Certified Costs definition
Examples of Certified Costs in a sentence
The Village Engineer has confirmed the Certified Costs of the Improvements.
Hospital acknowledges such direction and agrees to pay the Certified Costs to Complete as Contractor may direct in accordance with such direction.
The Property Owner/Business Owner estimates that its Certified Costs for the Improvements will exceed $40,000.00.
Accordingly, this Agreement sets forth the entire agreement between the Parties with regard to the subject matter hereof.
Within fifteen (15) business days after approval of a Certification Request, the City shall send a notice of certification (“Certification Notice”) to the Developer identifying the Certified Costs.
The Developer estimates that its Certified Costs for the Improvements will exceed $40,000.00.
In no event shall IDB be required to pay or reimburse Certified Costs in excess of $29,500,000, including any Certified Costs paid with the proceeds of Tax Increment Financing.
Such certified costs, excluding the Required Public Infrastructure Certified Costs, are referred to herein as the “Other Certified Costs,” and the Other Certified Costs together with the Required Public Infrastructure Certified Costs are referred to herein as the “Certified Costs.” Developer shall certify the accuracy of the Certified Costs in such manner as is reasonably requested by IDB, and Developer shall provide such documentation supporting such costs as may be reasonably requested by IDB.
If the Certified Costs for the project were $3,000.00, and the range of the incentive rebate was approved at ten (10) times the amount of the increase in property taxes, then the total maximum Incentive would be $3,000.00 and would be paid NO later than September 30, 2023.
All Certified Costs, information, documents, and communications relating to this Agreement may be subject to the Texas Public Information Act and any opinion of the Texas Attorney General or a court of competent jurisdiction relating to the Texas Public Information Act.