UTILITY PAYMENTS definition

UTILITY PAYMENTS. The following utility payments will be included in the monthly rents: Water, sewer and trash collection. CITY OF DURHAM 2012 MEDIAN FAMILY INCOME CHART Effective March, 2012 FAMILY SIZE 1 2 3 4 5 6 7 8 25% 12,042 13,750 15,458 17,167 18,542 19,917 21,292 22,667 30% 14,450 16,500 18,550 20,600 22,250 23,900 25,550 27,200 40% 19,267 22,000 24,733 27,467 29,667 31,867 34,067 36,267 50% 24,050 27,500 30,950 34,350 37,100 39,850 42,600 45,350 60% 28,860 33,000 37,140 41,220 44,520 47,820 51,120 54,420 80% 38,500 44,000 49,500 54,950 59,350 63,750 68,150 72,550 100% 48,100 55,000 61,900 68,700 74,200 79,700 85,200 90,700 The total cost of the 132 unit multi-family development is estimated at $20,760,000 and will be funded as follows: Source Permanent Per Unit 1st Mortgage: US Bank $2,500,000 $18,939 2nd, 3rd & 4th Mortgage: City of Durham $4,450,000 $33,712 5th Mortgage: City of Durham $800,000 $6,061 6th Mortgage: NCHFA $1,509,479 $11,435 Tax Credit Equity: US Bank $11,500,000 $87,121
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UTILITY PAYMENTS. The following utility payments will be included in the monthly rents: Water, sewer and trash collection. Median Family Income-City/County Durham May, 2014 Family Size 25% 30% 40% 50% 60% 80% 100% 1 $11,500 $13,800 $18,400 $23,000 $27,600 $36,800 $46,000 2 $13,150 $15,800 $21,040 $26,300 $31,560 $42,050 $52,600 3 $14,800 $17,750 $23,680 $29,600 $35,520 $47,300 $59,200 4 $16,425 $19,700 $26,280 $32,850 $39,420 $52,550 $65,700 5 $18,300 $21,300 $29,280 $35,500 $42,600 $56,800 $73,200 6 $19,075 $22,900 $30,520 $38,150 $45,780 $61,000 $76,300 7 $20,375 $24,450 $32,600 $40,750 $48,900 $65,200 $81,500 8 $21,700 $26,050 $34,720 $43,400 $52,080 $69,400 $86,800 Based on U.S. Department of Housing and Urban Development Income Limits for Section 8 Programs and Median Family Income for City/County Durham, North Carolina for Fiscal Year 2014. Funds awarded under this Agreement will be provided to Vermilion on a reimbursement basis for the construction of a sixty unit townhome style residential development located at 0000 Xxxx Xxxx, Durham, NC.
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UTILITY PAYMENTS. The following utility payments will be included in the monthly rents: Electric, Water, Sewer and Garbage Collection.
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Examples of UTILITY PAYMENTS in a sentence

  • UTILITY PAYMENTS – Actual utility payments or a Utility Allowance paid by a tenant of an Affordable Unit, excluding telephone.

  • TAX PRE-PAYMENTS AND UTILITY PAYMENTS ARE NOT REFUNDABLE ALL PROPERTY TAXES MUST BE PAID PRIOR TO ENROLLING IN THE TAX PRE-PAYMENT PLAN Attach a void cheque, direct deposit form or counter cheque to this application.

  • Energy assistance payments provided through the Low-Income Energy Assistance Act of 1981 under Public Law 97-35, Section 2605(F) (LIEAP).) SEE CA B.33 OR OAR 461-145-0230, ON HOW TO TREAT UTILITY PAYMENTS RECEIVED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND THE RURAL HOUSING SERVICE.461-145-0170 27.

  • UTILITY PAYMENTS: The following utility payments will be included in the monthly rents: Water, sewer and trash collection.

  • UTILITY PAYMENTS Payments for the installation and/or use of public utility services are not subject to the bidding requirements of the Central Purchasing Act as authorized by 74 O.S. § 85.12.B.4. The provision for exempting utilities is that the service must be regulated by a state or federal regulatory commission, or by municipal ordinance.

