Redeveloper Public Improvements definition

Redeveloper Public Improvements shall include all the public improvements that shall be undertaken and constructed by the Redeveloper on the Project Site, as more particularly described on Exhibit “A”, which are eligible improvements under the Act.
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Redeveloper Public Improvements means the improvements to be purchased, constructed, reconstructed, acquired, improved, extended, rehabilitated, installed, equipped, furnished and completed in the Redevelopment Project Area in accordance with the Redevelopment Plan and identified as Site Preparation, Public Infrastructure, Public Enhancements (each as defined in the Redevelopment Agreement) and rehabilitation of historic buildings to be used for commercial and residential purposes throughout the Project Area.
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Redeveloper Public Improvements means public infrastructure as provided in the PUD and Planning Development Contract.
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Examples of Redeveloper Public Improvements in a sentence

  • All persons who have supplied or furnished the Principal, its Contractors and/or Subcontractors with labor or materials in the prosecution of the Redeveloper Public Improvements provided for in the Redevelopment Agreement shall have the direct right of action under this bond subject to the Obligee's priority.

  • Grants of TIF Funds for reimbursement of the cost of certain Redeveloper Public Improvements pursuant to the Redevelopment Agreement shall be made upon a showing satisfactory to the Urban Development Director of the City that the Redeveloper Public Improvements for which reimbursement is requested is entirely complete and that all persons having performed labor or furnished materials, equipment or supplies for such work have been paid in exchange for payment.

  • The parties agree that any grant paid hereunder to the Redeveloper as reimbursement for the cost of the Redeveloper Public Improvements are for the benefit of the City and the public and are granted pursuant to the contract provisions described herein and that such grant funds are not under the dominion and control of the Redeveloper and should not be construed as income to the Redeveloper under the Internal Revenue Code Section 61 (I.R.C. § 61).

  • Redeveloper agrees to secure all permits and licenses necessary for construction of the Redeveloper Public Improvements including, but not limited to, necessary building permits and inspections.

  • Redeveloper shall, at its own cost and expense, subject to full or partial reimbursement with available TIF Bond Proceeds as set forth in this Redevelopment Agreement, construct/install or cause the Redeveloper Public Improvements as defined below to be constructed/installed.

  • Proof of such penal bond shall be supplied to and approved by the City prior to the start of construction of the New Building and Redeveloper Public Improvements.

  • The Tax Increment so captured by the City shall be used to make the Public Enhancements and the Redeveloper Public Improvements as described in the Redevelopment Agreement.

  • The Tax Increment so captured by the City shall be used for Project Site Purchase Assistance and to make the Redeveloper Public Improvements and City Public Improvements as described in the Redevelopment Agreement.

  • Such penal bond shall stay in place until the City executes the Certificate of Completion of Improvements for the New Building and shall be conditioned upon Redeveloper or Redeveloper’s contractor at all times making payment of all amounts lawfully due to all persons supplying or furnishing Redeveloper, Redeveloper’s contractor, or his or her subcontractors with labor or materials performed or used in the prosecution of the New Building and Redeveloper Public Improvements.

  • The Redeveloper will be solely responsible for payment of all construction costs for the Private Improvements, and Redeveloper Public Improvements.


More Definitions of Redeveloper Public Improvements

Redeveloper Public Improvements means the improvements to be purchased, constructed, reconstructed, acquired, improved, extended, rehabilitated, installed, equipped, furnished and completed in the Project Area in accordance with the Redevelopment Plan and identified as the Redeveloper Public Improvements, including Site Preparation, Façade Enhancements and Streetscape Improvements (each as defined in the Redevelopment Agreement).
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Related to Redeveloper Public Improvements

  • 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,

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

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

  • Project Improvements means site improvements and facilities that are: