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

  • Agency and Integral Communities XxXxxxxxxx, LLC, a California limited liability company (the “Developer”) entered into that certain Owner Participation Agreement (“OPA”) dated as of August 3, 2010 concerning the redevelopment of certain real property located in the City of Milpitas, California, including Building 1 on Lot 1 more fully described in Attachment 1 attached hereto (the “Building”).

  • In addition, “default” shall mean a material failure of performance or a substantial and unreasonable delay in performance by CITY or LANDOWNER of any of term, condition, obligation or covenant set out in the: (i) Proposition 1C Agreement, and (ii) Owner Participation Agreement.

  • Xxxxxxxx, XX 00000 Attn: Executive Director EXEMPT FROM RECORDING FEES PER GOVERNMENT CODE §§6103, 27383 (SPACE ABOVE THIS LINE RESERVED FOR RECORDER’S USE) MEMORANDUM OF OWNER PARTICIPATION AGREEMENT This Memorandum of the Owner Participation Agreement (“Memorandum”) dated as of August 3, 2010, is entered into by and between the Redevelopment Agency of the City of Milpitas, a public agency (“Agency”) and Integral Communities XxXxxxxxxx, LLC, a California limited liability company (“Developer”).

  • The Mission Bay North/South Owner Participation Agreement by and between the San Francisco Redevelopment Agency and Catellus Development Corporation dated as of November 16, 1999, including the Attachments thereto (the “OPA”) contain certain requirements related to the design and construction of structures, infrastructure, and other improvements within the property that is the subject of this Agreement.

  • A form of this Agreement is attached to that certain Owner Participation Agreement entered into between CRA/LA and Developer, dated as of , 2011 (“OPA”).


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 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. 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 means the certain agreement between the Developer and the City of Xxxxxxxxx Redevelopment Agency (Agency).
Owner Participation Agreement means an agreement between the Agency and a property Owner or Tenant which sets forth terms and conditions for the redevelopment of such property.
Owner Participation Agreement means that certain Owner Participation Agreement executed by the Milpitas Redevelopment Agency and Ford Motor Land Development Corporation recorded August 4, 1994 in Book M 925, Page 1030 of Official Records of Santa Xxxxx, State of California.