Agenda - Council - 12/12/2000 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I ARTICLE I DEFINITIONS Section 1.1. Definitions. 'All capitalized terms used and not otherwise defined herein shall have the following meanings unless a different meaning clearly appears from the context: Aareement means this Agreement, .as the same may be from time to time modified, amended or supplemented; Assessment A~reement means the agreement, substantially in the form of the agreement contained in Exhibit E attached hereto and hereby made a part of this Agreement, between the Developer and the City, entered into pursuant to Section 3.6 of this Agreement; Business Da,/means any day except a-Saturday, Sunday or a legal holiday or a day on which banking institutions in the City are authorized by law or executive order to close; City means the City of Ramsey, Minnesota; Compliance Certificate means the Compliance Certificate in substantially the form attached hereto as Exhibit D; County means Anoka County, Minnesota; Developer means ACCAP - Ramsey Townhomes L.P., its successors and assigns; Development District means the real property described in the Development Program; Development Proeram means the development program approved in connection with the Development District; Development ProperW means the real property l~gally described in Exhibit B attached to this Agreement; Event of Default means any of the events described in Section 4.1 hereof; Legal and Administrative Expenses means the fees and expenses incurred in connection with the adoption of the Tax Increment Financing Plan, the preparation Of this. Agreement, and the issuance of the Tax Increment Note; Note Payment Date means August 1, 2003, and each February 1 and August 1 of each year thereafter to and including February 1, 2020; provided, that if any such Note Payment Date should not be a Business Day, the Note Payment Date shall be the next succeeding Business Day; -177-