Deferred Project Infrastructure definition

Deferred Project Infrastructure means items of Project Infrastructure related to the Property consisting of (1) final, primarily behind the curb, right-of-way improvements, including, sidewalks, light fixtures, street furniture, landscaping, irrigation and drainage, and driveway cuts, and (2) utility laterals serving the Property, including storm, sewer, water, reclaimed water, dry utilities, and joint trench as necessary to provide operable electrical, gas, phone and cable, and utility boxes.
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Deferred Project Infrastructure means items of Project Infrastructure related to the applicable Developable Affordable Parcel consisting of (i) final, primarily behind the curb, right-of-way improvements, including, sidewalks, light fixtures, street furniture, landscaping, irrigation and drainage, and driveway cuts, and (ii) utility laterals serving the applicable Developable Affordable Parcel, including storm, sewer, water, reclaimed water, dry utilities, and joint trench as necessary to provide operable electrical, gas, phone and cable, and utility boxes.
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Examples of Deferred Project Infrastructure in a sentence

  • Landowner shall provide its estimate of such costs, based upon the Deferred Project Infrastructure to be completed and substantiated by qualified contractor bid(s) or estimates(s) specifying the quantity and cost to complete the Deferred Project Infrastructure.

  • Has or will have Project Infrastructure (other than the Deferred Project Infrastructure), access, and utility connections that are sufficient to support the proposed Affordable Housing Project at Commencement of Construction of the Affordable Housing Project.

  • If the County exercises its right of reverter and the Qualified Housing Developer has accepted a Deferred Infrastructure Liquidation Amount pursuant to Section 3.8 below and the Qualified Housing Developer has not installed the Deferred Project Infrastructure prior to the exercise of the right of reverter, the Qualified Housing Developer will be required to pay the Deferred Infrastructure Liquidation Amount to the County at time of transfer of Title on the Developable Affordable Parcel.

  • If the County, Qualified Housing Developer and the Landowner are not able to reach agreement on the Deferred Infrastructure Liquidation Amount within the time frame set forth above, then Landowner shall proceed to install the Deferred Project Infrastructure related to the applicable Affordable Housing Parcel.

  • The Parties agree that completion of the utility laterals and other components of Deferred Project Infrastructure on the Developable Affordable Parcels in advance of the design development or related construction of the Affordable Housing Project on a particular Affordable Housing Parcel may result in the need to move or replace all or part of said Deferred Project Infrastructure.

  • Upon receipt of the Deferred Infrastructure Liquidation Amount, the Qualified Housing Developer shall be responsible to construct the portion of the Deferred Project Infrastructure covered by the Deferred Infrastructure Liquidation Amount.

  • Landowner's obligation to Complete the Deferred Project Infrastructure will be secured by Adequate Security, and County shall cause the Qualified Housing Developer to provide Landowner with all access needed to Complete the Deferred Project Infrastructure on the Affordable Housing Parcels.

  • Housing Developer shall also have the right to request at any time after conveyance of an Affordable Housing Parcel for the Landowner to pay the Deferred Infrastructure Liquidation Amount in lieu of Landowner's obligation to provide the Deferred Project Infrastructure for such Affordable Housing Parcel.

  • The County, the Qualified Housing Developer, and the Landowner shall meet and confer in good faith during the 60-day period (or such longer period as may be agreed to by the County, the Qualified Housing Developer and the Landowner) to reach agreement on the Deferred Project Infrastructure Liquidation Amount.

  • The Qualified Housing Developer shall use such funds for the Deferred Project Infrastructure, and for no other purpose, as set forth in subsection 3.8.2 above.