Contract analysis
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Contract analysis / draft-proffer-statement.docx
draft-proffer-statement.docx
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1. Estimated GFA figures are based on preliminary building designs and are subject to adj
1. Estimated GFA figures are based on preliminary building designs and are subject to adjustment as described in Section 3.3 of the Proffer Statement. Actual proffer payments for each building will be calculated based on the actual GFA shown on the approved building permit application, at the rate of $5.00 per square foot of actual GFA.
2. In no event shall the aggregate Capital Facilities Contribution be less than $2,400,00
Standard
⚑ Commercial term
2. In no event shall the aggregate Capital Facilities Contribution be less than $2,400,000 if the total GFA of all buildings on the Property equals or exceeds 480,000 square feet.
3. All payments shall be made to the Loudoun County Treasurer by certified check, cashier
3. All payments shall be made to the Loudoun County Treasurer by certified check, cashier's check, or wire transfer, as described in Section 3.4 of the Proffer Statement. This Proffer Statement, together with Exhibits A, B, and C attached hereto, constitutes the complete proffer submission of Ironhaven Data Centers LLC, Blackthorn Realty Group, Inc., and Meridian Acres LLC in connection with Zoning Modification Appli