  • CHOOSE ONE: PROPERTY TAXES HOA DUES UTILITY PAYMENTS MANAGEMENT FEES INSURANCE PREMIUMS REPAIRS OR IMPROVEMENTS NON-RECOURSE LOAN PAYMENTS OTHER: IMPORTANT: PLEASE READ THE FOLLOWING DISCLOSURES BEFORE YOU SIGN AND DATEAuthorization and AcknowledgmentWith respect to the customer authorization and acknowledgment, the term ‘Goldstar’ includes collectively Goldstar Trust Company, Happy State Bankand any affiliated company.

  • UTILITY PAYMENTS: The following utility payments will be included in the monthly rents for the four units subject to low HOME rents: Electric, Water, Sewer and Garbage Collection.

  • UTILITY PAYMENTS: The following utility payments will be included in the monthly rents for the four units subject to low HOME rents : Electric, Water, Sewer and Garbage Collection.

  • Other - Describe: FOR UTILITY PAYMENTS: Amount to resolve the crisis up to the maximum benefit offered $500 less the regular benefit asssistance.

  • For example: If an applicant applies for $16,000 of mortgage assistance and $2,000 of utility assistance, the HAFProgram will pay the $16,000 delinquency on the mortgage and the left over$1,000 will be applied to the utility arrears.● PAST DUE UTILITY PAYMENTS: Electricity, energy costs (fuel, oil & propane), water and sewer.


More Definitions of UTILITY PAYMENTS

UTILITY PAYMENTS means actual utility payments or a Utility Allowance paid by a tenant of an Affordable Unit.
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UTILITY PAYMENTS. 🗹 Furnace 🗹 Electricity 🗹 Gas 🗹 Water & Sewer * Furnace only applies to first floor tenants (Unit #1) as the second floor (Unit #2) is heated by baseboard electricity. The building utilities are held in the Owners name. The Owner shall divide the utilities equally among the number of currently occupied rooms and provide a summarized monthly bill.
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UTILITY PAYMENTS means the amounts payable in respect of the supply of electricity, water, or sewerage and other utilities;
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Related to UTILITY PAYMENTS

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant. Contextual Note: Unless the context clearly indicates otherwise, an above definition for a singular term shall also apply (where appropriate) to the plural form of such term and vice versa to the extent necessary for giving the proper meanings to the terms defined in this Article II and/or terms otherwise used in this Agreement.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Utility pole means a pole that provides:

  • Utility Costs means utility and home energy costs related to the occupancy of rental property (e.g. electricity, gas, water and sewer, trash removal, and energy costs (such as fuel oil)) that are separately-stated charges. Utility Costs do not include telecommunication services (e.g. telephone, cable, and internet services).

  • Utility line means any item of public or private property which is buried or placed below ground

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Casualty Retainage means an amount equal to ten percent (10%) of the costs actually incurred for work in place as part of the Restoration, as certified by the Casualty Consultant, until the Restoration has been completed. The Casualty Retainage shall in no event, and notwithstanding anything to the contrary set forth above in this Section 6.4(b), be less than the amount actually held back by Borrower from contractors, subcontractors and materialmen engaged in the Restoration. The Casualty Retainage shall not be released until the Casualty Consultant certifies to Lender that the Restoration has been completed in accordance with the provisions of this Section 6.4(b) and that all approvals necessary for the re-occupancy and use of the Property have been obtained from all appropriate governmental and quasi-governmental authorities, and Lender receives evidence satisfactory to Lender that the costs of the Restoration have been paid in full or will be paid in full out of the Casualty Retainage; provided, however, that Lender will release the portion of the Casualty Retainage being held with respect to any contractor, subcontractor or materialman engaged in the Restoration as of the date upon which the Casualty Consultant certifies to Lender that the contractor, subcontractor or materialman has satisfactorily completed all work and has supplied all materials in accordance with the provisions of the contractor’s, subcontractor’s or materialman’s contract, the contractor, subcontractor or materialman delivers the lien waivers and evidence of payment in full of all sums due to the contractor, subcontractor or materialman as may be reasonably requested by Lender or by the title company issuing the Title Insurance Policy, and Lender receives an endorsement to the Title Insurance Policy insuring the continued priority of the lien of the Mortgage and evidence of payment of any premium payable for such endorsement. If required by Lender, the release of any such portion of the Casualty Retainage shall be approved by the surety company, if any, which has issued a payment or performance bond with respect to the contractor, subcontractor or materialman.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.