Common use of City Financial Assistance Clause in Contracts

City Financial Assistance. After the Company has executed a lease for the Premises and filed the required applications for the installation of the Premises, Company may submit to the City a reimbursement request under this Agreement for applicable City fees, permits or taxes. Company shall also provide a copy of the relevant invoices and receipts to accompany a reimbursement request. Company acknowledges and agrees that the City’s obligation to apply the funds under this Agreement is conditioned upon the City approving the applications for the fee, permit or tax for the rehabilitation of the Premises. In no event shall the City be obligated to reimburse Company for any costs in an amount in excess of Ten Thousand Dollars ($10,000). The City’s obligation to provide City Assistance shall expire on June 30th, 2022 if the City has not issued a permit set forth in Section 2 of this Agreement by that date. Company’s financial contribution to the project eligible for consideration of matching funds may include, but may not be limited to the following:

Appears in 4 contracts

Samples: Active Storefronts Assistance Grant Agreement, Active Storefronts Assistance Grant Agreement, Active Storefronts Assistance Grant Agreement

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City Financial Assistance. After the Company has executed a lease for the Premises and filed the required applications for the installation of the Premises, Company may submit to the City a reimbursement request under this Agreement for applicable City fees, permits or taxes. Company shall also provide a copy of the relevant invoices and receipts to accompany a reimbursement request. Company acknowledges and agrees that the City’s obligation to apply the funds under this Agreement is conditioned upon the City approving the applications for the fee, permit or tax for the rehabilitation of the Premises. In no event shall the City be obligated to reimburse Company for any costs in an amount in excess of Ten Thousand Dollars ($10,000). The City’s obligation to provide City Assistance shall expire on June 30th, December 31st 2022 if the City has not issued a permit set forth in Section 2 of this Agreement by that date. Company’s financial contribution to the project eligible for consideration of matching funds may include, but may not be limited to the following:

Appears in 1 contract

Samples: Active Storefronts Assistance Grant Agreement

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City Financial Assistance. After the Company has executed a lease for the Premises and filed the required applications for the installation of the Premises, Company may submit to the City a reimbursement request under this Agreement for applicable City fees, permits or taxes. Company shall also provide a copy of the relevant invoices and receipts to accompany a reimbursement request. Company acknowledges and agrees that the City’s obligation to apply the funds under this Agreement is conditioned upon the City approving the applications for the fee, permit or tax for the rehabilitation of the Premises. In no event shall the City be obligated to reimburse Company for any costs in an amount in excess of Ten Thousand Dollars ($10,000). The City’s obligation to provide City Assistance shall expire on June 30th30, 2022 if the City has not issued a permit set forth in Section 2 of this Agreement by that date. Company’s financial contribution to the project eligible for consideration of matching funds may include, but may not be limited to the following:

Appears in 1 contract

Samples: Active Storefronts Assistance Grant Agreement

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