Qualifying Improvements definition

Qualifying Improvements means those improvements for energy efficiency, renewable energy, or wind resistance described in the Supplemental Act authorized to be affixed and/or installed by the record owner of an affected property. The term does not include similar improvements underwritten or financed by local, state or federal programs including, but not limited to State Housing Initiatives Partnership or SHIP Program, which are not secured by a special or non-ad valorem assessment.
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Qualifying Improvements means the Required Improvements and the Additional Improvements more particularly described in Exhibit B to this Agreement.
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Qualifying Improvements means any renovation or retrofitting of qualifying real property to reduce energy consumption or installation of a system for clean energy, as defined in section 16-245n, or customer-side distributed resources, as defined in section 16-1, permanently fixed to such qualifying real property to service qualifying real property, and, (A) improvements to address water conservation, (B) waste reduction, (C) health and safety issues, including, but not limited to, asbestos, mold and lead remediation, and (D) resiliency measures, including, but not limited to, flood-resistant construction and hurricane resistant construction;
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Examples of Qualifying Improvements in a sentence

  • The form of Financing Agreement in each instance shall provide for the transfer of any carbon or similar mitigation credits derived from Qualifying Improvements to the Agency, with such revenues therefrom, if any ever materialize, to be used by the Agency to underwrite generally its operation, mission and purpose.

  • The actions authorized by the Supplemental Act, including the financing of Qualifying Improvements through the execution of Financing Agreements and the related imposition of a Special Assessment, are reasonable and are necessary for the prosperity and welfare of the State, the Subscriber and its property owners and inhabitants.

  • PACE Qualifying Improvements shall mean those improvements to real property provided for in Section 163.08(2)(b), Florida Statutes, including, but not limited to, energy conservation and efficiency, renewable energy, and wind resistance improvements.

  • Additional PACE Providers interested in offering Qualifying Improvements within Broward County must meet the PACE Provider Standards and negotiate agreements with the County.

  • Therefore, the Parties acknowledge that there are no third party beneficiaries to this Agreement and that no third party shall be entitled to assert a right or claim against either of them based upon this Agreement; provided, however, that counsel to the Parties may rely on this Agreement for purposes of providing any legal opinions required by the issuance of debt to finance the Qualifying Improvements.

  • Pursuant to the Financing Agreement, the Authority will levy a contractual non-ad valorem assessment (the “Assessment”) on the property with respect to which the Qualifying Improvements will be installed.

  • Products that are installed in connection with Qualifying Improvements must meet eligibility criteria (collectively, “Eligible Products”).

  • In addition, at Landlord’s request, Tenant shall consult with Landlord regarding the classification of Improvements as IA Qualifying Improvements or Non IA Qualifying Improvements.

  • Such non-ad valorem assessments may only be to fund and finance Qualifying Improvements.

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More Definitions of Qualifying Improvements

Qualifying Improvements means the improvements to real property made by Company which constitute the basis of Company qualifying for grants or refunds pursuant to this Ordinance. No more than fifty percent (50%) of expenditures considered a qualifying improvement may be payments to persons or companies affiliated with or a subsidiary of applicant Company; expenditures made to such affiliated persons or subsidiary companies must be reasonable.
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Qualifying Improvements means the improvements to real property made by Company which constitute the basis of Company qualifying for grants pursuant to this Ordinance. For purposes of calculating the Real Property Grant such improvements shall be funds expended by Company externally for labor or materials to construct, demolish, renovate or add to real property. No more than fifty percent (50%) of expenditures considered a qualifying improvement may be payments to persons or companies affiliated with or a subsidiary of applicant Company; expenditures made to such affiliated persons or subsidiary companies must be reasonable.
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Qualifying Improvements means those improvements to real property provided for in section 163.08, Florida Statutes, including, but not limited to, energy conservation and efficiency, renewable energy and wind-resistance improvements. Sec. 42-441. Findings of Fact.(a) Section 163.08, Florida Statutes, authorizes local governments defined as a county, a municipality, a dependent special district as defined in s.189.012, or a separate legal entity created pursuant to s. 163.01(7) to establish and administer PACE Financing Agreements programs pursuant to which owners of real property may obtain funding for Qualifying Improvements.(b) Several PACE Local Governments have been created and the availability of the voluntary, non-exclusive PACE program offered by the separate PACE Local Governments is able to be utilized by Pinellas County by interlocal agreement without cost, assumption of liability by, or demand upon the credit of Pinellas County.(c) Section 163.08(3), Florida Statutes, authorizes a PACE Local Government to levy non-ad valorem assessments to fundqualifying improvements.(d) It is in the best interests of the citizens of Pinellas County to create a PACE Program through the adoption of an ordinance that sets uniform consumer protections that apply to all PACE Local Governments who implement and manage PACE Programs in Pinellas County excepting any municipality that has opted out of the Pinellas County PACE Program.(e) PACE Local Governments shall be authorized to implement the PACE Program through the execution of individual interlocal agreements.(f) The installation and operation of Qualifying Improvements not only benefits the affected properties for which the improvements are made, but also provides a public benefit by assisting in fulfilling the goals of the State’s and County’s energy and hurricane mitigation policies.(g) The voluntary participation in the PACE Program by property owners will provide an alternative financing option to finance and repay the costs to provide and install Qualifying Improvements to property located within Pinellas County.(h) It is within the best interests of the citizens of Pinellas County to have uniform consumer protection regulations that apply to all PACE Local Governments who implement and manage PACE Programs in Pinellas County excepting any municipality that has opted out of the Pinellas County PACE Program.Sec. 42-442. Short Title. This article shall be known as the “Property Assessed Clean Energy (PACE) Program”.Sec. 42-443. Purp...
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Qualifying Improvements means, collectively, (a) Core & Shell Improvements, and (b) all tenant improvement construction projects for premises in which a single tenant leases 100,000 rentable square feet or more of space.
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Related to Qualifying Improvements

  • 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.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Tenant Improvements Defined in Exhibit B, if any.

  • 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: