Examples of Redeveloper in a sentence
After receipt of such notice, the professional(s) shall render a final bill to the City within thirty (30) days and shall send an informational copy simultaneously to the Redeveloper.
The Township’s customary tax payment enforcement proceedings will apply to the collection of any delinquent payment of the Annual Service Charge or Redeveloper Payments.
Within thirty (30) days of receipt of the final bill, the City shall pay all outstanding bills in accordance with this Agreement and render a written final accounting to the Redeveloper detailing the uses to which the escrow funds were applied.
The Parties understand and agree that the Township's ordinary discretion in this regard allows it to decide not to expend resources to collect de minimis outstanding amounts; provided that the Township will obtain the Trustee’s consent with respect to any such amounts in excess of $1,000 in the event the collection of the Annual Service Charge or Redeveloper Payments falls below ninety percent (90%) of the amount assessed and billed in any given quarter.
The Township shall pursue the collection of delinquent payments of Annual Service Charge or Redeveloper Payments with the same diligence it employs in the collection of the Township’s general ad valorem real estate taxes, including the commencement of an In Rem Tax Foreclosure.