Common use of Projected Costs and Timing of Construction Clause in Contracts

Projected Costs and Timing of Construction. The estimated cost (including planning, design, engineering, construction, testing, surveying, construction management, inspection, fees, gross receipts taxes, capitalized interest and contingencies) of constructing and financing the Eligible Infrastructure, as identified in the XXXX Plan (and as shall be identified in the District General Plan for the PID), is $52,260,000, which includes approximately $34,000,000 in Reimbursable Costs anticipated to be reimbursed through XXXX financing and is anticipated expected to include approximately $6,000,000 in Reimbursable Costs associated with Eligible Infrastructure anticipated to be reimbursed through PID. The construction of Eligible Infrastructure will be completed prior to the issuance of bonds by the Districts, other than short-term tax increment revenue bonds issued by the XXXX.

Appears in 2 contracts

Samples: Master Development Agreement, Master Development Agreement

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Projected Costs and Timing of Construction. The estimated cost (including planning, design, engineering, construction, testing, surveying, construction management, inspection, fees, gross receipts taxes, capitalized interest and contingencies) of constructing and financing the Eligible Infrastructure, as identified in the XXXX Plan (and as shall be identified in the District General Plan for the PID), is $52,260,00058,150,000, which includes approximately $34,000,000 44,000,000 in Reimbursable Costs anticipated to be reimbursed through XXXX financing and is anticipated expected to include approximately $6,000,000 in Reimbursable Costs associated with Eligible Infrastructure anticipated to be reimbursed through PID. The construction of Eligible Infrastructure will be completed prior to the issuance of bonds by the Districts, other than short-term tax increment revenue bonds issued by the XXXX.

Appears in 1 contract

Samples: Master Development Agreement

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Projected Costs and Timing of Construction. The estimated cost (including planning, design, engineering, construction, testing, surveying, construction management, inspection, fees, gross receipts taxes, capitalized interest and contingencies) of constructing and financing the Eligible Infrastructure, as identified in the XXXX Plan (and as shall be identified in the District General Plan for the PID), is $52,260,00058,150, is $62,608,000, which includes approximately $34,000,000 44,000,000 in Reimbursable Costs anticipated to be reimbursed through XXXX financing and is anticipated expected to include approximately $6,000,000 in Reimbursable Costs associated with Eligible Infrastructure anticipated to be reimbursed through PID. .. The construction of Eligible Infrastructure will be completed prior to the issuance of bonds by the DistrictsDistrictsTIDD, other than short-term tax increment revenue bonds issued by the XXXX.

Appears in 1 contract

Samples: Master Development Agreement

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