City Funds. Except as specified in the Funding Agreement, in no event shall the CITY’s General Fund, any of the CITY’s general or special funds, or any of the funds in the hands of the CITY or its accounts now and in the future be obligated as or claimed as a source of funding for reimbursement to LANDOWNER of the costs of Public Facilities or Backbone Infrastructure constructed by LANDOWNER. Nothing in this Agreement, except for the Funding Agreement Business Terms, shall be construed to obligate such funds held by the CITY.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement