Common use of Procedures for Certification of Expenditures Clause in Contracts

Procedures for Certification of Expenditures. The UG or a representative of the UG shall review the Certificate(s) of Expenditures to be made in connection with the Project Costs for approval or denial of the same as follows: (i) Developer shall submit to the UG a Certificate of Expenditures setting forth the amount for which certification is sought and identification of the relevant TIF Eligible Costs for payment of such TIF Eligible Expenses. Developer shall certify to the UG that it shall only use the TIF Proceeds for the designated TIF Eligible Expenses described in the Certificate of Expenditures. (ii) Each Certificate of Expenditures shall be accompanied by an accounting of the Private Funds paid to date, along with supporting documentation therefor. (iii) Each Certificate of Expenditures shall be accompanied by such bills, contracts, invoices, lien waivers and other evidence as the UG shall reasonably require to document appropriate payment. (iv) The Certificate of Expenditures shall be accompanied by a report regarding any LBE/MBE/WBE participation associated with the costs requested for payment or reimbursement in the Certificate of Expenditures. (v) The UG reserves the right to, at reasonable times and upon reasonable notice, have its engineer or other agents, consultants or employees inspect all the items set forth in Section 4.6(b)(iii) above as reasonably necessary to determine that the expenses therein are valid, eligible and properly incurred and constitute TIF Eligible Expenses. (vi) The UG shall have sixty (60) calendar days after receipt of any Certificate of Expenditures to review and respond by written notice to Developer. If the UG disapproves of the Certificate of Expenditures, the UG shall notify Developer in writing of the reason for such disapproval within such sixty (60) day period, in which event Developer shall have the right to revise and re-submit the Certificate of Expenditures to address the UG's reason for disapproval, and the UG will review and approve the revised Certificate of Expenditures within thirty (30) calendar days after receipt of the re-submitted Certificate of Expenditures. Approval of any Certificate of Expenditures will not be unreasonably withheld, conditioned, or delayed.

Procedures for Certification of Expenditures. The UG or a representative of the UG shall review the Certificate(s) of Expenditures to be made in connection with the Project Costs for approval or denial of the same as follows: (i) Developer shall submit to the UG a Certificate of Expenditures setting forth the amount for which certification is sought and identification of the relevant TIF Eligible Project Costs for payment of such expenses from the UG Contribution. All of the Project Costs to be paid or reimbursed with the UG Contribution must be either CID Eligible Expenses or TIF Eligible Expenses (so that the UG can reimburse itself with Pay-Go CID Financing or Pay-Go TIF Financing), and so the Developer's Certificate of Expenditure will also provide identification of the relevant Project Costs which are CID Eligible Expenses and/or TIF Eligible Expenses. Developer shall certify to the UG that it shall only use the TIF UG Contribution as described in the Certificate of Expenditures thereon. (ii) Developer shall submit to the UG a Certificate of Expenditures setting forth the amount for which certification is sought and identification of the relevant Project Costs for payment of such as CID Eligible Expenses from Pay-Go CID Financing. Developer shall certify to the UG that it shall only use the CID Proceeds for the designated TIF CID Eligible Expenses described in the Certificate of Expenditures. (iiiii) Each Certificate of Expenditures shall be accompanied by an accounting of the Private Funds paid to date, along with supporting documentation therefor, unless previously submitted. (iiiiv) Each Certificate of Expenditures shall be accompanied by such bills, contracts, invoices, lien waivers and other evidence as the UG shall reasonably require to document appropriate payment. (ivv) The Certificate of Expenditures shall be accompanied by a report regarding any LBE/MBE/WBE participation associated with the costs requested for payment or reimbursement in the Certificate of Expenditures. (vvi) The UG reserves the right to, at reasonable times and upon reasonable notice, have its engineer or other agents, consultants or employees inspect all the items set forth in this Section 4.6(b)(iii) above 4.6 as reasonably necessary to determine that the expenses therein are valid, eligible and properly incurred and constitute TIF CID Eligible ExpensesExpenses (as applicable). (vivii) The UG shall have sixty forty-five (6045) calendar days after receipt of any Certificate of Expenditures to review and respond by written notice to Developer. If the UG disapproves of the Certificate of Expenditures, the UG shall notify Developer in writing of the reason for such disapproval within such sixty forty-five (6045) day period, in which event Developer shall have the right to revise and re-submit the Certificate of Expenditures to address the UG's reason for disapproval, and the UG will review and approve the revised Certificate of Expenditures within thirty (30) calendar days after receipt of the re-submitted Certificate of Expenditures. Approval of any Certificate of Expenditures will not be unreasonably withheld, conditioned, or delayed.

