Progressive Payment. For Property in which there is / are outstanding progressive payment(s) due to the Developer:-
Progressive Payment. 1. Invoice for progress payment in original and two (2) copies duly certified by OWNER.
Progressive Payment. In the case of cash deposits or certified checks, an agreement between the City and the subdivider may provide for progressive payment out of the cash deposit or reduction of the certified check, negotiable bond or irrevocable bank letter of credit, to the extent of the cost of the completed portion of the public improvement, in accordance with a previously entered into agreement.
