1981-144 CRA - Laserfiche WebLink

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. . , . . (B) the cost of contract bonds and of insurance of all kinds that may be required or necessary during the course of the rehabilitation of the Project; (G) all costs of architectural and engineering services, including the costs of surveys, estimates, plans and specifications and preliminary investigations therefor, and for supervising construction, as well as for the performance .of all other duties required by or consequent upon the proper rehabilitation of the Project; or (D) any other costs or expenses incurred on or after the date upon which the Agency took official action with respect to the Project, as determined by the Agency, which are properly chargeable to the capital account f.or, and constitute capital expenditures for, the Project or with a proper election by the Participating Party or but f.or such an election would constitute capital expenditures for the Project. (ii) all costs and expenses incurred by the Agency in connection with the determination as t.o the feasibility or practicability of undertaking the Project, and. in connection with the administration and supervision of the Project including architect, engineering, survey and appraisal fees and costs; and (iii) all expenses incurred in connecti.on with the closing of the Loan and the issuance .of the N.ote, including without limitation loan fees, legal and accounting expenses and fees, costs of title insurance, costs of printing, and recording and filing fees; (p) Project. "Project" means the rehabilitation of the properties located at 217 North Main Street, which properties are owned by Raymond H. Klemp. (q) Promissory Note. "Promissory Note" means the notes executed by the Participating Party evidencing and securing the repayment of the Loan pursuant to the Agreement. (r) Purchase Agreement. "Purchase Agreement" means that certain Purchase Agreement dated December 15, 1981, pursuant to the terms of which the 8ank agrees to purchase the Note from the Agency and the Agency agrees to sell the Note to the Bank. (s) Revenues. "Revenues" means all rents, receipts, payments and other income and revenue received by the Agency or the Bank with respect to, or otherwise derived from, the Financing of the Project, including without 1 imitat i on a 11 Loan payments and prepayments thereof and other amount rece ived from the Participating Party pursuant to the Agreement and the Promissory Note, all amounts and properties derived from the enforcement of the Agency's rights and privileges under the Deed of Trust, assignments of lessor's interest in leases executed by the Participating Party and security agreements executed by the Participating Party, any guarantees of Promissory Note, all .4