Public Costs definition

Public Costs means the costs of land acquisition, public and site improvements, repayment of debt service on tax increment bonds, and other eligible costs as set forth in the Development Program and Tax Increment Financing Plan(s).

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Public Costs means actual Public Costs as defined in the Contract, not in excess of $1,424,300 related to the Minimum Improvements and which are approved by the City pursuant to the Contract.

Public Costs means actual Public Costs as defined in the Contract, not in excess of

Examples of Public Costs in a sentence

• Payments from such escrow account shall conform to the requirements of the Development Agreement for Disbursements of City Funds for Public Costs and in any event made in accordance with usual and reasonable disbursement requirements of the Leasehold Mortgagee.

• All City Funds authorized pursuant to this Agreement shall be expended solely for the purpose of making Disbursements to the Developer for the Verified Direct Costs for any portion of the Public Costs and certain Direct Costs for any Non-Public Costs as authorized by this Agreement and for no other purpose.

• Each Disbursement Request - Public Costs shall be accompanied by a certification by the Design Professional of (a) updated budgets showing the amount of expenditures for the Infrastructure Improvements and Live! Component to date, (b) the percentage of completion of the Infrastructure Improvements and Live! Component and (c) estimates of the remaining costs to complete the Infrastructure Improvements and Live! Component.

• Railcars of the Railcar Types set forth on Exhibit A shall be referred to herein as a “Railcar” or “Railcars”.

• After Closing, Developer may not add any new uses to the Master Development Plan without the applicable Regulatory Approvals which would normally be required to obtain said approval related to the proposed modification, provided, however, any such modifications may also result in a reduction of the Public Costs.

More Definitions of Public Costs

Public Costs means the costs set forth in the Tax Increment Financing Plan, and any other costs eligible to be financed by Tax Increments under the TIF Act or the Municipal Development District Act.

Public Costs means the costs of land acquisition, public improvements and site improvements, repayment of debt service on tax increment bonds, and other eligible costs as set forth in the Redevelopment Plan and TIF Plan(s).

Public Costs means the costs set forth in the Tax Increment Financing Plan, and any other costs eligible to be financed by Tax Increments under the TIF Act, HRA Act, or EDA Act.

Public Costs means Project Costs incurred in connection with completing the Infrastructure Improvements and any portion of a Developer Improvement that is associated with an interest in land held or to be held by the City or an improvement completed for and owned by the City, including but not limited to the property subject to the Live! Lease.

Public Costs means the public redevelopment costs of the Redevelopment Project.

Public Costs means the costs eligible to be financed by tax increments under Minnesota Statutes, Section 469.176, Subdivision 4.

Public Costs means the costs of land acquisition, construction of affordable housing, public improvements and site improvements, and other eligible costs as set forth in the Redevelopment Plan and TIF Plan(s).