Examples of Core Market in a sentence
Projects 3 Section 3.1 Market Projects 3 Section 3.2 Changes to a Core Market Infrastructure Project 4 ARTICLE 4.
The PDA will be responsible for all Core Market Infrastructure Project costs above the amounts shown in Exhibit B and will furnish any money necessary, in addition to the Total PDA Amount, to complete the Core Market Infrastructure Projects, except as permitted herein.
Except as otherwise provided in this Agreement, the Total PDA Amount will be used only to pay the costs of Core Market Infrastructure Projects identified in Exhibit B and, to the extent permitted under Section 6.1, for Supplemental Market Infrastructure Projects identified in Exhibit C.
To the extent that the PDA applies other funding to pay costs of Core Market Infrastructure Projects, the portion of the Total PDA Amount originally programmed to pay the cost of such projects will be added to the Market Infrastructure Program contingency.
The Core Market Infrastructure Projects will be undertaken by the PDA in phases as set forth in Exhibit B, each phase representing one or more PDA-owned buildings.
The PDA will provide to the Director a report following completion of each phase of the Core Market Infrastructure Projects.
A determination not to construct a Core Market Infrastructure Project or to materially reduce the scope of any Core Market Infrastructure Project in Exhibit B requires the approval of the City by an ordinance passed by the City Council by a vote of not less than a two-thirds majority of its members.
In order to encourage the hiring of women and minority group members and the subcontracting of public works, goods or services from qualified women and minority businesses, the PDA shall require that the general contractor/construction manager for the Core Market Infrastructure Projects comply with Affirmative Efforts provisions in SMC Chapter 20.42.050.
In the event that a proposed investment in a Core Market does not qualify as an Investment, General Partner and/or its Affiliates shall provide TRST written notice outlining the material terms of the proposed investment with a third party for such acquisition.
The PDA acknowledges that the obligation of the City under this Agreement to provide the Total PDA Amount does not in any way constitute a representation, warranty, guaranty, advice or suggestion by the City as to the feasibility or viability of the Core Market Infrastructure Projects, and may not be relied on as such by any investor, tenant, lender, or other person, for any reason.