Reimbursement of City Expenses. The parties agree that in accordance with the provisions of Paragraph 5, MBI shall pay to the City the amount of $53,693.75 which Midway City agrees is full and complete reimbursement and payment of: 1) all City Expenses incurred to operate the Ice Rink; 2) all Start-Up Funds, CapEx Funds, and City Advance Funds expended to operate the Ice Rink; and 3) 30% of remaining Net Income.
Reimbursement of City Expenses. On a monthly basis, the City shall be entitled to withdraw the prorated City Administrative Fee from each distribution of CID Sales Tax received by the City from the Department of Revenue, as payment for the City’s cost of administering the District and overseeing the development of the Project. Prior to commencing construction, the Developer will pay the City the $1,500.00 application fee to be submitted pursuant to the CID Policy, which application fee shall serve as a credit against the City Administrative Fee. The City may be reimbursed from the CID Sales Tax Fund for reasonable third-party professional fees and expenses incurred by the City after execution of this Agreement in connection with providing the necessary legal, financial and planning assistance, including consultants engaged by the City, to implement, administer and enforce this Agreement and to issue the IRBs (the “City Expenses”). Other than City Expenses for legal fees, the City shall use reasonable efforts to provide written notice to the Developer of the intent to incur City Expenses at least fifteen (15) days prior to incurring such expenses, with a general description of expected costs, but failure of the City to provide such notice shall in no event be deemed an Event of Default under this Agreement. The City shall submit to the Developer an itemized statement of actual reimbursements received for City Expenses on a regular periodic basis, but no more often than monthly and no less often than quarterly. The City Expenses shall be deemed a Project Cost.
Reimbursement of City Expenses. Where the Lessor incurs costs and/or expenses for review, inspection, or supervision of activities taken through the authority granted in this Agreement or any ordinances relating to the subject for which a permit fee is not established, Xxxxxx shall reimburse the Lessor directly for all incurred costs after receiving an invoice documenting such costs and expenses. Lessee shall reimburse Lessor for any and all actually incurred costs the Lessor incurs in response to any emergency regarding or related to Xxxxxx’s facilities within thirty (30) days of City’s provision of receipts/invoice for such actually incurred costs to Lessee.
Reimbursement of City Expenses. The Developer shall promptly reimburse the City for the City’s reasonable and actual expenses in connection with the approval and administration of the Development Plan, the CID Petition, and this Agreement.
Reimbursement of City Expenses. Xxxxxxxxx agrees to pay no later than thirty (30) days after execution of this Agreement, an additional reimbursement to the City in the amount of forty five thousand dollars and 00/100 ($45,000.00) for costs incurred by the City for (i) reviewing and negotiating this Agreement, (ii) creating and administering the District, and (iii) adopting the SAP, incurred due to legal expenses, consultant expenses and administrative expenses.
Reimbursement of City Expenses. WEC agrees to reimburse the City for its reasonable out-of-pocket expenses incurred by the City in participating in all matters relating to the application for and approval of the New Facilities by the PSCW. The expenses to be reimbursed include the City’s out-of-pocket expenses for attorneys and technical consultants. The expenses to be reimbursed will be determined based on a budget to be prepared by the City, with a cap established above which WEC and the City will share expenses on an equal basis.
Reimbursement of City Expenses. The City shall notify the Port once Project costs incurred exceed $3,000,000 (Three Million Dollars). For costs incurred after that point, the City shall submit to the Port or its designee Project invoices accompanied by an itemized explanation of the charges for reimbursement within sixty (60) days after such invoices are issued. The Port or its designee shall review invoices and make payment to the City within thirty (30) days.
Reimbursement of City Expenses. Sprint shall be subject to all permit fees associated with activities undertaken through the authority granted in this Lease or under the laws of the City. Where the City incurs costs and expenses for review, inspection, or supervision of activities undertaken through the authority granted in this Lease or any ordinances relating to the subject for which a permit fee is not established, Sprint shall reimburse the City directly for any and all costs. In addition to the above, Sprint shall promptly reimburse the City for any and all costs the City reasonably incurs in response to any emergency involving Sprint's telecommunications facilities. Finally, Sprint shall reimburse the City upon submittal by the City of an itemized billing by project of costs, for Sprint's proportionate share of all actual, identified expenses incurred by the City in planning, constructing, installing, repairing or altering any City facility as the result of the presence of Sprint's facilities. Such costs and expenses shall include but not be limited to Sprint's proportionate cost of City personnel assigned to oversee or engage in any work as the result of the presence of Sprint's facility on City-owned property. Such costs and expenses shall also include Sprint's proportionate share of any time spent reviewing construction plans in order to either accomplish the relocation of Sprint's facilities or the routing or rerouting of any utilities so as not to interfere with Sprint's facilities. The time of City employees shall be charged at their respective rate of salary, including overtime if applicable, plus benefits and overhead. Any other costs will be billed proportionately on an actual cost basis. All xxxxxxxx will be itemized so as to specifically identify the costs and expenses for each project for which the City claims reimbursement. A charge for the actual costs incurred in preparing the billing may also be included in said billing. The billing may be on an annual basis, but the City shall provide Sprint with the City's itemization of costs at the conclusion of each project for information purposes.
Reimbursement of City Expenses
