Examples of Cost of the Infrastructure in a sentence
The County proposes to provide the Infrastructure Credits to reimburse the Company for a portion of the Cost of the Infrastructure for the purpose of promoting economic development of the County.
The Company shall re-certify the cumulative amount of the Cost of the Infrastructure if, in any year in which an Infrastructure Improvement Credit is to be applied, the cumulative amount of the Infrastructure Improvement Credits will exceed the cumulative amount of the Cost of Infrastructure as previously certified.
Prior to the first year’s Infrastructure Improvement Credit to be credited against the Company’s FILOT Payments as provided in this Section 5.02(a), the Company shall certify the cumulative total amount of the Cost of the Infrastructure as of December 31 of the year to which such FILOT Payments relate.
The Company agrees to initially pay, or cause to be paid, all Cost of the Infrastructure as and when due.
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The Company agrees to complete the acquisition and construction of the Infrastructure pursuant to the plans and specifications approved by the Company whether or not the Infrastructure Credit is sufficient to reimburse all of the Cost of the Infrastructure, paid by, or caused to be paid by the Company.
For example, should the Company elect to apply the Infrastructure Improvement Credit against its 2015 fee in lieu of tax xxxx (which would be due and payable on or before January 15, 2016), the Company shall certify the cumulative total amount of the Cost of the Infrastructure as of December 31, 2014.
Prior to the first year’s Infrastructure Improvement Credit to be credited against the Company’s FILOT Payments as provided in this Section 5.02(a) and each year thereafter, the Company shall certify the cumulative total amount of the Cost of the Infrastructure as of December 31 of the year to which such FILOT Payments relate.
The above shall be filled in for projects included in the Project Experience Summary (Annxure-1B), each on a separate sheet.ANNEXURE-1DFINANCIAL INFORMATION SUMMARYParticulars DetailsBanking Details (Bank name and branch) Paid up Capital1 Net Worth1 Balance Sheet Totals1 Annual Turnover 2Past three yearsYearPKR Credit Worthiness/Credit LinesAvailable with Banks PKR Aggregate Capital Cost of the Infrastructure & Housing Projects undertaken overthe last 10 years by the FirmYearPKR Total Notes: 1.
The Company currently estimates that the total Cost of the Infrastructure is approximately $400,000.