Verified Total Project Costs definition

Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred in connection with the Redevelopment Project, and any such costs incidental to the Redevelopment Project or the Work, including, but not limited to, all Acquisition Costs, Redevelopment Project Costs and Reimbursable Redevelopment Project Costs, as limited by the provisions of Section 4.3 hereof.
Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred by the Developer (and a tenant or purchaser of a site within the Redevelopment Area) in connection with, or incidental to, the Redevelopment Project and verified to the City’s satisfaction pursuant to Section 5.6; provided, however, that (a) the Developer shall not include developer fees, project management, construction management, property acquisition fees or consultant fees for any service performed by or fee charged by the Developer or a Related Party in the Verified Total Project Costs and (b) with respect to any other costs for any services provided by the Developer or any entity related to Developer, the amount of such costs shall not exceed an amount determined by the City as acceptable.
Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred by the Developer (and a tenant or purchaser of a site within the Redevelopment Area) in connection with, or incidental to, the Redevelopment Project and verified to the City’s satisfaction pursuant to Section 5.6; provided, however, that the Developer shall not include developer fees, project management, construction management, property acquisition fees or consultant fees for any service performed by or fee charged by the Developer or a Related Party in the Verified Total Project Costs unless such fees are at or below market rates (as reasonably determined by the City).

Examples of Verified Total Project Costs in a sentence

  • The Developer or applicable Sub-Developer shall not include developer fees, project management fees or consultant fees for any service typically performed by the Developer or Sub-Developer in the Verified Total Project Costs.

  • Developer shall not include developer fees, tax credit partner fees or consultant fees for any service typically performed by the Developer in the Verified Total Project Costs.

  • Prior to the issuance of the TIF Notes, the Developer shall furnish to the City a statement of Verified Total Project Costs, which shall be in substantially the same format as the budget set forth as Exhibit H, attached hereto and incorporated herein by reference.

  • They will be responsible for in-field grading and discarding of poor quality, rotting, and/or over- ripened produce.

  • In addition to the documents required to be provided to the City under Section 4.2 of this Agreement, upon final completion of the Redevelopment Project, Developer shall provide to the City itemized invoices, receipts, pay applications or other information evidencing the Verified Total Project Costs.


More Definitions of Verified Total Project Costs

Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred, and any such costs incidental to the Work, including but not limited to, all Acquisition Costs, Issuance Costs, Redevelopment Project Costs and Reimbursable Redevelopment Project Costs, as limited by other paragraphs in this Section 1.1.
Verified Total Project Costs means the sum total of all reasonable or necessary Costs Incurred by Developer and/or any Related Party in connection with the Development Project and/or the Work including, but not limited to, the aggregate site preparation, public improvements and construction costs associated with the Development Project (as more particularly described in items (a) and (b) on Exhibit B), the aggregate soft costs associated with the Development Project (as more particularly described in items (d) and (e) on Exhibit B), the aggregate financing costs associated with the Development Project (as more particularly
Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred by the Developer (and a tenant or purchaser of a site within the Redevelopment Area) in connection with, or incidental to, the Redevelopment Project and verified to the City’s satisfaction pursuant to Section 5.6; provided, however, that (a) the Developer shall not include
Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred, and any such costs incidental to anthe 4731 Delmar Project or the 4800 Delmar Project, as applicable Sub-Project, including, but not limited to, all Acquisition Costs, Redevelopment Project Costs and Reimbursable Redevelopment Project Costs in connection with the Sub-4731 Delmar Project or the 4800 Delmar Project, as limited by the provisions of Section 4.3.
Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred, and any such costs incidental to the Redevelopment Project or the Work, including, but not limited to, all Acquisition Costs, Issuance Costs, Redevelopment Project Costs and Reimbursable Redevelopment Project Costs, as limited by other paragraphs in this Section 1.1. “Work” means all work necessary to prepare the Redevelopment Area and to construct or cause the construction and completion of the Redevelopment Project described in the Redevelopment Plan and this Agreement, including but not limited to: (1) property acquisition; (2) site preparation and environmental remediation; (3) construction, reconstruction, renovation and/or rehabilitation of the building within the Redevelopment Area into residential units and commercial space; (4) construction, reconstruction, renovation and/or rehabilitation of the building’s exterior, (5) construction, reconstruction, renovation and/or rehabilitation of related infrastructure and/or public improvements, including without limitation surrounding roads, sidewalks, sewer, water, electrical, parking and other utilities; (6) professional services, including, but not limited to, architecture, engineering, surveying, financing, legal, planning and consulting; (7) and all other work described in the Redevelopment Proposal, Redevelopment Plan and this Agreement, or reasonably necessary to effectuate the intent of this Agreement.
Verified Total Project Costs means the sum total of all reasonable or necessary costs incurred, and any such costs incidental to the Redevelopment Project or the Work, including, but not limited to, all Acquisition Costs, Redevelopment Project
Verified Total Project Costs means the total of all documented, reasonable, necessary and direct costs incurred in performing the Work and completing the Project, as certified by the Redeveloper to the Authority, excluding, however, the Developer Fee or other amounts of a type neither approved by the Authority nor permitted under this Agreement, as limited by the provisions of Section 4.08 hereof.