Certificate of Reimbursable Redevelopment Project Costs definition

Certificate of Reimbursable Redevelopment Project Costs means a document substantially in the form of Exhibit D to the Redevelopment Agreement provided by the Developer to the City in accordance with Redevelopment Agreement evidencing Reimbursable Redevelopment Project Costs incurred by the Developer.
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Certificate of Reimbursable Redevelopment Project Costs means a document substantially in the form of Exhibit D, attached hereto and incorporated herein by reference, provided by the Developer to the City in accordance with this Agreement and evidencing Reimbursable Redevelopment Project Costs incurred by the Developer.
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Certificate of Reimbursable Redevelopment Project Costs means a document
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Examples of Certificate of Reimbursable Redevelopment Project Costs in a sentence

  • Notwithstanding anything to the contrary contained in this subsection, if a submitted Certificate of Reimbursable Redevelopment Project Costs is limited solely to costs associated with the acquisition of portions of the Property and is supported by the applicable settlement statements or proof of payment to a court, then the City shall complete its review and notification responsibilities described above within 15 days after such submission.

  • Within 30 days after the City’s acceptance of the final Certificate of Substantial Completion or deemed acceptance thereof and the approval of the final Certificate of Reimbursable Redevelopment Project Costs, the City shall remit to the Developer any amounts that have been advanced under paragraphs (a), (b), (c) or (d) and that have not been spent for costs incurred by the City pursuant to such paragraphs.

  • Within 15 business days after acceptance by the City of a Certificate of Reimbursable Redevelopment Project Costs for each Phase and the City’s approval of the Note Ordinance, the City shall issue the TIF Notes, or endorsements to outstanding TIF Notes, subject to the limitations of Article IV and this Section.

  • The curriculum areas include: Electrical Engineering, Motor Vehicle, Early Education and Childcare, Psychology, Energy, Beauty, Hospitality and Digital Gaming ranging from Skills for Work to HNC level.

  • Upon the acceptance by the City of a Certificate of Reimbursable Redevelopment Project Costs for each Phase and the issuance of the TIF Notes as provided herein, the Developer shall be deemed to have advanced funds necessary to purchase such TIF Notes and the City shall be deemed to have deposited such funds in the Project Fund and shall be deemed to have reimbursed the Developer in full for such costs from the amounts deemed to be on deposit in the Project Fund from time to time for each Phase.

  • The Notes are issuable in the form of fully registered Notes without coupons in the denomination of $5,000 or any integral multiple thereof, except with respect to the Note issued with respect to the final Certificate of Reimbursable Redevelopment Project Costs, which may be issued in the denomination of $1,000 or any integral multiple thereof.

  • Within 15 business days after acceptance by the City of each Certificate of Reimbursable Redevelopment Project Costs, the City shall issue, subject to the limitations of Article IV and Section 5.1 hereof, endorsements to the TIF Notes evidencing additional advances for the reimbursement of Reimbursable Redevelopment Project Costs (“Construction Advances”).

  • The Developer may submit to the City, no more frequently than once per calendar month, a Certificate of Reimbursable Redevelopment Project Costs in substantially the form attached as Exhibit D hereto.

  • If the City fails to disapprove of the costs identified in each Certificate of Reimbursable Redevelopment Project Costs within 30 days after the Developer’s submission thereof, then the costs identified in such Certificate shall be deemed approved by the City.

  • The City shall keep the Certificate of Reimbursable Redevelopment Project Costs, any itemized invoices, receipts or other information associated therewith strictly confidential to the extent permitted by law.


More Definitions of Certificate of Reimbursable Redevelopment Project Costs

Certificate of Reimbursable Redevelopment Project Costs means a document, substantially in the form of Exhibit D attached hereto and incorporated herein by reference, delivered by the Developer to the City and which, upon the City’s written acceptance thereof, will evidence Reimbursable Redevelopment Project Costs incurred.
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Certificate of Reimbursable Redevelopment Project Costs means a document, substantially in the form of Exhibit D attached hereto, delivered by the Developer to the City and which, upon the City’s written acceptance thereof, will evidence Reimbursable Redevelopment Project Costs incurred.
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Certificate of Reimbursable Redevelopment Project Costs means a document, substantially in the form of Exhibit E attached hereto, provided by the Sub-Developer to the Developer evidencing Reimbursable Redevelopment Project Costs (individually or together with other Certificates of Reimbursable Redevelopment Project Costs submitted by the Sub-Developer, not to exceed the Authorized Project Allocation) incurred by the Sub-Developer and relating to the Authorized Project.
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Related to Certificate of Reimbursable Redevelopment Project Costs

  • Qualified Project Costs means Project Costs that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of interest accrued during rehabilitation of the Projects shall be eligible to be a Qualified Project Cost as is so capitalizable and as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the rehabilitation of the Projects shall not be a Qualified Project Cost; and provided still further that if any portion of any of the Projects is being rehabilitated by an Affiliated Party (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket costs incurred by such Affiliated Party in rehabilitating the Projects (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliated Party, and (C) any overhead expenses incurred by the Affiliated Party which are directly attributable to the work performed on the Projects, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the rehabilitation of the Projects or payments received by such Affiliated Party due to early completion of the rehabilitation of the Projects; (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the Inducement Date or the Closing Date, and (iv) if the Project Costs were previously paid and are to be reimbursed with proceeds of the Loan or the Bonds, such costs were (A) costs of issuance of the Issuer Note, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.139-2(f)(2)) with respect to the Projects (such as architectural, engineering and soil testing services) incurred before commencement of the rehabilitation of the Projects that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Projects that are reimbursed no later than eighteen

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Redevelopment project means a specific construction project

  • Independent expenditure means an expenditure by a person:

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Public improvement costs means the costs of:

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Total Project Costs means the total amount of money required to complete the Project.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Development Project means a project for the development of land within a project area.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.