Examples of Authorized Improvements in a sentence
The City will select a PID Administrator and the City Council will consider approval of the Preliminary SAP, which shall include the Authorized Improvements, and provide for the levy of the Assessments on the Property or portion thereof benefitted by such portion of the Authorized Improvements.
The City shall promptly confirm to the Trustee that such remaining amounts are available to pay such Cost Overruns, and the City, with input from Developer, will decide how to use such moneys to secure the payment and performance of the work for other Authorized Improvements, payable from the same Assessment if authorized by the PID Act, with the approval of the City, if available.
The Assessments, if approved by the City Council, shall be levied: (i) against the applicable phase(s) benefitted by the applicable portion of the Authorized Improvements for which the applicable series of the PID Bonds are issued, and (ii) prior to the sale of any lot to an End User.
Promptly following preparation and approval of a preliminary SAP acceptable to the Parties and subject to the City Council making findings that the Authorized Improvements confer a special benefit on the Property, the City Council shall consider an Assessment Ordinance.
An individual line item exceeding its estimated cost shall not be construed as a Cost Overrun; rather, the Authorized Improvements Cost for each phase shall be viewed in its entirety.