Public Improvements Costs definition

Public Improvements Costs means the costs of the Public Improvements paid from the 20 Public Financing, including costs to plan, design, coordinate, and obtain the permits for the Public 21 Improvements, and the costs to construct, equip, install and complete the Public Improvements.
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Public Improvements Costs means the cost of:
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Public Improvements Costs means, the aggregate cost incurred by the Redeveloper to acquire the real property on which the Public Improvements are constructed (including, without limitation all Reimbursable Expenses related thereto), to develop, construct, equip, complete, finance and install the Public Improvements to be constructed by the Redeveloper in accordance with this Agreement, the Plans and all Legal Requirements, or reasonably expected to be incurred by the Redeveloper after Substantial Completion in achieving full completion of the Project after any Closing in compliance with this Agreement, including, without limitation, all Redeveloper Soft Costs; provided, however, that with respect to any portion of real property (including improvements) acquired by the Redeveloper and on which a Public Improvement is constructed, the acquisition cost thereof allocated to the Public Improvements Costs of such Public Improvement shall not exceed an equitable portion of the Fair Market Value of such real property; provided, further, however, that for purposes of this definition only, “Fair Market Value” shall be determined by mutual agreement of the Agency and the Redeveloper or, if they cannot reach mutual agreement within thirty (30) days after submission to the Agency of the Redeveloper’s calculation thereof, upon the written request of either such Party, Fair Market Value shall be determined by an Appraisal obtained by the Redeveloper in connection with its acquisition or financing of such real property or, if no Appraisal was obtained in connection therewith, by an Appraisal obtained by the Redeveloper in connection with the calculation of Public Improvements Costs (but establishing Fair Market Value as of the date on which Redeveloper acquired title to such real property).
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Examples of Public Improvements Costs in a sentence

  • In the event that the Expense Arbiter determines that the aggregate amount of the Public Improvements Costs is less than the aggregate amount of the payments made to the Redeveloper under Article VIII, then the Redeveloper shall refund such deficiency to the City within fifteen (15) days of such determination.

  • In the event that the City, after having reasonable opportunity to examine the Records, determines that the aggregate amount of the Public Improvements Costs is less than the aggregate amount of the payments made to the Redeveloper under Articles VIII, then the City may send a written notice (“Audit Statement") to Redeveloper of such determination, specifying in reasonable detail the basis for the City’s determination and the amount of any refund claimed to be due the City.

  • It is anticipated that the Net Bond Proceeds (or the proceeds of BANs in lieu thereof) shall be disbursed to Redeveloper as provided in Section 8.4 to pay the City’s bonded obligations with respect to Public Improvements Costs incurred by Redeveloper.

  • Subject to the terms of this Agreement with respect to the City’s payment of Public Improvements Costs, all costs associated with such acquisition by Redeveloper shall be borne by the Redeveloper.

  • The Site Preparation Project Costs and the Public Improvements Costs shall be paid 24 from the Public Financing.

  • In turn the County shall remit payment up to the amount of its total County Contributions as of such date which have not already been disbursed for one half of the actual costs incurred by the City for the Public Improvements Costs and that have been requested up to the maximum amount of County Contribution for the Development Area as set forth in this Agreement.

  • CMPA covenants and agrees with the Developer to exercise its best efforts to 32 obtain lawfully available funds in sufficient amounts to pay the Public Improvements Costs and to have 33 such funds available when needed to pay such costs.

  • Such written request shall include proof that the City actually incurred or made payment towards the Public Improvements Costs to which such request for reimbursement relates.

  • All income earned from 19 the investment of funds held in the Construction Fund, if any, shall be retained in the Construction Fund 20 and expended to pay the Site Preparation Project Costs and the Public Improvements Costs.

  • All income earned from 40 the investment of funds held in the Construction Fund, if any, shall be retained in the Construction Fund 41 and expended to pay the Site Preparation Project Costs and the Public Improvements Costs.


More Definitions of Public Improvements Costs

Public Improvements Costs are defined as the actual costs of the Public Improvements, including all drainage and storm sewer costs related thereto, listed in Exhibit A. The Public Improvements Costs may include the costs of, design, development and construction of the Public Improvements, including
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Public Improvements Costs means those actual third party costs and expenses incurred and paid by Owner in connection with the design and construction of the Public
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Public Improvements Costs except as explicitly excepted below, means all costs of acquisition, design, development, construction and financing of the Public Improvements paid by or on behalf of the City, including (i) the acquisition cost of any land that is part of the Public Improvements; (ii) all costs of design, engineering, materials, labor, construction, testing and inspection and other services arising in connection with the design and construction of the Public Improvements; (iii) all payments arising under any contracts entered into for the design or construction of the Public Improvements; (iv) all costs incurred in connection with obtaining governmental approvals, certificates and permits required in connection with the construction of the Public Improvements, including the legal, engineering, environmental, and other consultant fees and expenses related to the design and construction of the Public Improvements. Public Improvements Costs as used in this Agreement explicitly excludes:
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Related to Public Improvements Costs

