Future Improvement Area Authorized Improvements Sample Clauses

Future Improvement Area Authorized Improvements. Upon completion of the Shared Public Improvements orFuture Improvement Area #2 PublicAuthorized Improvements contemplated by an Acquisition and Reimbursement Agreementfor a given Future Improvement Area and as requested by Owner, the City will issueconsider the issuance of Future Improvement Area #2 Bonds, subject to meeting the requirements and conditions stated in this Section, Section 5.01, and State law, to reimburse the Owner for Improvement Area #2’s Allocable Share of the costs of those Shared Public Improvements and the Cost of thosethe Future Improvement Area #2 PublicAuthorized Improvements for the applicable Future Improvement Area that are completed at the time of the Bond issuethe Future Improvement Area Bonds are issued less any amounts already reimbursed to Owner pursuant to either Acquisition andfrom the applicable PID Reimbursement AgreementFund. Owner may provide the City a Bond Issuance Request including the anticipated completion date for the Shared Public Improvements and applicable Future Improvement Area #2 PublicAuthorized Improvements that are to be funded by the given Future Improvement Area #2 Bond issue one hundred and twenty (120) days prior to such anticipated date. The City shall commence the documentation and preparation for sale of theany Future Improvement Area #2 Bonds based upon receipt of such Bond Issuance Request from the Owner and approval by City Council to issue the Bonds.
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Future Improvement Area Authorized Improvements. (a) The costs of the Future Improvement Area Authorized Improvements will be initially financed through this Section 4.03. The Owner shall convey, and the City shall acquire, as more particularly described in Section 3.01 above, the given Future Improvement Area Authorized Improvement for the Cost, after such Future Improvement Area Authorized Improvement is completed and has been accepted by the City. It being acknowledged that those Shared Authorized Improvements not completed at the time of the Improvement Area #1 Bond issue do not benefit Improvement Area #1 and will be funded by the Future Improvement Areas, as applicable. Each Future Improvement Area will be allocated its proportionate share of the cost of those Shared Authorized Improvements, and the concept generally described in the preceding sentence shall similarly apply to those Shared Authorized Improvements not completed at the time of any given Future Improvement Area Bonds. The general process for funding of Future Improvement Area Authorized Improvements is outlined in Section 4.01(e)-(j) above and as follows. (1) As soon as practical after the Owner’s written request, and prior to the transfer of any Parcel to a homebuyer in the applicable Future Improvement Area, the City will adopt an Assessment Ordinance levying the Special Assessments on a given Future Improvement Area for the Authorized Improvements relating to such Future Improvement Area. The City will levy and collect the Special Assessments on the applicable Future Improvement Area for the Future Improvement Area Authorized Improvements in accordance with the Assessment Plan and the applicable Assessment Ordinance. (2) At the request of Owner, after the completion of some or all of the Future Improvement Area Authorized Improvements, the City will begin collecting the Special Assessments for the Future Improvement Area Authorized Improvements. (3) Upon completion of the Future Improvement Area Authorized Improvements for a given Future Improvement Area and as requested by Owner, the City will consider the issuance of Future Improvement Area Bonds, subject to meeting the requirements and conditions stated in this Section, Section 5.01, and State law, to reimburse the Owner for the Cost of the Future Improvement Area Authorized Improvements for the applicable Future Improvement Area that are completed at the time the Future Improvement Area Bonds are issued less any amounts already reimbursed to Owner from the applicable PID Reimbu...
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Related to Future Improvement Area Authorized 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.

  • School Improvement The parties do hereby mutually agree that the school improvement process currently in effect will continue. Any plan developed by the committees shall not be in conflict with the master agreement or board policy.

  • Lessee Improvements Lessee shall not make or allow to be made any alterations or physical additions in or to the leased premises without first obtaining the written consent of Lessor, which consent shall not be unreasonably withheld. Any alterations, physical additions or improvements to the leased premises made by Lessee shall at once become the property of Lessor and shall be surrendered to Lessor upon the termination of this Lease provided that Lessee shall be entitled to retain the property listed on Exhibit A attached hereto, and provided further that, Lessor, at its option, may require Lessee to remove any physical additions and/or repair any alterations in order to restore the leased premises to the condition existing at the time Lessee took possession, reasonable wear and tear excepted, all costs of removal and/or alterations to be borne by Lessee. This clause shall not apply to moveable equipment of furniture owned by Lessee, which may be removed by Lessee at the end of the term of this Lease if Lessee is not then in default and if such equipment and furniture are not then subject to any other rights, liens and interests of Lessor.

  • ALTERATIONS & IMPROVEMENTS Tenant shall not make any alterations, additions or improvements or do any type of construction to the Property without first obtaining Landlord's written consent. Unless prior written agreement is reached between Tenant and Landlord, any such alterations, additions, improvements or construction shall become part of the Property and shall remain at the expiration of Tenant's Lease term. If Landlord approves of alterations, additions, improvements or construction in writing and Tenant intends to use contractors to undertake such work, the contractors must first be approved in writing by Landlord. Tenant must also place any funds to cover the amount of any alterations, additions, improvements or construction in an escrow account approved by Landlord before the commencement of the work. Landlord shall designate the times and manner of the work being done, exclusively.

  • Landlord Improvements Prior to Tenant’s occupancy, Landlord shall complete the Landlord Improvements. Landlord shall use commercially reasonable efforts to complete the Landlord Improvements by the Anticipated Rent Commencement Date. (a) As of November 4, 2011, after consultation with Tenant, Landlord has provided Tenant with Landlord’s proposed plans and specifications (defined below in subpart (c))for the Landlord Improvements (such plans and specifications, as amended in accordance with the provisions of this Rider 101, are hereafter called “Plans and Specifications”). (b) The Plans and Specifications have been accepted by both Tenant and Landlord, the Plans and Specifications are incorporated herein by reference and made a part hereof for all purposes. (c) Landlord and Tenant acknowledge that the plans dated November 4, 2011, by Page ▇▇▇▇▇▇▇▇▇▇▇ Page, LLP have been approved by both parties and shall constitute the “Plans and Specifications.” (d) Promptly upon approval of the Plans and Specifications, Landlord has caused general contractors to bid for construction of the Landlord Improvements. All bids have been opened together, with Landlord selecting the general contractor with the lowest bid to construct the Landlord Improvements (the “General Contractor”), subject to the reasonable approval of Tenant. Landlord shall enter into a guaranteed maximum price construction contract with the General Contractor in the amount of its bid (the “Approved Bid”) and shall not modify such contract without Tenant’s consent, which shall not be unreasonably withheld, delayed or conditioned. Landlord and Tenant have reviewed the Plans and Specifications and the bids and have agreed upon the scope of work to be constructed at a cost of construction not to exceed the Landlord’s Contribution.