Project Description/Eligible Costs Clause Samples

Project Description/Eligible Costs. In consideration of the payments set forth in Exhibit B, Contractor shall provide the following services/activities indicated below: Project involves acquisition of a single family dwelling at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ (“Project” or “Property”). A two-bedroom house, it will be rented to a HOME-qualified household until such time when Contractor has completed assemblage of a sufficient number of parcels to begin the process for redevelopment of the larger assembled site for a mixed-use multifamily housing development, currently estimated at between 30 to 40 units plus commercial space. Upon completion of the land assemblage, it is intent of the Parties to this Agreement that any County loan documents associated with properties in the land assembly will reconveyed, re- combined, and re-executed for the development site. As necessary, Contractor will comply with federal requirements for relocation. Project will meet property standards in 24 CFR 92.251 of the HOME Program Rules (“HOME”), which can be found at ▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇▇▇/▇▇▇/▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇▇▇/▇▇▇▇/▇▇▇▇▇▇▇▇▇.▇▇▇) and lead-based paint requirements in Part 35, Subparts A, B, K, M, and R. Funding is provided in the form of a loan in accordance with terms described below. Funding provided in this agreement is from the following sources: CDBG HOME HOME CHDO RESERVE (15%) OTHER TOTALS FY 11-12 $ -0- $ -0- $130,000 $ -0- $130,000
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Project Description/Eligible Costs. Funding provided under this Agreement shall be used for eligible development costs incurred on behalf of the development of Trestle ▇▇▇▇ (“Project”). Located at ▇▇▇ ▇ ▇▇▇▇▇▇, on unincorporated County land near the Town of Colma (“Property”), the Project consists of approximately 119 affordable housing units. The number of affordable housing units shall not be reduced without the prior written consent of the County. Any such reduction without the consent of the County shall be a breach of this Agreement. Overall total project costs for both phases are preliminarily estimated at $46.9 million. Funds provided under this Agreement are from the U.S. Department of Housing and Urban Development (HUD). As such, use and disbursement must be done in accordance with federal requirements, described in Exhibit E and in the Conditions for Approval outlined in the Environmental Assessment for this Project, prepared July 20, 2005 and approved July 26, 2005 by the Director. Any relocation of occupants must be undertaken according to procedures and requirements of the Uniform Relocation Act. Funds under this Agreement are being disbursed following successful completion of the HUD-required environmental review under the National Environmental Protection Act (NEPA), including the HUD issuance of an Approval for Release of Funds. Eligible costs shall include Project development costs incurred by Contractor after the date of completion of the Environmental Review under the National Environmental Protection Act (NEPA) for the Project. Contractor shall provide a list of Project development costs for County Staff review and approval prior to incurring the costs.
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Project Description/Eligible Costs. In consideration of the payments set forth in Exhibit B, Contractor shall be receiving construction financing under CalHFA Construction Loan, which requires a construction contingency. Funds under this Agreement will be used for General Construction Contingency cost. General Construction Contingency cost will be used for the following items, when or if actual costs exceed original estimates and to pay for unexpected development cost not covered by other funds. Including but not limited to windows, flooring, cabinets, countertops, appliances, blinds, drapes, signage, mailboxes, fire alarm system and other overages in construction above and beyond the original costs estimates. All change order request shall be submitted and approved by the County before requesting reimbursement. County Department of Housing (DOH) and Contractor understand that the above- referenced costs are estimates and subject to variability. Should there be a substantial change in work scope activities and/or estimated costs (defined as 10%+ variance in line item cost estimate), Contractor shall inform DOH in writing for DOH review and approval. DOH will make the determination of substantial change in the event of uncertainty. Unless otherwise noted herein, funding is provided in the form of a loan in accordance with terms described below. Funding provided in this agreement is from the following sources: CDBG HOME HOME CHDO RESERVE (15%) OTHER TOTALS FY 09-10 $ $ $145,488 $ $
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Project Description/Eligible Costs. In consideration of the payments set forth in Exhibit B, Contractor shall perform the following services: Eligible costs associated with relocation of residents on the Property at ▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ (“Property”) in preparation for the development of approximately 108 units of multi-family housing (“Project”). Eligible costs, include, but are not limited to: relocation consultant, required noticing costs, replacement housing search costs, and costs related to temporary and permanent housing assistance including moving and related costs, rent payments and differentials, and as necessary, downpayment assistance for home purchase. Contractor will comply with federal and state relocation requirements. Federal requirements are summarized in a subsequent section herein this Exhibit.
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Project Description/Eligible Costs. In consideration of the payments set forth in Exhibit B, Contractor shall provide the following services: Reconstruction of the Fair Oaks School athletic Field and installation of new turf. Total estimated project cost $575,000. If any work performed under this Agreement involves construction, rehabilitation, or any physical improvement work, Contractor agrees that such work shall be carried out in accordance with all applicable local and State laws and regulations. Reconstruction of the Fair Oaks School athletic Field and installation of new turf. 75,000 FY 12 -13 $75,000 $0 $75,000
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Project Description/Eligible Costs. In consideration of the payments set forth in Exhibit B, Contractor shall provide the following project development services delineated in the table below to assist in development of approximately 108 units of multifamily housing (“Project”) at ▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ (“Property”). The Project development is contemplated as two phases for financing purposes, but will be constructed at the same time. Relocation 342,500 342,500 Demolition 47,272 47,272 Off‐site Improvements 340,414 340,414 Onsite Improvements 229,626 229,626 Site Prep (inc. above) 0 Legal/Accounting 67,779 67,779 Arch/Eng Fees 386,252 386,252 County Department of Housing (DOH) and Contractor understand that the above- referenced costs are estimates and subject to variability. Should there be a substantial change in work scope activities and/or estimated costs (defined as 10%+ variance in line item cost estimate), Contractor shall inform DOH in writing for DOH review and approval. DOH will make the determination of substantial change in the event of uncertainty. Unless otherwise noted herein, funding is provided in the form of a loan in accordance with terms described below. Funding provided in this agreement is from the following sources: CDBG HOME TOTALS 2. HOME Match Contribution. For housing projects receiving HOME assistance, prior to the start of construction Contractor shall provide DOH with written information confirming the type and amount of HOME match contribution that will satisfy the 25% HOME match contribution requirement. No later than DOH project close-out, Contractor shall provide documentation that it has met the 25% HOME match contribution requirements. As Project is HOME-assisted, the minimum HOME match is $154,328. Parties to this agreement have identified the HOME match in the amount of at least: $ $154,328 in the form of: To be determined .
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Related to Project Description/Eligible Costs

