Public Use Improvements definition

Public Use Improvements mean the off-site transportation and pedestrian improvements as identified in the applicable proffers and other locations, as further identified in Exhibit B.
Sample 1
Public Use Improvements means the Public Use Improvements to be installed/constructed by the City as described on Exhibit B and depicted in Exhibit C.
Sample 1
Public Use Improvements means the baseball field, grandstand and other locations, as further identified in Exhibit B.][ FORM COMMENT – MAY OR MAY NOT BE INCLUDED IN A PARTICULAR LEASE, BUT WILL BE INCLUDED IN AT LEAST ONE LEASE AND DEPENDS ON HOW AND WHEN CLOSINGS OCCUR.] “Replacement Value” shall be deemed to be an amount equal to the costs [of replacing the Improvements on the Property with new Improvements that contain the same number of [Residential Unit] (including any required Affordable Dwellings) of substantially equal quality and character (taking into consideration that: (i) certain characteristics regarding the historic nature of the Buildings cannot be replaced; and (ii) any existing Deed Restrictions may prevent the construction of such [Residential Units/Buildings/Public Improvements]), to the extent that such costs can be covered by a standard fire insurance policy. Within ten (10) days after Substantial Completion, Tenant shall deliver an estimate of or statement with respect to the Replacement Value prepared by the insurer(s) of the Project or another disinterested insurance provider. Sixty (60) days prior to the tenth (10th) anniversary of the date of Substantial Completion and each subsequent tenth (10th) anniversary thereafter for the Term of this Lease, Tenant shall provide an estimate of or statement with respect to the Replacement Value prepared by the insurer(s) of the Project or another disinterested insurance provider. Such estimate shall determine the current cost (including all hard and soft costs) of rebuilding the entire Project, without regard to depreciation of the Project (and without taking into consideration that any existing Deed Restrictions may prevent the construction of the Project), which amount shall then be deemed to be the Replacement Value. [FORM COMMENT – THIS WILL HAVE TO BE TAILORED TO EACH LEASE, DEPENDING ON WHAT IS BEING LEASED (e.g. the reformatory buildings, the chapel, the Power Plant, etc.)] The amount of Replacement Value shall be adjusted on each anniversary of the initial determination of Replacement Value and of each subsequent decennial redetermination of Replacement Value throughout the Term by a percentage equal to the percentage change in the appropriate index in Xxxxxx’x Building Estimators Reference Book by the Xxxxx X. Xxxxxx Company (or such other published index of construction costs which shall be selected from time to time by Landlord, provided that such index shall be a widely recognized measure of constructio...
Sample 1

Examples of Public Use Improvements in a sentence

  • Subject to the provisions of law and this Lease, Xxxxxx agrees that the Premises shall be used solely for the construction, management and operation of the Project (as more particularly described in Exhibit B-1, attached hereto and made a part hereof), the leasing of Residential Units to Residential Tenants (and incidental uses ancillary thereto) and the leasing of certain of the Public Use Improvements (where applicable), and for no other purpose.

  • Tenant agrees that the Premises shall be used solely for the development, construction, reconstruction, rehabilitation, management and operation of the Project (as more particularly described in Exhibit B-1, attached hereto and made a part hereof), including any Restoration thereof, and the leasing of Residential Units and certain Public Use Improvements (where applicable) and for no other purpose.

Related to Public Use Improvements

  • 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.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Improvements means the buildings, structures, improvements, and alterations now constructed or at any time in the future constructed or placed upon the Land, including any future replacements and additions.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.