Laserfiche WebLink
<br />. <br />. <br /> <br />. <br />. <br /> <br />. <br /> <br />. <br /> <br />(A) obligations of the Participating Party incurred for <br />labor and materials (including reirrDursements payable to the Participating <br />Party and payments on contracts in the name of the Participating Party) in <br />connection with the rehabilitation of the Project; <br /> <br />(B) the cost of contract bonds and of insurance of all <br />kinds that may be required or necessary during the course .of the <br />rehabilitation of the Project; <br /> <br />(C) all costs of architectural and engineering <br />services, including the costs of surveys, estimates, plans and specifications <br />and preliminary investigations therefor, and f.or supervising construction, as <br />well as for the performance of all other duties required by or consequent up.on <br />the proper rehabilitation of the Project; or <br /> <br />(0) any other costs or expenses incurred on or after <br />the date upon which the Agency took official action with respect t.o the <br />Project, as determined by the Agency, which are properly chargeable to the <br />capital account for, and constitute capital expenditures for, the Project .or <br />with a proper election by the Participating Party or but for such an election <br />w.ou1d constitute capital expenditures for the Project. <br />(ii) all costs and expenses incurred by the Agency in <br />connection with the determination as to the feasibility or practicability of <br />undertaking the Project, and in connection with the administration and <br />supervision of the Project including architect, engineering, survey and <br />appraisal fees and costs; and <br /> <br />(iii) all expenses incurred in connection with the closing of <br />the Loans and the issuance of the N.ote, including with.out limitaticm loan <br />fees, legal and accounting expenses and fees, costs of title insurance, costs <br />.of printing, and recording and filing fees; <br /> <br />(p) Projects. "Pr.ojects" means Project 4A, Project 4B and Project <br />4C. "Project 4A" means the rehabilitati.on .of the pr.operties located at <br />301/305 West Fourth Street, which properties are awned by Elizabeth Phillips, <br />Louise Hutton and Audrey E. Phillips. "Project 4B" means the rehabilitation <br />of the properties located at 307/309 West Fourth Street, which properties are <br />owned by R.ona1d L. R.oe10fs and Judith M. Roelofs. "Project 4C" means the <br />rehabilitation of the properties located at 311/315 West Fourth Street, which <br />properties are owned by Velma Freeman. <br /> <br />(q) Promi ssory Notes. "Promi ssory Notes" means the notes executed <br />by the respective Participatlng Parties evidencing and securing the repayment <br />of the respective Loans pursuant to the respective Agreements. <br /> <br />(r) Purchase Agreement. "Purchase Agreement" means that certain <br />Purchase Agreement dated OecerrDer 15, 1981, pursuant to the terms of which the <br />Bank agrees t.o purchase the Note fr.om the Agency and the Agency agrees to se 11 <br />the Note to the Bank. <br /> <br />4 <br />