EDC Property definition

EDC Property means the real property transferred pursuant to the Memorandum of Agreement for the No-Cost Economic Development Conveyance of former Fort Ord Lands, which was recorded on June 23, 2000 at Series No. 2000040124 in the Official Records of the Monterey County Recorder.
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EDC Property means the real property transferred pursuant to the Memorandum of Agreement for the No-Cost Economic Development Conveyance of former Fort Ord Lands, which was
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EDC Property means all that real property situated in the City of Oakland, California, within the former Oakland Army Base, which was conveyed in fee from the United States to OBRA by that certain “Quitclaim Deed for No-Cost Economic Development Conveyance Parcel, County of Alameda, California,” Deed No. DACA 05-9-03-567, recorded August 8, 2003, as document 2003466370 in the Official Records of Alameda County, as more particularly described in that deed.
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Examples of EDC Property in a sentence

  • The Generator shall allow the EDC access to the EDC's equipment and the EDC's facilities located on the Facility's premises (the "EDC Property").

  • To the extent that the Generator does not own all or part of the real property on which the EDC is required to locate EDC Property in order to serve the Facility, the Generator shall procure and provide to the EDC all necessary rights, including easements, for access to the EDC Property.

  • Finally, the EDC Property is also subject to the Regional Water Quality Control Board Order No. R2-2004-0086 dated November 5, 2004 (“RWQCB Order”).

  • To approve the FOSET and meet the terms of the Consent Agreement, the City established a separate account (the “Remediation Fund”), which was jointly established with the Port and set aside eleven million and four hundred thousand ($11,400,000) for the sole purpose of paying for remediation costs on the EDC Property.

  • Pursuant to the ESCA, City, through its predecessor in interest, OBRA, contractually assumed the Army’s remediation responsibilities (except in limited circumstances specifically identified in the ESCA) and agreed to remediate the EDC Property so that the Army could obtain its Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) covenant certifying completion of remediation, as required by federal law.

  • The EDC MOA required City to complete environmental services (including investigation, remediation and related document preparation activities) for the EDC Property as set forth in the Environmental Services Cooperative Agreement dated May 16, 2003 (“ESCA”).

  • Developer will commit to provide community benefits to the City as described in an EDC Property Improvements Program (the “EPIP”) that will be attached to, and incorporated within, the DDA.

  • The EPIP, among other things, identifies an EDC Property Improvements Fund (the “EPIP Fund”) of $20,000,000 to be made available by Developer to implement a range of improvements and programs benefitting the EDC Property to be selected by the City.

  • Because the City and Port each own portions of the EDC Property, the City and Port contractually allocated responsibility for cleanup of the EDC Property pursuant to the terms of that certain Amended and Restated Memorandum of Agreement dated February 27, 2008 (“City/Port ARMOA”), which agreement requires the City and Port to coordinate on (a) all remediation work plans and schedules under the Consent Agreement and RAP/RMP, and (b) payments to and from the Remediation Fund.

  • Pursuant to the ESCA, the City, through its predecessor in interest, OBRA, contractually assumed the Army’s remediation responsibilities (except in limited circumstances specifically identified in the ESCA) and agreed to remediate the EDC Property so that the Army could obtain its CERCLA covenant certifying completion of remediation, as required by federal law.