The Proposed Project Sample Clauses

The Proposed Project. Describe the proposed project, including the following:
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The Proposed Project. The Proposed Project is a mixed use development consisting of a three story residential building that slopes down to a two story building (with 3,000 sq. ft. of retail space) fronting Broadway on the Site. The Proposed Project site plan is on Attachment “C” hereto. The Project will contain 48 units (one and two bedrooms) which target senior citizens earning 30% AMI – 60% AMI. The Proposed Project will feature subterranean parking at the Site for residents and 12 on-grade parking spaces for the retail space. Additionally, it will have office space, a 1,400 sq. ft. community room, and landscaped courtyard at ground level. The Proposed Project will be located in one of the most economically distressed areas of the South Los Angeles Region near the epicenter of the 1992 civil disturbances. This area, the Broadway/Manchester Recovery Redevelopment Project Area, has been economically stagnant for the last 17 years since the disturbances. It is anticipated this Project will spur development and provide much-needed affordable housing in the Project Area. The Site previously housed the Broadway Hospital until its closure in 1988. Between 1992 and 1993, CRA/LA used Bunker Hill funds to acquire property adjoining the Site bounded by 94th Street to the north, Colden Avenue to the south, Spring Street to the east, and Broadway to the west. The total size of this purchased property is 4.2 acres. CRA/LA assisted with development of two affordable housing projects adjacent to the Site: Colden Oaks Family Housing (38 units) and Xxxxxx Xxx Xx Senior Housing Project (46 units). CRA/LA currently owns the remaining undeveloped 2.7 acre site. The Original Project In December 2004, CRA/LA issued a Request for Proposals (“RFP”) for residential development of the Site. In October 2005, the Board approved execution of an Exclusive Negotiation Agreement (“ENA”) with the winning respondent, culminating in Board approval of a DDA with the West Angeles South Broadway Estates, LLC (comprised of AMCAL and West Angeles CDC) in May 2007. This DDA provided for CRA/LA conveyance of the Site to West Angeles South Broadway Estates, LLC for $3.03 million for development of 50 single-family market-rate detached homes (“Original Project”). Subsequent to City Council approval of the DDA, West Angeles South Broadway Estates, LLC notified CRA/LA that the purchase price of $3.03 million rendered the Original Project infeasible due to rapidly declining housing values, and the lack of demand for homeow...
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The Proposed Project. The community was sensitized on the components of the project, the legal requirement for public consultation and the policies guiding the project.
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Related to The Proposed Project

  • PROJECT 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Sub-projects 1. The Participating Bank shall make Sub-loans to Beneficiaries and appraise, review, approve, and supervise Sub-projects in accordance with the criteria, conditions and procedures set forth in the Operations Manual, including, inter alia, the following eligibility criteria:

  • Drawings and Specifications at the Project Site The Contractor shall keep at the Site at least one copy of the Contract Documents and Change Orders, all in good order and available to the Design Professional and to his representatives.

  • Project Completion Part 1 – Material Completion

  • Scope of the Project Under this Agreement, the scope of the Project (the “Scope of the Project”) shall mean and include:

  • Construction Development of the Project The Allottee has seen the proposed layout plan/demarcation-cum-zoning/sanctioned plans, / site plan / building plan, specifications, amenities and facilities, etc. depicted in the advertisement / brochure / agreement / website (as the case may be) regarding the Project where the Said Independent Floor for residential usage along with parking is located and has accepted the floor / site plan, Payment Plan and the specifications, amenities, facilities, etc. [annexed along with this Agreement] which has been approved by the competent authority, as represented by the Promoter. The Promoter shall develop the Project in accordance with the bye-laws such as Haryana Building Code, 2017, FAR, density norms, provisions prescribed, approved plans, terms and condition of the license/ allotment as well as registration of RERA, etc. Subject to the terms in this Agreement, the Promoter undertakes to strictly abide by such plans approved by the competent authorities and shall also strictly abide by the provisions and norms prescribed by the relevant State laws and shall not have an option to make any variation/ alteration/ modification in such plans, other than in the manner provided under the Act and Rules made thereunder or as per approvals/instructions/ guidelines of the competent authorities, and any breach of this term by the Promoter shall constitute a material breach of the Agreement.

  • Project Work PURCHASER shall complete the following projects in accordance with the specifications provided in Exhibits B, C, D, E, and F and written instructions from STATE. Project locations are shown on Exhibit A unless otherwise described. PURCHASER shall furnish all material unless otherwise specified.

  • New Project Approval Consultant and District recognize that Consultant’s Services may include working on various projects for District. Consultant shall obtain the approval of District prior to the commencement of a new project.

  • The Project The Project is the total construction of which the Work performed under the Contract Documents may be the whole or a part.

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

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