Eligible Redevelopment Project Costs definition

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with the Project which are authorized to be reimbursed or paid from the Fund as a loan as provided in Section 5/11-74.4-3(q) (2) and (3) of the TIF Act, including the rehabilitation, reconstruction, repair or remodeling of an existing building upon the Property.

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with the Private Development Project which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4-3(q) of the TIF Act.

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with the Project which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4-3(q)(2) and (3) of the TIF Act, including the acquisition of the Property and the rehabilitation, reconstruction, repair or remodeling of the existing building, fixtures and improvements upon the Property.

Examples of Eligible Redevelopment Project Costs in a sentence

• The City shall have the obligations set forth in this Section 4.1 relative to financing Eligible Redevelopment Project Costs in connection with the Project.

• The City shall have the obligations set forth in this Section 3.1 relative to financing Eligible Redevelopment Project Costs in connection with the Private Development Project.

• No such approval shall be denied except on the basis that (i) all or some part of the Requisition does not constitute Eligible Redevelopment Project Costs or has not otherwise been sufficiently documented as specified herein; (ii) any subsequent amendment of the TIF Act or any subsequent decision of a court of competent jurisdiction makes any such payment to not be authorized; or (iii) a “Default” under Section 7.1 of this Agreement by the Developer has occurred and is continuing..

• No such approval shall be denied except on the basis that the amount of the total Eligible Redevelopment Project Costs paid and incurred by the Developer have not been sufficiently documented as specified herein.

• Payments to the Developer of the Loan Advances for Eligible Redevelopment Project Costs shall be made upon request therefor, in form reasonably acceptable to the City (each being a “Requisition”) submitted by the Developer upon completion of the Eligible Redevelopment Project Costs which have been incurred and paid.

More Definitions of Eligible Redevelopment Project Costs

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with the Project which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4-3(q) of the TIF Act, including: (a) costs of studies, surveys, development of plans and specifications including but not limited to professional service costs for architectural, engineering, legal, financial, planning or other services; (b) property assembly costs, including the acquisition of the Property, site preparation, and the clearing and grading of land; (c) costs of the construction of public works or improvements; and (d) up to 30% per year of interest costs incurred by the Developer related to the construction of the Project subject to the total cost limitations of such interest payments as set forth in subparagraph (D) of such Section, 5/11-74.4-3(q)(11).

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with the rehabilitation, reconstruction, repair or remodeling of the Private Development Project and which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4-3(q) of the TIF Act.

Eligible Redevelopment Project Costs means those costs paid and incurred by the Developer which are incurred in connection with the acquisition of land or rights or interests therein, demolition of buildings and site preparation related to the Development Project Site and which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4- 3(q)(2) of the TIF Act.

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with Phase I, Phase II and Phase III of the Project which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4-3(q) (2) and (3) of the TIF Act, including the partial demolition of an existing building and the subsequent rehabilitation, reconstruction, repair or remodeling of such building upon the Property.

Eligible Redevelopment Project Costs means those costs paid and incurred by the District which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11- 74.4-3(q) of the TIF Act, including: (i) costs of studies, surveys, development of plans and specifications for park facilities within the Redevelopment Project Area; (ii) property assembly costs, including but not limited to acquisition of land and other property, real and personal, for park facilities within the Redevelopment Project Area; (iii) costs of rehabilitation, reconstruction, repair or remodeling of existing park facilities within the Redevelopment Project Area; and (iv) costs of the construction and installation of new public improvements to park facilities within the Redevelopment Project Area.

Eligible Redevelopment Project Costs means those costs paid and incurred in connection with the Project which are authorized to be reimbursed or paid from the Fund as provided in Section 5/11-74.4-3(q) of the TIF Act, including: (a) costs of studies, surveys, development of plans and specifications including but not limited to professional service costs for architectural, engineering, legal, financial, planning or other services; (b) property assembly costs, including site preparation and the clearing and grading of land; (c) costs of the construction of public works or improvements; and

Eligible Redevelopment Project Costs means those costs paid and incurred by the Developer in connection with property assembly costs, including but not limited to the acquisition of land and other property, real or personal, or rights or interests therein for the Development