Examples of PUD Project in a sentence
The approval of the Consolidated PUD Project will be valid for a period of two years from the effective date of the order granting the same.
After considering submission and testimony by the ANC, OP, DDOT, and the Applicant, as well as all persons and parties who testified and submitted information into the record, the Commission finds that the proposed use of C Street will be an asset to the PUD Project.
Shall make its commercially reasonable efforts to complete construction and equipping of the PUD Project, in accordance with the Site Plan for the PUD approved by the City, no later than December 31, 2036 (“Completion Date”), which may be extended due to force majeure or other administrative reasons approved by the City.
Each annual reimbursement payment shall be equal to (and shall not exceed) sixty one hundred percent (60100%) of the total of the annual real property taxes actually received by the City attributable to the incremental increase in the assessed value of the Property (“Incremental Increased Value”) over the value of the Property on the City’s Land Book for the Tax Year 2022, which is $1,198,000(2021 in which the land disturbing permit for the PUD Project is issued by the City ($1,041,700) (the “Base Value”).
Approval of the illumination plan as part of the Detailed PUD Project Plan approval and the approval of any alternative illumination plan by the City Engineer shall be deemed evidence of Developer’s compliance with the design standards of this Section II(M).
At the request of the City, the Developer shall request that its contractor for the PUD provide a bid to the City for the construction of the Sidewalk Improvements, to assist the City’s efforts to achieve any efficiencies that may be possible if the Sidewalk Improvement can be worked on contemporaneously with the contractor’s construction of sidewalks within the PUD Project.
Shall comply with all applicable federal, state and local laws and secure all plans, approvals, bonds and permits as may be necessary or appropriate for the construction and completion of the PUD Project and the occupancy thereof.
The Agreement terminates without any action needed by the City or the Developer if no funds have been drawn by the City under this Agreement upon the earlier of: December 31, 2034, or, the receipt by the City of the increased cumulative tax increment revenues of $4,833,333 ($2,900,000 / 60%), in excess of the Base Value, from the PUD Project commencing after the rezoning.
Developer plans to construct 170+/- residential dwelling units within the PUD Project, with an estimated completed value after home construction averaging $275,000, more or less.
This authorization may encompass all individual, community and public uses and activities located on Grant PUD Project lands.