CFCFA definition
Examples of CFCFA in a sentence
Payment of Public Funding for Public Improvement Costs actually incurred by Developer or its contractors for the Community Facility, less a retainage equal to five percent (5.00%) (the "Retainage"), shall be made, based on periodic Cost Certificates submitted to CFCFA or Bridge Park NCA and the percentage of completion of that Community Facility per the Schedule of Values, in each case for services actually performed by Developer and its contractors.
Developer shall, on or before the Closing Date for each Block, transfer long term leasehold or fee title to the Community Facilities Property located on that Block to CFCFA or Bridge Park NCA, as appropriate.
The Community Facilities will be owned by CFCFA, Bridge Park NCA or such other Ohio political subdivision the determination of which shall be reasonably approved by the City and must be built in accordance with City approved designs and City building standards, and pursuant to one or more guaranteed maximum price construction contracts between the CFCFA, Bridge Park NCA or Developer and qualified contractors.
If necessary to fund the Community Facilities located on the Block, CFCFA (or Bridge Park NCA) and OWDA shall have entered into the Cooperative Agreement for the OWDA Loan.
Funding for Roadway Improvements provided by City, CFCFA or Bridge Park NCA will be disbursed for costs actually incurred by Developer in designing and constructing the Roadway Improvements pursuant to the requirements of EXHIBIT D and the Roadway Improvements Agreement.
The City and the NCA will be third party beneficiaries of the Operation and Maintenance Agreement, and will have the right to enforce the obligations of the Developer, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇ and CFCFA thereunder.
Developer shall provide all environmental reports and property surveys as requested by City, and shall provide a title insurance policy in favor of CFCFA or Bridge Park NCA, each in form and substance acceptable to City.
The City will be a third party beneficiary of the Construction Agency Agreement and will have the right to enforce the obligations of the Developer and CFCFA or Bridge Park NCA thereunder.
The Developer and CFCFA and/or Bridge Park NCA shall have entered into the Operation and Maintenance Agreement for the Community Facilities located on the Block.
CFCFA or Bridge Park NCA and the Developer shall have entered into the Construction Agency Agreement.