Qualifying Improvements definition

Qualifying Improvements means those improvements for energy efficiency, renewable energy, or wind resistance described in the Supplemental Act authorized to be affixed and/or installed by the record owner of an affected property. The term does not include similar improvements underwritten or financed by local, state or federal programs including, but not limited to State Housing Initiatives Partnership or SHIP Program, which are not secured by a special or non-ad valorem assessment.
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Qualifying Improvements means any renovation or retrofitting of qualifying real property to reduce energy consumption or installation of a system for clean energy, as defined in section 16-245n, or customer-side distributed resources, as defined in section 16-1, permanently fixed to such qualifying real property to service qualifying real property, and, (A) improvements to address water conservation, (B) waste reduction, (C) health and safety issues, including, but not limited to, asbestos, mold and lead remediation, and (D) resiliency measures, including, but not limited to, flood-resistant construction and hurricane resistant construction;
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Qualifying Improvements means, collectively, (a) Core & Shell Improvements, and (b) all tenant improvement construction projects for premises in which a single tenant leases 100,000 rentable square feet or more of space.
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Examples of Qualifying Improvements in a sentence

  • The form of Financing Agreement in each instance shall provide for the transfer of any carbon or similar mitigation credits derived from Qualifying Improvements to the Agency, with such revenues therefrom, if any ever materialize, to be used by the Agency to underwrite generally its operation, mission and purpose.

  • Those properties receiving financing for Qualifying Improvements shall be assessed by XXXX until such time as the financing for such Qualified Improvement is repaid in full, in accordance with Section 163.08, Florida Statutes, and other applicable law.

  • Therefore, the Parties acknowledge that there are no third party beneficiaries to this Agreement and that no third party shall be entitled to assert a right or claim against either of them based upon this Agreement; provided, however, that counsel to the Parties may rely on this Agreement for purposes of providing any legal opinions required by the issuance of debt to finance the Qualifying Improvements.

  • A private lender may provide financing to a Property Owner to finance Qualifying Improvements, which loan will be non-accelerating and will survive a change of ownership, whether voluntary or involuntary.

  • As consideration for this Lease Agreement, Owner expressly acknowledges and agrees that it shall use not less than twenty percent (20%) of gross revenues from each event hosted at or about the Ambassador House during 2013, to pay for Qualifying Improvements.

  • During the term of this Agreement, XXXX xxx xxxx voluntary non-ad valorem special assessments on participating properties within the legal boundaries of the CITY to help secure the financing of costs of Qualifying Improvements constructed or acquired on such properties based on the finding of special benefit by the CITY incorporated into Section 3 hereof.

  • The Developer shall submit to the City Engineer any and all documentation the Developer deems relevant in substantiating the claim for DIF Credit for the DIF Qualifying Improvements to be constructed by the Developer.

  • To the extent permitted by law, in the event that the Financing Agreement or any other PACE agreement with the property owner provides for the transfer of any carbon or similar mitigation credits derived from Qualifying Improvements to XXXX, any such carbon or similar mitigation credits derived from properties within the legal boundaries of the TOWN, shall be shared in equal parts between XXXX and the TOWN.

  • The purpose of this Agreement is to facilitate the financing of Qualifying Improvements through a PACE program, in accordance with Section 163.08, Florida Statutes, and provide an efficient process for real property owners within the legal boundaries of the CITY to access the PACE program and permit XXXX to administer the PACE program within such legal boundaries.

  • The purpose of this Agreement is to facilitate the financing of Qualifying Improvements through a C-PACE program with multiple, vetted C-PACE Administrators, in accordance with Section 163.08, Florida Statutes, and provide an efficient process for real property owners within the legal boundaries of the Village to access the C-PACE program and permit XXXX to administer and oversee the FDFC C- PACE program within such legal boundaries.


