Total Development Costs definition

Total Development Costs means the aggregate public and
Total Development Costs means the total costs incurred in acquiring and developing the Development as set forth in the proposed budget for the Development included in the Application. Total Development Costs will be certified by an independent certified public accountant's Certification of sources and uses of funds at times prescribed by OHFA.
Total Development Costs means the total costs incurred in acquiring and developing the Development as set forth in the proposed budget for the Development included in the Application and in an independent certified public accountant’s certification of sources and uses of funds submitted to OHFA.

Examples of Total Development Costs in a sentence

  • Percentage of the Corporation’s funds utilized compared to Total Development Costs.

  • Fees of the Applicant’s or Developer’s attorney(s) awarded in conjunction with litigation against the Corporation with respect to a Development shall also not be included in Total Development Costs.

  • Total Development Costs): $ (A negative number here represents a funding shortfall.) Each Attachment must be listed behind its own Tab.

  • Total Development Costs):$ $ (A negative number here represents a funding shortfall.) Each Attachment must be listed behind its own Tab.

  • Fees for services provided by architects, accountants, appraisers, engineers or Financial Advisors may be included as part of the Total Development Costs, except that those fees for a Financial Advisor that are in excess of $18,000 must be paid out of the Developer Fee.


More Definitions of Total Development Costs

Total Development Costs means the total of the Construction Costs and the Professional Fees to complete the Development as certified by the Authorized Person;
Total Development Costs with respect to the Project shall mean Total Development Costs as set forth in the Operating Agreement, and with respect to any Future Phase shall have an equivalent meaning. Total Development Costs does not include an allocation of Infrastructure Costs.
Total Development Costs means the aggregate public and private investment in a STAR bond district, including project costs and other direct and indirect costs related to the development of the STAR bond district.
Total Development Costs means the total of all costs associated with acquisition, construction (including construction contingency), and general development (such as architectural, engineering, legal, and financing fees, insurance, real estate taxes and loan interest) for the Development. Total Development Costs include (i) developer overhead and developer fees, and (ii) any capitalized reserves intended for operation of the Development and approved by the Subsidizing Agency as being specifically excluded from the calculation of fees and profits payable from capital sources for the initial development of the Development.
Total Development Costs means the sum total of all costs
Total Development Costs means all direct or indirect costs incurred in connection with the acquisition and development of the Property and construction of the Building with respect to a Qualified Project, including, without limitation, construction costs; architectural design, engineering design; legal and accounting fees; project management expenses; assessments; permits; utility and impact fees; soils investigations; environmental studies; appraisal fees; financing fees, interest and costs; travel; bond premiums and insurance; brokerage fees and all other costs that are typically incurred in construction or development.
Total Development Costs means the Developer’s costs of the Project as set forth in a sources and uses statement delivered to the EDA pursuant to Section 4.4(3)(j) hereof; and Unavoidable Delays means delays, outside the control of the party claiming their occurrence, which are the direct result of strikes, other labor troubles, unusually severe or prolonged bad weather, acts of God, acts of war or terrorism, fire or other casualty to the Project, litigation commenced by third parties which, by injunction or other similar judicial action or by the exercise of reasonable discretion, directly results in delays, or acts of any federal, state or local governmental unit (other than the City or the EDA) which directly result in delays, acts of the public enemy or acts of terrorism and discovery of unknown hazardous materials or other concealed site conditions or delays of contractors due to such discovery.