Agenda - 12-13-2005-9d - Laserfiche WebLink

Browse Search

l~ Exhibit A -Definitions Unless the context clearly requires otherwise, capitalized terms used in this Agreement and not otherwise defned shall have the following meanings: "Contract Property" means all property tansfen-ed to the County from the School Board pursuant to the teens of this Agreement. "County Board" means flee County's governing board as from time to time constituted. "Improvements" means all real property and fixtures related to the real estate of Contract Property. "Lease Term," for airy particular parcel of Contract Property, means the period of time during which such property is leased to the School Board in accordance with section 2, as deternuned pursuant to sections 2(a) (for the connnencement of the Lease Terris) and 2(b) (for the termination of the Lease Term). "Project," for any particular parcel of Contact Property, means the process of carrying out contemplated capital improvements on that property, as generally described in the r°esolution of the School Board calling for the conveyance of such property to the County, as described in section 1(b). "Project Cost" means all costs of a particular Prgjeet, including costs of the design, planning, constucting, acquiring, installing and. equipping of improvements to Contact Property, inchiding sums required to reimburse the County or the School Board for advances made for any such costs, 94432v1 tG}