City Participation. The City does not anticipate expending any of its own resources in the initial development of the Park Site.
City Participation. The City agrees to reimburse Developer in an amount equal to $337,901.92 as shown on Exhibit “B”, conditioned upon Developer constructing the Project pursuant to the design plans previously approved by the City.
City Participation. A. The CITY currently has a city council liaison sitting as an Advisory Member of the RIALTO Board. A council member from time to time selected by the CITY shall continue to serve in this capacity and shall be seated with other board members during public meetings and shall otherwise be permitted to participate in such public meetings as if a member of the board in all respects except voting.
City Participation. The City’s obligations under this Agreement shall not exceed Six Million Five Hundred Thirty-Seven Thousand Dollars ($6,537,000.00) for all obligations set forth herein, including all Incentives, construction obligations and values of properties conveyed to BTX, in excess of the price paid by BTX for the conveyance. City Participation includes funds contributed by the District and the BEDC. The District authorizes the expenditure of up to Three Million One Hundred Ninety-Six Thousand Five Hundred Dollars ($3,196,500.00). The BEDC authorizes the expenditure of up to Two Million Forty-Five Thousand Seven Hundred and Sixty Dollars ($2,045,760.00) The BEDC and the District authorize the City Manager to allocate such funds as permitted by law, and as necessary to meet the City obligations set forth in this Agreement.
City Participation. The City Manager, or his/her designated representative (hereinafter "City Manager"), and two other members appointed annually by the Mayor shall be voting members of the Board. All non-CITY prospective Board members shall be appointed by the Board, subject to veto of their appointment by the CITY's Mayor.
City Participation. The City agrees to pay up to $2,400,000, 75% of $3,200,000 P25 estimated radio upgrade cost.
City Participation. There shall be no right to any City participation in any of the costs of constructing the Required Improvements/Public Realm Improvements.
City Participation. The CITY shall pay to OWNER forty-nine percent (49%) of the total cost of the project or improvements described in Exhibit A, or the sum of Five Hundred Dollars ($500.00), whichever is less, towards the cost of the project or improvements. Said sum shall be paid to the OWNER by the CITY upon the presentation to the CITY and the approval by the CITY of proof that the project or improvements are being completed consistent with the description in Exhibit A and DIG-IT requirements, and paid for by the OWNER.
City Participation. The City’s obligation to make Grant Payments under this Agreement shall not exceed the sum of TWO MILLION DOLLARS ($2,000,000.00). The City authorizes the City Manager to allocate such funds as permitted by law and necessary to meet the City’s obligation to make Grant Payments as set forth in this Agreement.
City Participation. The City agrees to pay Trott Communications in the amount of $43,003.34 for its part of the Professional Services Agreement.
