The Proposed Project Sample Clauses

The Proposed Project. Describe the proposed project, including the following:
Sample 1Sample 2
AutoNDA by SimpleDocs
The Proposed Project. The community was sensitized on the components of the project, the legal requirement for public consultation and the policies guiding the project.
Sample 1
The Proposed Project. The Proposed Project is a mixed use development consisting of a three story residential building that slopes down to a two story building (with 3,000 sq. ft. of retail space) fronting Broadway on the Site. The Proposed Project site plan is on Attachment “C” hereto. The Project will contain 48 units (one and two bedrooms) which target senior citizens earning 30% AMI – 60% AMI. The Proposed Project will feature subterranean parking at the Site for residents and 12 on-grade parking spaces for the retail space. Additionally, it will have office space, a 1,400 sq. ft. community room, and landscaped courtyard at ground level. The Proposed Project will be located in one of the most economically distressed areas of the South Los Angeles Region near the epicenter of the 1992 civil disturbances. This area, the Broadway/Manchester Recovery Redevelopment Project Area, has been economically stagnant for the last 17 years since the disturbances. It is anticipated this Project will spur development and provide much-needed affordable housing in the Project Area. The Site previously housed the Broadway Hospital until its closure in 1988. Between 1992 and 1993, CRA/LA used Bunker Hill funds to acquire property adjoining the Site bounded by 94th Street to the north, Colden Avenue to the south, Spring Street to the east, and Broadway to the west. The total size of this purchased property is 4.2 acres. CRA/LA assisted with development of two affordable housing projects adjacent to the Site: Colden Oaks Family Housing (38 units) and Xxxxxx Xxx Xx Senior Housing Project (46 units). CRA/LA currently owns the remaining undeveloped 2.7 acre site. The Original Project In December 2004, CRA/LA issued a Request for Proposals (“RFP”) for residential development of the Site. In October 2005, the Board approved execution of an Exclusive Negotiation Agreement (“ENA”) with the winning respondent, culminating in Board approval of a DDA with the West Angeles South Broadway Estates, LLC (comprised of AMCAL and West Angeles CDC) in May 2007. This DDA provided for CRA/LA conveyance of the Site to West Angeles South Broadway Estates, LLC for $3.03 million for development of 50 single-family market-rate detached homes (“Original Project”). Subsequent to City Council approval of the DDA, West Angeles South Broadway Estates, LLC notified CRA/LA that the purchase price of $3.03 million rendered the Original Project infeasible due to rapidly declining housing values, and the lack of demand for homeow...
Sample 1

Related to The Proposed Project

  • Project 3.01. The Recipient declares its commitment to the objectives of the Project. To this end, the Recipient shall carry out the Project in accordance with the provisions of Article IV of the General Conditions.

  • Sub-projects 1. The Participating Bank shall make Sub-loans to Beneficiaries and appraise, review, approve, and supervise Sub-projects in accordance with the criteria, conditions and procedures set forth in the Operations Manual, including, inter alia, the following eligibility criteria:

  • Project Completion The Project and the Work are complete.

  • Scope of the Project Under this Agreement, the scope of the Project (the “Scope of the Project”) shall mean and include:

  • Project Work PURCHASER shall complete the following projects in accordance with the specifications provided in Exhibits B, C, D, E, and F and written instructions from STATE. Project locations are shown on Exhibit A unless otherwise described. PURCHASER shall furnish all material unless otherwise specified.

  • New Project Approval Consultant and District recognize that Consultant’s Services may include working on various projects for District. Consultant shall obtain the approval of District prior to the commencement of a new project.

  • The Project The Project is the total construction of which the Work performed under the Contract Documents may be the whole or a part.

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • Projects The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Objectives and the Compact Goal.

  • Research Project 3.1 These Materials and Data will be used by Recipient's PI solely in connection with the Research Project, as named and described in the attached research application (insert Research Project name below):

Time is Money Join Law Insider Premium to draft better contracts faster.