TIME FOR CONSTRUCTION. The Developer acknowledges that the improvements must be completed and accepted by the City no later than July 3, 2025, in order to be eligible for reimbursement under this Agreement. In no event will the City reimburse the Developer for any expenditure of funds, whether for design, construction, or any other purpose if the expenditure is made by the Developer more than five years following the creation of the District.
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Sources: Construction Contract, Contract for Construction of Public Improvements
TIME FOR CONSTRUCTION. The Developer acknowledges that the improvements must be completed and accepted by the City no later than July 3February 5, 20252026, in order to be eligible for reimbursement under this Agreement. In no event will the City reimburse the Developer for any expenditure of funds, whether for design, construction, or any other purpose if the expenditure is made by the Developer more than five years following the creation of the District.
Appears in 1 contract