Ord98 2137 - Laserfiche WebLink

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monitoring of compliance with the provisions of any documents executed in con~.ection with such financing, and in-lieu payments with respect to foregone property taxes with respect to any Project. "Bonds" means any bonds, notes, interim certificates, debentures or other obligations issued by the City pursuant to this Ordinance, which .are payable exclusively from Revenues and other funds permitted by this Ordinance, and which are "tax-exempt obligations" within the meaning of Section 103(b) of the Internal Revenue Code of 1986, or any six~ilar provision of said Code then in effect. ~' "City" means the City of Redwood City, C'~!ifomia, a chartered dry in the State existing under and exercising powers pursuant to the City Charter and the constitution of the State. "City Charter" means the charter of the City, as emended from time to time. "City Council" means the City Council of the City. "Costs" means, with reference to a Project, any or all of the following costs incurred for the Acquisition thereof:. 1. obligations of the Participating Party incu.tr, ed for labor and materials in connection with the Acquisition of the Project; 2. the cost of Acquisition of any. property, whether real or personal and improved or unimproved, induding franchise rights and other intangible property, and any interests therein, required for the Acquisition of the Project; 3. the cost of demolishing, removing or relocating any building or structure, and the cost of making relocation assistance payments required by law; 4. the cost of contract bonds and of insurance of all kinds that may be required or necessary during the course of the Acquisition of the Project; 5. all costs of engineering, legal and consultant services, including the costs of the Participating Party for surveys, estimates, plans and specifications, and p, reliminar~, investigation therefor, and for supervising construction, as well as rot the permrmance or all other duties required by or consequent upon the proper Acquisition of the Project; 6. all costs incurred in connection with proceedings by the Pardi. 'cipating Party necessary to comply with the California Environmental Quality Act of 1970, as 7. all amounta required to fund any reserve funds for Bonds and any interest on Bonds becoming due and payable during a period not exceeding the period of Acquisilion of the Project and 12 months thereafter;, 8. all Administrative Expenses; 9. all costs which the Participating Party shall be required to pay, under the terms of any contract or contracts, for the Acquisition of the Project; 10. the refinancing of any existing indebtedness secured .by an. inter.est in.a~.y re~. property comprising any portion of the Project, so long as and to the extent that SUCh 2