Contract with City Sample Clauses

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes and modifying development standards otherwise applicable to the Project such as increasing unit density, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which are of financial benefit to the Developer, Xxxxxxxxx has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 Affordable Units on the Project Property for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b) and Government Code Section 65915 et seq.
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Contract with City. Developer hereby acknowledges that in approving this Development Agreement for the Project, the City is waiving fees and taxes, and the City is modifying development standards otherwise applicable to the Project such as increasing Floor Area Ratio and Building Height, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which constitute direct financial contribution to the Developer, Developer has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement to provide and maintain either thirty (30) Affordable Units off-site or eight (8) Affordable Units on- site for occupancy by income qualified households per the terms of this Agreement. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52(b) and Chapter 4.3 of the State Planning and Zoning Laws, Government Code Section 65915 et seq.
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Contract with City. Developer hereby acknowledges that in approving this Agreement for the Project, the City is waiving certain fees and taxes and modifying certain development standards that would otherwise be applicable to the Project such as increasing unit density and other property development standards compared with the DCP’s standards for base projects in the Ocean Transition District. In exchange for such forms of assistance from the City, which constitute direct financial contribution to the Developer, Xxxxxxxxx has entered into this contract with the City and agreed to the other conditions hereof, including the requirement to transfer land to a non-profit housing provider and provide other financial assistance to ensure development of the 100% Affordable Housing Project. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52(b) and Chapter 4.3 of the State Planning and Zoning Laws, Government Code Section 65915 et seq.‌ ARTICLE 3‌
Sample 1

Related to Contract with City

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  • Contractor Certification regarding Business with Certain Countries and Organizations Pursuant to Subchapter F, Chapter 2252, Texas Government Code], Contractor certifies Contractor is not engaged in business with Iran, Sudan, or a foreign terrorist organization. Contractor acknowledges this Agreement may be terminated and payment withheld if this certification is inaccurate.

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