Economic Development Grant definition

Economic Development Grant means the Chapter 380 Payments.
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Economic Development Grant has the meaning given in Section 1.1 of the Master Development Agreement.
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Examples of Economic Development Grant in a sentence

  • Cr. 1401.1, Other Invest- ments in Affiliated Companies—Federal Economic Development Grant Loans or Cr. 1402.4, Other Investments in Non- affiliated Companies—Federal Economic Development Grant Loans.

  • Dr. 1130.4/1120.14, Cash—General Fund— Economic Development Grant Funds.

  • First Economic Development Grant in the total amount of $2,974,306 to be paid within one year of the completion of the building improvements.

  • There is no basis for the pessimism expressed by AF (which may be contrasted with gross over-optimism elsewhere), there is compelling evidence that this site will deliver within the 5 year period.

  • The Development Agreement provides for an Economic Development Grant in the total amount of $1,618,780 to be paid with a first installment of $495,000 upon the start of construction and 18 subsequent semi-annual installments starting on November 10, 2009 (semi-annual installments 2-5 for $34,195 and then, semi-annual installments 6-19 for $78,500).

  • The City’s Economic Development Grant program provides over $150,000 in grants annually.

  • Consider for approval an Economic Development Grant Agreement between the City of Galveston, Texas and the Industrial Development Corporation of the City of Galveston, Texas for the purchase of beach remediation equipment, Debris Removal services, Sand Fencing material and installation.

  • Here, to the contrary, the adoptive father Anthony and his husband Gary, the birth father, are a proud couple who wish to celebrate the legalization of Anthony’s relationship to Nicholas.

  • The County Administrator, or designee, is hereby authorized to execute an agreement substantially in the same form as the attached Economic Development Grant Agreement on behalf of the County for the purposes mentioned above.

  • Each installment on the Economic Development Grant (Part A) is applied for the benefit of the Developer as a credit against the amount then owned by the Developer on the City Loan.

Related to Economic Development Grant

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Economic development incentive means a financial incentive,

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Planned unit development means a subdivision characterized by a unified site design, clustered residential units and/or commercial units, and areas of common open space.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Employee Developments means any idea, discovery, invention, design, method, technique, improvement, enhancement, development, computer program, machine, algorithm or other work or authorship that (i) relates to the business or operations of the Company or any of its subsidiaries or affiliates, or (ii) results from or is suggested by any undertaking assigned to the Employee or work performed by the Employee for or on behalf of the Company or any of its subsidiaries or affiliates, whether created alone or with others, during or after working hours. All Confidential Information and all Employee Developments shall remain the sole property of the Company or any of its subsidiaries or affiliates. The Employee shall acquire no proprietary interest in any Confidential Information or Employee Developments developed or acquired during the Term. To the extent the Employee may, by operation of law or otherwise, acquire any right, title or interest in or to any Confidential Information or Employee Development, the Employee hereby assigns to the Company all such proprietary rights. The Employee shall, both during and after the Term, upon the Company’s request, promptly execute and deliver to the Company all such assignments, certificates and instruments, and shall promptly perform such other acts, as the Company may from time to time in its discretion deem necessary or desirable to evidence, establish, maintain, perfect, enforce or defend the Company’s rights in Confidential Information and Employee Developments.