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  • SERVICE LEVEL DESCRIPTION The Fund Accounting Agreement is hereby amended by deleting the Service Level Description attached thereto and replacing it in its entirety with the Service Level Description attached hereto.

  • Detailed Description of Services / Statement of Work Describe fully the services that Contractor will provide, or add and attach Exhibit B to this Agreement.

  • Construction Progress Schedule A schedule indicating proposed activity sequences and durations, milestone dates for receipt and approval of pertinent information, preparation, submittal, and processing of Shop Drawings and Samples, delivery of materials or equipment requiring long-lead time procurement, and proposed date(s) of Material Completion and Occupancy and Final Completion. The schedule will be developed to represent the sixteen or seventeen CSI Specification Divisions. It shall have a minimum number of activities as required to adequately represent to Owner the complete scope of work and define the Project’s critical path and associated activities. If the Project is to be phased, then each individual Phase should be identified from start through completion of the overall Project and should be individually scheduled and described, including any Owner’s occupancy requirements and showing portions of the Project having occupancy priority. The format of the schedule will have dependencies indicated on a monthly grid identifying milestone dates such as construction start, phase construction, structural top out, dry-in, rough-in completion, metal stud and drywall completion, equipment installation, systems operational, Material Completion and Occupancy Date, final inspection dates, Punchlist, and Final Completion date.

  • Service Descriptions Credit Card processing services: Global Direct’s actions to the appropriate card associations and/or issuers (e.g., Visa, MasterCard, Diners, Discover); settlement; dispute resolution with cardholders’ banks; and transaction-related reporting, statements and products. Debit/ATM Processing Services: Global Direct has connected to the following debit card networks (“Networks”): Accel, AFFN, Interlink, MAC, Maestro, NYCE, Pulse, Star, and Tyme. Global Direct will provide Merchant with the ability to access the Networks that Global Direct has connected to for the purpose of authorizing debit card transactions at the point of sale from cards issued by the members of the respective Networks. Global Direct will provide connection to such Networks, terminal applications, settlement and reporting activities. EBT Transaction Processing Services: Global Direct offers electronic interfaces to Electronic Benefits Transfer (“EBT”) networks for the processing of cash payments or credits to or for the benefit of benefit recipients (“Recipients”). Global Direct will provide settlement and switching services for various Point of Sale transactions initiated through Merchant for the authorization of the issuance of the United States Department of Agriculture, Food and Nutrition Services (“FNS”) food stamp benefits (“FS Benefits”) and/or government delivered cash assistance benefits (“Cash Benefits, ”with FS Benefits, “Benefits”) to Recipients through the use of a state-issued card (“EBT Card”). With respect to Visa and MasterCard products, Merchant agrees to pay and Merchant's account(s) will be charged pursuant to Section 5 of this Agreement for any additional fees incurred as a result of Merchant's subsequent acceptance of transactions with any Visa or MasterCard product that it has not elected to accept.