Engineer or designee. (b) Owner has completed one hundred (100) percent of the Reimbursable Public Improvement as determined by the City Engineer. Completion shall be approved and inspected by City Engineer or designee.
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