Cost Sharing Models - Laserfiche WebLink

Home Browse Search

1.26 "Hazardous Substances" shall mean any pollutant, dangerous substance, toxic substance, asbestos, petroleum, petroleum product, hazardous waste, hazardous materials or hazardous substances as defined in or regulated by Chapter 466 of the Oregon Revised Statutes, the Resource Conservation Recovery Act, as amended, 42 USC Section 6901, et sea• ("RCRA"), the Comprehensive Environmental Response, Compensation and Liability Act, as amended, 42 USC Section 9601, et sep• ("CERCLA"), or any other Environmental Standards. 1.27 _ ~`Parties" shall mean, collectively, the County and the Transit District. Any of the "Parties may be referred to individually as a"pariy." 1.28 "Plans" means the plans and specifications for the Project Improvements marked and dated and produced by the Architect. 1.29 "Private Party" shall mean any private party who shall become a leasehold owner of a portion of the Project with the consent and approval of the Parties pursuant to the Ground Lease. 1.30 "Project" shall mean the Property and the Project Improvements thereon, including all appurtenant facilities contemplated herein to be constructed all as more particulazly described in the Plans. 1.31 "Project Costs" means: (i) costs of demolition of improvements on the Property existing as of January 1, 1997, disposing of the demolition debris and putting the Properey in the condition required for the General Contractor to commence work under the General Construction Contract; (ii) the costs of any environmental studies or environmental clean up or remediation necessary with respect to the Property (including but not limited to the containment and proper dispos'ition of any asbestos or other hazardous materials or substances encountered in the demolition process or any environmental remediation required therewith), but not including the County Assumerl Environmental Costs; (iii) to the extent approved by the Review Committee, the costs of designing the Project, including management, architectural, appraisal, engineering, and consulting fees; (iv) to the extent approved by the Review Committee and not included as part of the Demolition Contract or by the Guaranteed Construction Price pursuant to the General Construction Contract, the cost of contract bonds and insurance of all kinds that may be required or necessary during the course of construction of the Project Improvements; (v) all costs of engineering services, including test borings, surveys, estimates, plans and speci~cations and preliminary investigations, and to the extent approved by the Review Committee, the costs of performing all other duties required by or consequent upon the proper construction of the Project Improvements; (vi) to the extent approved by the Review Committee and not included as part of the costs covered by the Guazanteed Construction Price pursuant to the General Construction Contract, the costs of site preparation of the Property, if any, and the cost of permits; (vii) the cost of construction of Project Construction Price pursuant to the General Costs' shall not include any costs incurred by retained by that Party individually. Improvements included in the Guaranteed Construction Contract; provided that "Project a party for advisors, consultants or contractors ourthouse Square ~evelopment Agreement ~ge - 5