1981-139 CRA - Laserfiche WebLink

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. . . . . . (A) obligations of the Participating Party incurred for lab.or and materials (including reimbursements payable to the Participating Party and payments on contracts in the name of the Participating Party) in connection with the rehabilitation of the Project; (B) the cost of contract b.onds and of insurance of all kinds that may be requi red or necessary during the course of the rehabilitation of the Project; (C) 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 up.on 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 for, and constitute capital expenditures for, the Project or with a proper election by the Participating Party or but for such an election would constitute capital expenditures for the Project. (i i) all costs and expenses incurred by the Agency in c.onnection with the determination as to the feasibility or practicability of undertaking the Project, and in c.onnection with the administration and supervisi.on of the Pr.oject including architect, engineering, survey- and appraisal fees and costs; and (iii) all expenses incurred in connection with the closing of the Loans and the issuance .of the Note, including without limitati.on loan fees, legal and accounting expenses and fees, costs of title insurance, costs of printing, and recording and filing fees; (p) Projects. "Projects" means Project 3A and Project 3B. "Project 3A" means the rehabilitation of the properties located at 225 Broadway, which properties are owned by the Old Pacific Building, Inc.. "Project 3B" means the rehabiliation of the properties located at 209/213 West Fourth Street, which properties are owned by Joseph G. Elias and Ruth Elias. (q) Promissory Notes. "Promissory Notes" means the notes executed by the respective Participating Parties evidencing and securing the repayment of the respective L.oans pursuant to the respective Agreements. (r) Purchase Agreement. "Purchase Agreement" means that certain Purchase Agreement dated December 15, 1981, pursuant to the terms of which the Bank agrees to purchase the Note from the Agency and the Agency agrees to sell the N.ote to the Bank. 4