Common use of Contract with City Clause in Contracts

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes and modifying development standards otherwise applicable to the Project such as increasing unit density, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which are of financial benefit to the Developer, Xxxxxxxxx has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 Affordable Units on the Project Property for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b) and Government Code Section 65915 et seq.

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes taxes, and the City is modifying development standards otherwise applicable to the Project such as increasing unit densityFloor Area Ratio and Building Height, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which are of constitute direct financial benefit contribution to the Developer, Xxxxxxxxx Developer has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 twenty (20) Affordable Units on the Project Property site for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b1954.52(b) and Government Code Section 65915 et seq.Chapter

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes and modifying development standards otherwise applicable to the Project such as increasing unit density, reducing parking standards, density and other property development standards. In exchange for such forms of assistance from the City, which are of financial benefit to the Developer, Xxxxxxxxx Developer has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 Affordable Units four (4) affordable units on the Project Property site for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b1954.52(b) and Government Code Section 65915 et seq.

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes taxes, and the City is modifying development standards otherwise applicable to the Project such as increasing unit densityFloor Area Ratio and Building Height, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which are of constitute direct financial benefit contribution to the Developer, Xxxxxxxxx Developer has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 fourteen (14) Affordable Units on the Project Property site for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b1954.52(b) and Government Code Section 65915 et seq.Chapter

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes and modifying development standards otherwise applicable to the Project such as increasing unit density, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which are of financial benefit to the Developer, Xxxxxxxxx Developer has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 16 Affordable Units on the Project Property for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b) and Government Code Section 65915 et seq.

Contract with City. Developer hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes taxes, and the City is modifying development standards otherwise applicable to the Project such as increasing unit densityFloor Area Ratio and Building Height, reducing parking standards, and other property development standards. In exchange for such forms of assistance from the City, which are of constitute direct financial benefit contribution to the Developer, Xxxxxxxxx Developer has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 nineteen (19) Affordable Units on the Project Property site for occupancy by income qualified households. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b1954.52(b) and Government Code Section 65915 et seq.Chapter

Contract with City. Developer Xxxxx hereby acknowledges that in issuing approving this Development Agreement for the Project, the City is waiving fees and taxes and modifying development standards otherwise applicable to the Project such as increasing unit densityFloor Area Ratio and Building Height, reducing parking standards, standards and other property development standards. In exchange for such forms of assistance from the City, which are of financial benefit to the DeveloperXxxxx, Xxxxxxxxx Xxxxx has entered into this contract with the City and agreed to the other conditions of the Development Agreement, including the requirement included in this Agreement to provide and maintain 38 Affordable Units 93 affordable units on the Project Property site for occupancy by income qualified households, subject to Sections 2.6.4 and 2.7.4 of this Agreement. The parties agree and acknowledge that this is a contract providing forms of assistance to the Developer within the meaning of Civil Code Section 1954.52 (b1954.52(b) and Government Code Section 65915 et seq.