Owner Participation Agreement definition

Owner Participation Agreement means a binding agreement between a property owner and the Agency, required as a condition to participation in redevelopment, by which the participant agrees to rehabilitate, develop, use and maintain the property in conformance with the Redevelopment Plan and to be subject to its provisions.

Owner Participation Agreement means an agreement between the Agency and an Owner which sets forth terms and conditions for use of property, and/or its improvement and/or its redevelopment as to a specific property.

Owner Participation Agreement means that certain Owner Participation Agreement dated June 30, 2012, by and among the Company, MSG Holdings, and the City.

Examples of Owner Participation Agreement in a sentence

• All attachments and exhibits which are attached to this Owner Participation Agreement are made a part hereof by this reference.

• Tenant has been informed by Landlord that the Project (along with other property) is subject to the Mitigation Monitoring and Reporting Program for the Mission Bay South Plan Area (including, but not limited to, the Mission Bay South CEQA Mitigation Measures described in Attachment L to the Mission Bay South Owner Participation Agreement between the Redevelopment Agency and CDC dated November 16, 1998, and recorded in the Official Records on December 3, 1998, as Document No. 98-G477258).

• In order to account for any potential effects related to the development of the “Project” (as defined in the Ninth Amendment to Mission Bay South Owner Participation Agreement (the “Ninth Amendment”)), Owner shall record, or have recorded, a declaration of restrictions requiring Owner to make a separate annual payment to the Successor Agency, or its designee, to be used solely for the maintenance of Open Space Parcels.

• Not all properties with an Owner Participation Agreement will have a RAC, but when notified by TDHCA, the Eligible Multifamily Property must enter into a RAC(s) and begin serving Eligible Applicants.

• Whether or not a participant enters into an Owner Participation Agreement with the Agency, all other provisions of this Plan are applicable to all public and private property in the Project Area.

More Definitions of Owner Participation Agreement

Owner Participation Agreement means an agreement entered into by an Owner with the Agency in accordance with the provisions of the Redevelopment Plan and these Rules.

Owner Participation Agreement. The Owner Participation Agreement ("OPA") entered into by Agency and Developer with respect to the Project and any amendments thereto. Party: City and/or Developer, and Transferees, as applicable, determined as of the time in question. Person: An individual, partnership, limited liability company, firm, association, corporation, trust, governmental agency, administrative tribunal or other form of business or legal entity. Phase: A development phase of the Project as identified in the Phasing Plan (as defined below). A Phase consists of the construction of all of the physical improvements on, and associated with, one Development Site, including, but not limited to, on-site building improvements and on- and off-site landscaping, infrastructure, and street improvements.

Owner Participation Agreement or “OPA” means a binding agreement between a property owner and the Agency by which the participant agrees to rehabilitate, develop, use and maintain the property in conformance with this Redevelopment Plan.

Owner Participation Agreement means an agreement entered into by an Owner with the Agency in accordance with the provisions of the Redevelopment Plan and these rules.

Owner Participation Agreement means an agreement entered into by an Owner with the Redevelopment Authority in accordance with the provisions of the Redevelopment Plan and these guidelines providing for the assistance by the Redevelopment Authority in the Owner’s efforts to effect redevelopment on a particular property.

Owner Participation Agreement means the Owner Participation Agreement dated as of March 5, 2002, as supplemented and amended by (i) that certain First Implementation Agreement dated as of November 18, 2002, (ii) that certain Second Implementation Agreement dated as of December 12, 2003, (iii) that certain Third Implementation Agreement dated as of October 1, 2004, (iv) that certain Partial Assignment and Assumption Agreement dated as of December 18, 2003, (v) that certain Second Partial Assignment and Assumption Agreement dated as of October 1, 2004, (vi) that certain Third Partial Assignment of Owner Participation Agreement and Consent to Assignment, dated as of January 9, 2007, (vii) that certain letter agreement dated August 31, 2005 correcting Attachment 10, (viii) that certain Fourth Partial Assignment of Owner Participation Agreement and Consent to Assignment, dated as of August 3, 2007, (ix) that certain Fourth Implementation Agreement dated June 16, 2008, (x) that certain Fifth Partial Assignment of Owner Participation Agreement and Consent to Assignment dated as of August 19, 2008, (xi) that certain Sixth Partial Assignment of Owner Participation Agreement and Consent to Assignment dated as of May 1, 2015, and (xii) that certain Seventh Partial Assignment of Owner Participation Agreement and Consent to Assignment dated as of November 16, 2016.

Owner Participation Agreement means the certain agreement between the Developer and the City of Xxxxxxxxx Redevelopment Agency (Agency).