More Definitions of Qualifying Improvements

Qualifying Improvements means the improvements to real property made by Company which constitute the basis of Company qualifying for grants or refunds pursuant to this Ordinance. No more than fifty percent (50%) of expenditures considered a qualifying improvement may be payments to persons or companies affiliated with or a subsidiary of applicant Company; expenditures made to such affiliated persons or subsidiary companies must be reasonable.
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Qualifying Improvements means the improvements to real property made by Company which constitute the basis of Company qualifying for grants pursuant to this Ordinance. For purposes of calculating the Real Property Grant such improvements shall be funds expended by Company externally for labor or materials to construct, demolish, renovate or add to real property. No more than fifty percent (50%) of expenditures considered a qualifying improvement may be payments to persons or companies affiliated with or a subsidiary of applicant Company; expenditures made to such affiliated persons or subsidiary companies must be reasonable.
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Qualifying Improvements means those improvements to real property provided for in section 163.08, Florida Statutes, including, but not limited to, energy conservation and efficiency, renewable energy and wind-resistance improvements. Sec. 42-441. Findings of Fact.(a) Section 163.08, Florida Statutes, authorizes local governments defined as a county, a municipality, a dependent special district as defined in s.189.012, or a separate legal entity created pursuant to s. 163.01(7) to establish and administer PACE Financing Agreements programs pursuant to which owners of real property may obtain funding for Qualifying Improvements.(b) Several PACE Local Governments have been created and the availability of the voluntary, non-exclusive PACE program offered by the separate PACE Local Governments is able to be utilized by Pinellas County by interlocal agreement without cost, assumption of liability by, or demand upon the credit of Pinellas County.(c) Section 163.08(3), Florida Statutes, authorizes a PACE Local Government to levy non-ad valorem assessments to fundqualifying improvements.(d) It is in the best interests of the citizens of Pinellas County to create a PACE Program through the adoption of an ordinance that sets uniform consumer protections that apply to all PACE Local Governments who implement and manage PACE Programs in Pinellas County excepting any municipality that has opted out of the Pinellas County PACE Program.(e) PACE Local Governments shall be authorized to implement the PACE Program through the execution of individual interlocal agreements.(f) The installation and operation of Qualifying Improvements not only benefits the affected properties for which the improvements are made, but also provides a public benefit by assisting in fulfilling the goals of the State’s and County’s energy and hurricane mitigation policies.(g) The voluntary participation in the PACE Program by property owners will provide an alternative financing option to finance and repay the costs to provide and install Qualifying Improvements to property located within Pinellas County.(h) It is within the best interests of the citizens of Pinellas County to have uniform consumer protection regulations that apply to all PACE Local Governments who implement and manage PACE Programs in Pinellas County excepting any municipality that has opted out of the Pinellas County PACE Program.Sec. 42-442. Short Title. This article shall be known as the “Property Assessed Clean Energy (PACE) Program”.Sec. 42-443. Purp...
Sample 1
Qualifying Improvements means those improvements for energy efficiency, renewable energy, or wind resistance described in the Supplemental Act authorized to be affixed and/or installed by the record owner of an affected property. The term does not include similar improvements underwritten or financed by local, state or federal programs including, but not limited to State Housing Initiatives Partnership or SHIP Program, which are not secured by a special or non‐ad valorem assessment.
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Related to Qualifying Improvements

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Minimum Improvements means the acquisition of land and construction of a 64-unit market rate residential apartment building and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Public Improvements means only the following improvements: housing facilities; garbage disposal plants; rubbish disposal plants; incinerators; transportation systems, including plants, works, instrumentalities, and properties used or useful in connection with those systems; sewage disposal systems, including sanitary sewers, combined sanitary and storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of sewage or industrial wastes; storm water systems, including storm sewers, plants, works, instrumentalities, and properties used or useful in connection with the collection, treatment, or disposal of storm water; water supply systems, including plants, works, instrumentalities, and properties used or useful in connection with obtaining a water supply, the treatment of water, or the distribution of water; utility systems for supplying light, heat, or power, including plants, works, instrumentalities, and properties used or useful in connection with those systems; approved cable television systems, approved cable communication systems, or telephone systems, including plants, works,

  • Project Improvements means site improvements and facilities that are:

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • Public improvement costs means the costs of:

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Public improvement means projects for construction, reconstruction or major renovation on real property by or for a public agency. “Public Works” shall mean roads, highways, buildings, structures and improvement of all types, the construction, reconstruction, major renovation or painting of which is carried on or contracted for by any public agency to serve the public interest by does not include the reconstruction or renovation of privately owned property which is leased by a public agency.

  • Licensee Improvements means Improvements created, conceived, or reduced to practice by or for Licensee.

  • Home improvement means the remodeling, altering,

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Maximum medical improvement means that no further material improvement would reasonably be expected from medical treatment or the passage of time;

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Joint Improvements means Improvements the inventors of which are jointly (a) employees of, or others obligated to assign inventions to, ImmunoGen or any Affiliate of ImmunoGen, and (b) employees of, or others obligated to assign inventions to, Lilly or any Affiliate of Lilly.

  • Major Alteration means change other than repair or replacement of building materials or equipment with materials and equipment of a similar type.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);