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-1.
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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 ▇▇▇▇▇▇’▇ Building Estimators Reference Book by the ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ 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...
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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.
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Examples of Public Use Improvements in a sentence

  • 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.

  • Subject to the provisions of law and this Lease, ▇▇▇▇▇▇ 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.

  • This easement shall terminate upon completion of the Public Use Improvements.

  • Subject to the provisions of law and this Lease, Tenant agrees that the Premises shall be used solely for the construction, management and operation of the Project (as more particularly described in Exhibit B, 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.

  • The City shall design, engineer and construct the Public Use Improvements in accordance with current City standards and design guidelines, other applicable design standards, the Right of Way Depiction set forth on Exhibit C attached hereto, the terms of this Agreement, and in accordance with the provisions of the Iowa Code, including required public notice(s) and hearing(s) on the proposed Public Use Improvements.

  • Contingent on Developer’s compliance with the terms of this Agreement in all material respects, and contingent upon satisfaction of the Conditions Precedent set forth below in Section 4.1(a), the City intends to issue City Bonds to fund, and then construct, certain Public Use Improvements.

  • During the Term, ownership and title to all Buildings, Fixtures, [Public Use Improvements,] and other improvements and personal property located on the Premises (other than fee title to the land) shall be vested in and held by Tenant.

  • Subject to Developer being in compliance with this Agreement, Developer shall not be specially assessed for any of the Public Use Improvements to be constructed by City pursuant to this Agreement, but nothing in this Section shall preclude the City from specially assessing the Developer on the same basis as it is assessing all other properties in the vicinity of the Indianola Industrial Park Property for improvements other than the Public Use Improvements.

  • Other than property owned by ▇▇▇▇▇▇▇▇▇ and to be conveyed to the City pursuant to Section 3.1, the City shall obtain, through condemnation, if necessary, all required property and rights of way (including, without limitation, grading or construction easements) necessary for construction of the Public Use Improvements, as determined by final engineering design.

  • The Public Use Facilities, specifically including the FTA Funded Public Use Improvements, shall be exempt from payment of all Real Estate Taxes [and Special Charges described in Section 2.1 herein].

Related to Public Use Improvements

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • System improvements means capital improvements to public facilities which are designed to provide service to a service area.

  • 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,

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

  • 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.