Procedures for Certification of Expenditures. The UG or a representative of the UG shall review the Certificate(s) of Expenditures to be made in connection with the Project Costs for approval or denial of the same as follows: (i) Developer shall submit to the UG a Certificate of Expenditures setting forth the amount for which certification is sought and identification of the relevant TIF Eligible Project Costs for payment of such TIF Eligible ExpensesExpenses from Pay-Go TIF Financing. Developer shall certify to the UG that it shall only use the TIF Proceeds for the designated TIF Eligible Expenses described in the Certificate of Expenditures thereon. (ii) Developer shall submit to the UG a Certificate of Expenditures setting forth the amount for which certification is sought and identification of the relevant Project Costs for payment of such as CID Eligible Expenses from Pay-As-You-Go CID Financing. Developer shall certify to the UG that it shall only use the CID Proceeds for the CID Eligible Expenses described in the Certificate of Expenditures. (iiiii) Each Certificate of Expenditures shall be accompanied by an accounting of the Private Funds paid to date, along with supporting documentation therefor, unless previously submitted. (iiiiv) Each Certificate of Expenditures shall be accompanied by such bills, contracts, invoices, lien waivers and other evidence as the UG shall reasonably require to document appropriate payment. (ivv) The Certificate of Expenditures shall be accompanied by a report regarding any LBE/MBE/WBE participation associated with the costs requested for payment or reimbursement in the Certificate of Expenditures. (vvi) The UG reserves the right to, at reasonable times and upon reasonable notice, have its engineer or other agents, consultants or employees inspect all the items set forth in this Section 4.6(b)(iii) above 4.6 as reasonably necessary to determine that the expenses therein are valid, eligible and properly incurred and constitute TIF Eligible Expenses and/or CID Eligible Expenses. (vivii) The UG shall have sixty (60) calendar days after receipt of any Certificate of Expenditures to review and respond by written notice to Developer. If the UG disapproves of the Certificate of Expenditures, the UG shall notify Developer in writing of the reason for such disapproval within such sixty (60) day period, in which event Developer shall have the right to revise and re-submit the Certificate of Expenditures to address the UG's reason for disapproval, and the UG will review and approve the revised Certificate of Expenditures within thirty (30) calendar days after receipt of the re-submitted Certificate of Expenditures. Approval of any Certificate of Expenditures will not be unreasonably withheld, conditioned, or delayed.

Procedures for Certification of Expenditures. The UG or a representative of the UG shall review the Certificate(s) Certificates of Expenditures to be made in connection with the Project Costs for approval or denial of the same as follows: (i) Developer shall submit to the UG a Certificate of Expenditures Expenditure setting forth the amount for which certification is sought and identification of the relevant Project Costs and the appropriate source of funding (UG Contribution, Project Area 3 Local Sales Taxes Fund, Project Area 3 TIF Eligible Costs Revenue Fund, or Project Area 3 CID Sales Tax Fund) for payment of such TIF Eligible ExpensesProject Costs. The UG Contribution shall be the first source of funding to reimburse Project Costs as more particularly described in Section 3.2 above. Developer shall certify to the UG that it shall only use the UG Contribution, TIF Proceeds, Sales Taxes, and/or CID Sales Tax Proceeds for the designated TIF Eligible Expenses Project Costs described in the Certificate of ExpendituresExpenditure and that such proceeds shall not be commingled with other sources or uses. (ii) Each The Certificate of Expenditures Expenditure shall be accompanied by an a detailed accounting of the Private Funds paid Developer's private equity and debt, federal grant funds, UG Contribution, and all Sales Taxes, TIF Proceeds and CID Sales Tax Proceeds received by Developer to date, along with supporting documentation therefor. (iii) Each The Certificate of Expenditures Expenditure shall be accompanied by such bills, contracts, invoices, lien waivers and such other evidence as the UG shall reasonably require to document documenting appropriate payment. (iv) The Certificate of Expenditures Expenditure shall be accompanied by a report regarding any LBE/MBE/WBE participation associated with the costs requested for payment or reimbursement in the Certificate of ExpendituresExpenditure. (v) The UG reserves the right to, at reasonable times and upon reasonable notice, to have its engineer or other agents, consultants or employees inspect all the items set forth in Section 4.6(b)(iiisubsection (ii) above as reasonably necessary to determine that the expenses therein are valid, eligible and properly incurred and constitute TIF Eligible Expenseseligible Project Costs. (vi) The UG shall have sixty (60) calendar days after receipt of any initial Certificate of Expenditures Expenditure to review and respond by written notice to Developer. If the UG disapproves of the Certificate of ExpendituresExpenditure, the UG shall notify Developer in writing of the reason for such disapproval within such sixty (60) day period, in which event Developer shall have the right to revise and re-submit the Certificate of Expenditures Expenditure (or portion thereof, or additional supporting documentation therefor) to address the UG's such reason for disapproval, and the . The UG will review and approve the revised Certificate of Expenditures Expenditure within thirty (30) calendar days after receipt of the following Developer’s re-submitted Certificate of Expendituressubmission. Approval of any Certificate of Expenditures Expenditure will not be unreasonably withheld, conditioned, or delayed.

