TDD Improvements definition
Examples of TDD Improvements in a sentence
The Developer agrees that the City, with reasonable advance notice and during normal business hours, shall have the right and authority to review, inspect, audit, and copy, from time to time, all of the Developer’s books and records relating to the TDD Improvements as pertinent to the purposes of this Agreement.
During the Term, the Developer shall endeavor to submit Certifications of Expenditures for those expenditures made in connection with the TDD Improvements on a quarterly basis, and shall submit a Certification of Expenditures for any expenditure made in connection with a TDD Improvement within one-hundred eighty (180) days of incurring such expenditure.
The City reserves the right to have its engineer, City staff or other agents or employees inspect all work in respect of which a Certification of Expenditure is submitted, to examine the Developer’s and other’s records relating to all costs of TDD Improvements to be paid, and to obtain from such parties such other information as is reasonably necessary for the City to evaluate compliance with the terms hereof.
Developer shall be responsible for and will bear all costs of the Project, including the TDD Improvements, subject to the terms of this Agreement.
Within ninety (90) days of execution of this Agreement, the Developer shall submit a Certification of Expenditures for those expenditures made prior to the execution of this Agreement in connection with the TDD Improvements.
Developer, using private equity and debt, has initially advanced all of the costs for the design, development and construction of the Completed TDD Improvements.
Developer hereby understands and agrees that it shall not be entitled to any Pay-As-You-Go TDD Financing to reimburse the costs of Future TDD Improvements related to any of the uses described on Exhibit I attached hereto.
The City hereby acknowledges that all of the Completed TDD Improvements have been completed on or before the date of this Agreement.
Developer or its permitted successors and assigns, using private equity and debt, shall advance all of the costs for the design, development and construction of any Future TDD Improvements.
The Developer hereby represents and warrants to the City that it has constructed and finished all of the Completed TDD Improvements in conformance with the Revised Preliminary Development Plan, Final Development Plan, related stipulations, and City building codes, City Ordinances and all other Applicable Laws and Requirements.