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COM 0660.000 2020-2022
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COM 0660.000 2020-2022
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Last modified
2/28/2022 10:32:09 AM
Creation date
2/28/2022 10:31:49 AM
Metadata
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Communications
Communications - Type
COM
Communications - Council Term
2020-2022
Communication
0660
Point
000
Author
Deanna S. Sako, Director of Finance
Communications - Referred To
COUNCIL
Document Relationships
AGE COUNCIL 2022-03-09 2020-2022
(Related To)
Path:
\Council Records\Agendas\2020-2022\Council
AGE COUNCIL 2022-03-23 2020-2022
(Related To)
Path:
\Council Records\Agendas\2020-2022\Council
BIL 136 Draft 01 2020-2022
(Related To)
Path:
\Council Records\Bills\2020-2022
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Refined Term: Refined In: <br /> Acquisition Price Section 2(b) <br /> Actual Costs Section 2(b) <br /> Bond Indenture Section 4(a) <br /> Bond Trustee Section 4(a) <br /> Complete Section 5(d) <br /> Construction Contract Section 3(a) <br /> Contract Price Section 2(b) <br /> Contractor Section 3(a) <br /> Developer Advances Section 4(c) <br /> District Property Section 6(i) <br /> Estimated Acquisition Price Section 2(b) <br /> Hazardous Material Section 6(i) <br /> Net Bond Proceeds Section 2(d) <br /> Notice to Proceed Section 3(b) <br /> Payment Request Section 2(b) <br /> Plans Section 3(b) <br /> Project Budget Section 2(b) <br /> Project Construction Fund Section 4(f) <br /> Project Construction Schedule Section 3(b) <br /> Project Contingency Section 2(b) <br /> Project Contingency Fund Section 4(c) <br /> Subcontractors Section 3(a) <br /> Subcontracts Section 3(a) <br /> Substantial Completion Date Section 3(b) <br /> Work Section 3(a) <br /> (iii) All other terms used, but not otherwise defined in this Agreement, shall have <br /> the meanings set forth in the Ordinance of Formation, including the Exhibits attached to such <br /> Ordinance, namely: Exhibit A - Description of Authorized Improvements.; Exhibit B — <br /> Description of Authorized Incidental Expenses; Exhibit C — Rate and Method of <br /> Apportionment of Special Tax; and Exhibit D—Descriptions of Parcels. <br /> Section 2. General Agreement Regarding Construction and Acquisition of <br /> Improvements. Subject to the further terms and conditions specified herein, the Developer and the <br /> County hereby agree as follows with respect to the construction and acquisition of the Improvements: <br /> (a) The Developer hereby agrees to construct the Improvements under DEM's <br /> supervision in accordance with the provisions hereof and to convey the Improvemerts to the County <br /> upon completion. Title to the Improvements shall be conveyed by an appropriate instrument of <br /> dedication to the County, subject to compliance with all applicable County requirements and <br /> procedures and the further provisions set forth herein. <br /> (b) The County hereby agrees to acquire and accept dedication of th-. Improvements <br /> upon completion, subject to compliance as aforesaid with all applicable County requirements and <br /> procedures and the further provisions set forth herein, and to pay to the Developer (or to the <br /> Developer's designated payee, in the case of payments to the Contractor or other third parties <br /> performing work on the Improvements), in one or more installments upon submission and approval <br /> of requests for payment (each, a "Payment Request") in accordance with Section 5 hereof, the <br /> 4 <br />
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