City Contribution definition

City Contribution means legally available money of the City, in addition to proceeds of any Series of Bonds, necessary or advisable to accomplish the Refunding Plan, as determined by the Designated Representative.

City Contribution is defined in Section 9.3 (1)(b).

City Contribution is defined in Section 4.1.1 of this Agreement.

Examples of City Contribution in a sentence

• The terms and conditions of this Agreement during any Renewal Term shall be the same as the terms and conditions during the Initial Term, except that the City Contribution shall be as specified in Section 5 for each Renewal Term.

• After termination under this provision, neither party shall have any further obligation under this Agreement, except as follows: Hilshire Village shall return to the City any portion of the City Contribution that Hilshire Village has not (i) expended in accordance with Article 4 of this Agreement or (ii) encumbered to pay its obligations for the Project under a contract existing at the time of such termination.

• Upon completion of the Project, Hilshire Village shall provide the [designee of City] with an accounting report that itemizes the Project Costs funded by the City Contribution, defined below, if applicable.

• This Agreement is effective on the Countersignature Date., and, unless sooner terminated under this Agreement, expires upon Hilshire Village’s final remittance of any portion of the City Contribution that Hilshire Village has not (i) expended in accordance with Section 4.1 of this Agreement or (ii) encumbered to pay its obligations for the Project under a contract existing at the time of such termination.

• The City’s option to extend this Agreement for each Renewal Term shall be exercised by the appropriation by the City Council, in accordance with applicable law, of sufficient money (after taking into account any money legally available for such purpose) specifically designated for the payment of the City Contribution for the next succeeding Calendar Year as provided herein.

More Definitions of City Contribution

City Contribution means legally available money of the City from any source other than proceeds of sale of the Bonds that is allocated to carrying out the Refunding Plan.

City Contribution means the City Roadway Funding as defined in the TIF Agreement. “City Council” means the City Council of City.

City Contribution means an amount equal to the sum of (i) the cost of acquiring the Public Land not owned by the City prior to the Execution Date and any improvements thereon at the fair market value determined by appraisal, subject to SECTION 2.9 plus (ii) the relocation payments pertaining to the Public Land, up to but not to exceed Fifty Million Dollars ($50,000,000), payable at the election of the City in either cash or land in the Casino Area valued in accordance with the definition of Feehold Compensation.

City Contribution means the amount of at least Ten Million and No/100 Dollars ($10,000,000.00) contributed by the City for the Project.

City Contribution means the sum of not to exceed Twelve Million Five Hundred Thousand Dollars ($12,500,000) which the City shall fund for the City Improvement Expenditure.

City Contribution means the City will contribute Four Million Dollars ($4,000,000.00) in investment income. In addition to the City Contribution, the City will participate in the purchase of City-Furnished Materials as described in Section 2.2 herein, with the goal of producing One Million Dollars ($1,000,000) in sales tax savings.

City Contribution is defined in Section 1.