  • Public improvement costs means the costs of:

  • Public Improvements means only the following improvements: housing facilities; garbage disposal plants; rubbish disposal plants; incinerators; transportation systems, including plants, works, instrumentalities, and properties used or useful in connection with those systems; sewage disposal systems, including sanitary sewers, combined sanitary and storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of sewage or industrial wastes; storm water systems, including storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of storm water; water supply systems, including plants, works, instrumentalities, and properties used or useful in connection with obtaining a water supply, the treatment of water, or the distribution of water; utility systems for supplying light, heat, or power, including plants, works, instrumentalities, and properties used or useful in connection with those systems; approved cable television systems, approved cable communication systems, or telephone systems, including plants, works,

  • Public improvement means projects for construction, reconstruction or major renovation on real property by or for a public agency. “Public Works” shall mean roads, highways, buildings, structures and improvement of all types, the construction, reconstruction, major renovation or painting of which is carried on or contracted for by any public agency to serve the public interest by does not include the reconstruction or renovation of privately owned property which is leased by a public agency.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Construction Costs means any and all costs incurred by the Contractor with respect to the construction and equipping, as the case may be, of the improvements performed, whether paid or incurred prior to or after the date hereof, including, without limitation, costs for Site preparation, the removal or demolition of existing structures, the construction of the Project and related facilities and improvements, and all other work in connection therewith, security of the Site and Project, Contractors’ overhead and supervision at the Project Site, all costs and expenses including any taxes or insurance premiums paid by the Contractor with respect to the Property, and administrative and other expenses necessary or incident to the Project, excluding Contractors’ and Developers’ home office overhead and profit. The term “Construction Costs” includes all Contractor’s costs associated with preparing or generating additional copies of any Construction Documents, as defined below, related to or required for the Project, including preparation or generation of additional Plans and/or Specifications for Contractor’s Subcontractors. In no event shall Construction Costs exceed the Guaranteed Maximum Price.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected. Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other Third Party upon the expiration or termination of the Lease for such Leased Real Property.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Fully Burdened Manufacturing Cost means, with respect to any Preclinical Materials or Clinical Materials produced by IMMUNOGEN for GENENTECH under this Agreement, the sum of the following components: (a) the costs of goods produced, as determined by IMMUNOGEN in accordance with generally accepted accounting principles in the United States, consistently applied, including, without limitation, direct labor, material and product testing costs of such Preclinical Materials or Clinical Materials; (b) any Third Party royalty costs directly allocable to the manufacture or use of such Preclinical Materials or Clinical Materials; (c) all Allocable Overhead on the cost of goods under clause (a) above; and (d) any other costs borne by IMMUNOGEN, for the transport, customs clearance, duty, insurance and/or storage of such Preclinical Materials or Clinical Materials.

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Minimum Improvements means devoting the Development Property to its intended Use and construction of approximately a square foot parking facility for use as parking for the Developer as identified and set forth in Exhibit C and constructed in accordance with the Construction Plans submitted to and approved by the Authority. After completion of the Minimum Improvements, the term shall mean the Development Property as improved by the Minimum Improvements.

  • demolition work means a method to dismantle, wreck, break, pull down or knock down of a structure or part thereof by way of manual labour, machinery, or the use of explosives;

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Licensee Improvements means any improvement, enhancement, modification, derivative work or upgrade to any of Licensor Patent Rights made, conceived, reduced to practice, affixed or otherwise developed by or on behalf of Licensee during the term of this Agreement and solely as exercised under the License.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Maximum medical improvement means a point in time when any medically

  • Qualified Project Costs means Project Costs that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of interest accrued during rehabilitation of the Projects shall be eligible to be a Qualified Project Cost as is so capitalizable and as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the rehabilitation of the Projects shall not be a Qualified Project Cost; and provided still further that if any portion of any of the Projects is being rehabilitated by an Affiliated Party (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket costs incurred by such Affiliated Party in rehabilitating the Projects (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliated Party, and (C) any overhead expenses incurred by the Affiliated Party which are directly attributable to the work performed on the Projects, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the rehabilitation of the Projects or payments received by such Affiliated Party due to early completion of the rehabilitation of the Projects; (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the Inducement Date or the Closing Date, and (iv) if the Project Costs were previously paid and are to be reimbursed with proceeds of the Loan or the Bonds, such costs were (A) costs of issuance of the Issuer Note, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.139-2(f)(2)) with respect to the Projects (such as architectural, engineering and soil testing services) incurred before commencement of the rehabilitation of the Projects that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Projects that are reimbursed no later than eighteen

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Most Referenced Definitions