Examples of City Improvements in a sentence
The City is authorized by the Redevelopment Law (hereinafter defined) and its Home Rule Charter to issue tax allocation bonds for the purpose of paying the costs and expenses of the City Improvements, the principal and interest of which is payable from certain tax revenues as set forth in the Redevelopment Law.
There shall be submitted to the Finance Director a disbursement request in a form acceptable to the Finance Director (the “Disbursement Request”), executed by the City’s Director of Urban Development and an authorized representative of the Redeveloper, (A) certifying that a portion of the City Improvements has been substantially completed and (B) certifying the actual costs incurred by the Redeveloper in the completion of such portion of the City Improvements.
The Trustee shall disburse moneys on deposit in the Project Fund from time to time to pay or as reimbursement for payment made for the costs of the City Improvements in each case within 5 Business Days after completion of the steps set forth in Section 3.2(b).
The Developer agrees to install and complete the following public infrastructure improvements, identified as Project No. , to the satisfaction of the City, on or before the (Date) , 20 ("Construction Completion Deadline"), at no cost to the City: ("Improvements").
In any Fiscal Year prior to the issuance of Bonds which the Annual Special Taxes collected from Developed Property, pursuant to Step 1 of Section F, exceeds the Minimum Annual Special Tax Requirement such amount shall be used to pay Actual Costs of City Improvements.