1981-137 CRA - Laserfiche WebLink

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. . . . . . " (A) obligations of the Participating Party incurred for labor and materials (including reintlursements payable to the Participating Party and payments on c.ontracts 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 required 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 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 for, and constitute capital expenditures f.or, the Project .or with a proper election by the Participating Party or but for suchan election would constitute capital expenditures for the Project. (ii) all costs and expenses incurred by the Agency in connection with the determination as to the feasibility or practicability of undertaking the Project, and in connection with the administration and supervision of the Pr.oject including architect, engineering, survey and appraisal fees and costs; and - (i i i) all expenses incurred in connection with the closi ng of the Loans and the issuance of the Note, including without limitation 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 lA, Project 1B and Project 1C. "Project 1A" means the rehabilitation of the properties located at 110 West Fourth Street, which properties are owned by Carlos Ortiz. "Project 1B" means the rehabilitation of the properties located at 116 West Fourth Street, which properties are owned by T. Douglas McCullough and Donna McCullough. "Project 1C" means the rehabilitation of the properties located at 118 and 120 West Fourth Street, which properties are owned by Carl Wood, Mozelle Wood, Robert Hummell and Loraine Hummell. (q) Promissory Notes. "Promissory N.otes" means the notes executed by the respective Participating Parties evidencing and securing the repayment of the respective Loans 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 Note to the Bank. 4