201407626 - Laserfiche WebLink

Browse

201407626 eligible costs and expenses as set forth on Exhibit I, attached hereto and incorporated herein by this reference. "Enhanced Employment Act Project Costs" means only costs or expenses incurred by Redeveloper in the Enhanced Employment Act Area as set forth on Exhibit B for the purposes set forth in Section 18- 2142.04 (1) (a) or Section 18- 2103(12) (a) through (1), inclusive, of the Nebraska Revised Statutes, including providing for such costs by the exercise of the powers set forth in § 18- 2107(4) of the Act, all as identified on Exhibit I. Enhanced Employment Act Project Costs do not include costs or expenses incurred within that portion of the Redevelopment Project Area that is not a part of the Enhanced Employment Act Area. "Enhanced Employment Act Project Cost Certification" means a statement prepared and signed by an authorized representative of the Redeveloper verifying the Redeveloper has become legally obligated for the payment of Enhanced Employment Act Project Costs identified on Exhibit I. "Enhanced Employment Act Tax Revenues" shall mean the occupation tax revenues generated and collected under the occupation tax authorized by the Bond Resolution and the Occupation Tax Ordinance. "Issuance Costs" shall mean: (1) costs and expenses of the City, Authority, and the Redeveloper lawfully attributable to the City's benefit and for the public purpose to issue the indebtedness, pledges, bonds and notes described in this Agreement of the TIF Indebtedness and Enhanced Employment Act Indebtedness, including but not limited to, bond counsel fees, special city attorney fees, fiscal advisory fees, placement fees, legal opinions and advice, and business memorandums, analysis, and advice given to the City and Authority and incurred before or after the Agreement Date in order to fund the Enhanced Employment Act Project and the TIF Project; and (2) the costs the City incurs (on an annual or prorated year) to collect, process and administer the Enhanced Employment Act Proceeds and TIF Revenues, and related bond funds pursuant to the requirements of the Act, including labor costs, equipment, software, promulgated regulations, City and State of Nebraska Department of Revenue accounting, procedures, reports, audits, review and accountability and reporting measures. Issuance Costs shall not include the Redeveloper' s attorney fees or any expenses attributed to the funding of the Enhanced Employment Act Costs. "Liquidated Damages Amount' means the amounts to be repaid to Authority by Redeveloper pursuant to Section 7.02 of this Redevelopment Contract. "Lot" or "Lots" shall mean the separately platted and subdivided lots within the Redevelopment Project Area established pursuant to an approved and filed subdivision plat in accordance with the ordinances and regulations of the City. passe "Master Project" shall mean the TIF Project and Enhanced Employment Act Project. patiax Ordinance" shall 2� // the City of Grand Island Ordinance No.�� 2014 and approved W # oI , 2014, as amended, and related Northwest Commons — Grand Island Mall, 2228 N Webb Rd