Footpath Works definition
Examples of Footpath Works in a sentence
The Developer indemnifies Council for all claims, costs, losses and expense Council may suffer arising from any breach of this warranty or any claim or action taken by any person in respect of any security interest (as defined in the PPSA) in the Footpath Works.
The Developer warrants that after Hand Over the Footpath Works are not subject to any security interest (as defined in the Personal Property Securities Act 2009 (Cth) (PPSA)) and any security interest noted in the Personal Property Securities Register has been discharged.
Additional DA Floor Space 400 square metres Attributed Value of Footpath Works $30,000 Attributed Value of the Car Park Lots $200,000 Attributed Value of the Car Park Lot x number of car park lots required for affordable housing component = $50,000 x 4 Example: Contribution Value $4,335,714 (BA + (0.5 x AFSV)) – (VFW + VCPL)) Agreed Market Value Rate $14,000 Special Conditions to the following effect must be included in the Contract for Sale.
Before commencing the Footpath Works, the Developer must give to the City copies of all approvals and consents for the Footpath Works, other than the Development Consent.
The Developer must, at its cost, obtain all relevant approvals and consents for the Footpath Works, whether from the City or from any other relevant Government Agency, including any necessary road opening permits.
The Developer must ensure that the Footpath Works reach Completion on or before the date or other milestone referred to in Column 3 in the table in clause 1 of Schedule 3 of this document in respect of the Footpath Works.
The City makes no representation or warranty as to the currency of the standards identified, or their application on the final design of the Footpath Works.
Until the expiry of the Defects Liability Period, the City may retain from the Guarantee an amount equal to 10% of the Attributed Value of the Footpath Works as security for the Developer’s performance of its obligations under this clause 10.
As at the date of this document, the nature and extent of the Footpath Works is set out in Annexure A to this document.
The Developer acknowledges that the scope of the Footpath Works will not change or reduce if the costs required to complete those works is greater than the amount estimated at the date of this document.