Procedures for Certification of Expenditures. The UG or a representative of the UG shall review the Certificate(s) of Expenditures Expenditure to be made in connection with the Project Costs for approval or denial of the same as follows: (i) Developer shall submit to the UG a Certificate of Expenditures Expenditure setting forth the amount for which certification is sought and identification of the relevant TIF Eligible Project Costs and the appropriate source of Public Financing (STAR Bond Project Fund or CID Fund) for payment of such TIF Eligible ExpensesProject Costs. Developer shall certify to the UG that it shall only use the TIF STAR Bond Proceeds and/or the CID Proceeds for the designated TIF Eligible Expenses Project Costs described in the Certificate of ExpendituresExpenditure and that such proceeds shall not be commingled with other sources or uses. Developer shall further certify to the UG that it will only use: (i) the STAR Bond Proceeds for STAR Bond Costs, and (ii) the CID Proceeds for CID Project Costs. (ii) Each The Certificate of Expenditures Expenditure shall be accompanied by an accounting of the Private Funds paid expended to datedate or otherwise evidenced in satisfaction of Section 4.5(c) or 4.5(d) (as applicable), along with supporting documentation therefor, and the amount of all STAR Bond Proceeds and CID Proceeds received by Developer to date. (iii) Each The Certificate of Expenditures Expenditure shall be accompanied by such bills, contracts, invoices, lien waivers and such other evidence as the UG shall reasonably may require to document appropriate payment or pending payment. (iv) The Certificate of Expenditures Expenditure shall be accompanied by a report regarding any LBE/MBE/WBE participation associated with the costs Project Costs requested for payment or reimbursement in the Certificate of ExpendituresExpenditure. (v) The UG reserves the right to, at reasonable times and upon reasonable notice, to have its engineer or other agents, consultants or employees inspect all the items set forth in Section 4.6(b)(iiisubsection (ii) above as reasonably necessary to determine that the expenses therein are valid, eligible and properly incurred (or pending payment) and constitute TIF Eligible ExpensesSTAR Bond Costs and/or CID Project Costs. (vi) The UG shall have sixty (60) 60 calendar days after receipt of any Certificate of Expenditures Expenditure from the Developer (except for the portion of any Certificate of Expenditure that includes the last 4% of the STAR Bond Proceeds, which the UG shall review and respond to following the UG’s verification of compliance with LBE/MBE/WBE participation as described in Section 8.2 below and Exhibit 17 attached hereto) to review and respond by written notice to Developer. If the UG disapproves of the Certificate of ExpendituresExpenditure, the UG shall notify the Developer in writing of the reason for such disapproval within such sixty (60) -day period, in which event the Developer shall have the right to revise and re-submit the Certificate of Expenditures Expenditure to address the UG's ’s reason for disapproval, and the UG will review and approve the revised Certificate of Expenditures Expenditure within thirty (30) 30 calendar days after receipt of the re-re- submitted Certificate of ExpendituresExpenditure. Approval of any Certificate of Expenditures Expenditure will not be unreasonably withheld, conditioned, or delayed.