Assistance in Development Financing Sample Clauses

Assistance in Development Financing. Provided the Redeveloper has satisfied all conditions precedent set forth in this Agreement on or before the Expiration Date and construction has commenced on or before the Commencement Date, the Authority will provide assistance in development financing in the amount of $350,000.00, to be disbursed to the Redeveloper upon satisfaction of the conditions precedent set forth herein, which is to be repaid, with interest, over a fifteen (15) year period. The interest rate shall be 1.75% per annum. The assistance in development financing will be repaid by the sales, business property and real property tax incremental revenues generated by the Redevelopment, which will be secured by a continuing lien and minimum annual payment in lieu of taxes (PILOT) obligation as further provided in Section 5.11A of this Agreement and Section 2 of the Covenant Agreement.
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Assistance in Development Financing. “Assistance in Development Financing” means the $800,000 of the Development Incentive to be paid to Developer on a pro rata basis with the Project’s private financing after all equity has been expended and subject to the terms of this Agreement.
Assistance in Development Financing. 4.2.1 Draws/Payments
Assistance in Development Financing. The Authority will provide assistance in development financing in the amount of $350,000.00, to be disbursed to the Redeveloper upon satisfaction of the conditions precedent set forth herein, which is to be repaid, with interest, over a fifteen (15) year period. The interest rate shall be 1.75% per annum. The assistance in development financing will be repaid by the sales, business property and real property tax incremental revenues generated by the Redevelopment, which will be secured by a continuing lien and minimum annual payment in lieu of taxes (PILOT) obligation as further provided in Section 5.11A of this Agreement and Section 2 of the Covenant Agreement.
Assistance in Development Financing 

Related to Assistance in Development Financing

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK Firms and/or individuals that assisted in the development or drafting of the specifications, requirements, statements of work, or solicitation documents contained herein are excluded from competing for this solicitation. This shall not be applicable to firms and/or individuals providing responses to a publicly posted Request for Information (RFI) associated with a solicitation.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement.

  • Professional Development Reimbursement Management will provide reimbursement for approved professional development expenses for Lieutenants and Sergeants. Funds may be used for the purpose of improving job performance, maintaining and increasing proficiency, preparing Lieutenants and Sergeants for greater responsibility, or increasing promotional opportunities. Management must approve of the specific professional development request in advance. Denial will require written notification to the requesting Lieutenant or Sergeant.

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

  • Professional Development Activities Professional development activities are activities initiated by individual faculty members or groups of faculty members and may include attendance at conferences, workshops or seminars which facilitate the following:

  • Design Development Phase Services 3.3.1 Based on the Owner’s approval of the Schematic Design Documents, and on the Owner’s authorization of any adjustments in the Project requirements and the budget for the Cost of the Work, the Architect shall prepare Design Development Documents for the Owner’s approval. The Design Development Documents shall illustrate and describe the development of the approved Schematic Design Documents and shall consist of drawings and other documents including plans, sections, elevations, typical construction details, and diagrammatic layouts of building systems to fix and describe the size and character of the Project as to architectural, structural, mechanical and electrical systems, and other appropriate elements. The Design Development Documents shall also include outline specifications that identify major materials and systems and establish, in general, their quality levels.

  • PROFESSIONAL DEVELOPMENT AND EDUCATIONAL IMPROVEMENT A. The Board agrees to implement the following:

  • Faculty Development Faculty who develop and/or teach Distance Education courses shall be provided with reasonable technical support and opportunities for Faculty development, consistent with the needs of the Faculty and availability of Board resources and services for that purpose. In the event that a Faculty member develops and/or teaches a Distance Education course for the first time, the Faculty member shall receive reasonable and appropriate professional development and technical support assistance, consistent with the needs of the Faculty and availability of Board resources and services for that purpose. In instances of succeeding assignments to teach Distance Education courses, the Faculty member is expected to demonstrate a level of technical competence sufficient to teach the course. Ongoing technical support assistance may be available to Faculty who teach succeeding offerings of the same course.

  • Professional Development Program (a) The parties agree to continue a Professional Development Program for the maintenance and development of the faculty members' professional competence and effectiveness. It is agreed that maintenance of currency of subject knowledge, the improvement of performance of faculty duties, and the maintenance and improvement of professional competence, including instructional skills, are the primary professional development activities of faculty members.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

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