Contribution to Costs of Facilities and Services. Developer agrees to contribute to the costs of public facilities and services as required herein to mitigate impacts on the community of the development of the Property, and Town agrees to provide such public facilities and services as required herein to assure that Developer may proceed with and complete development of the Property in accordance with the terms of this Agreement. Town and Developer recognize and agree that, but for Developer's contributions to mitigate the impacts arising as a result of development entitlements granted pursuant to this Agreement, Town would not and could not approve the development of the Property as provided by this Agreement and that, but for Town's covenant to provide certain facilities and services for development of the Property, Developer would not and could not commit to provide the mitigation as provided by this Agreement. Town's vesting of the right to develop the Property, as provided herein, is in reliance upon and in consideration of Developer's agreement to make contributions towards the cost of public improvements and services as herein provided to mitigate the impacts of development of the Property as development occurs and as consistent with this Agreement.
Contribution to Costs of Facilities and Services. Developer agrees to provide for the costs of such public facilities and services as required herein to mitigate impacts on the County of the development of the Property, and County agrees to accept such public facilities and provide such services, according to the terms of this Agreement and the EIR, to allow Developer to proceed with and complete development of the Property in accordance with the terms of this Agreement. The Developer will provide as a part of such development a mix of housing meeting a range of housing needs for the County, public facilities such as open space, recreational amenities, and other services and amenities that will be of benefit to the future residents of the County. County and Developer recognize and agree that but for Developer's contributions to mitigate the impacts arising as a result of development entitlements granted pursuant to this Agreement, County would not and could not approve the development of the Property as provided by this Agreement and that, but for County’s covenants under this Agreement, Developer would not and could not commit to provide the mitigation as provided by this Agreement. County’s vesting of the right to develop the Property as provided herein is in reliance upon and in consideration of Developer's agreement to bear the cost of public improvements and services as herein provided to mitigate the impacts of development of the Property as such development occurs. Developer agrees to fund the costs of construction and establish the on-going financing mechanisms as provided in this Agreement to ensure that the public facilities and services as required herein are provided at no cost to County. To coordinate and implement the plan for financing the costs of providing such public facilities and services, and provide a guide for the County’s establishment of programs related to the costs of such facilities and services, the Developer has prepared and County has accepted the Financing Plan and has approved the Implementation Policies and Procedures Manual required by the Specific Plan (the “Implementation Policies and Procedures Manual”). Developer acknowledges that, to the extent public financing mechanisms may be utilized to pay for the costs of providing public facilities and services, the County’s priority is to utilize such mechanisms for the costs of providing services.
Contribution to Costs of Facilities and Services. Developer agrees to contribute to the costs of public facilities and services as required to mitigate the impacts of the development of the Property as provided in the Conditions of Approval. Developer recognizes and agrees that, but for Developer's contributions to mitigate the impacts arising as a result of development entitlements granted pursuant to this Agreement, the City would not and could not approve the development of the Property as provided by this Agreement. City's approval of development of the Property is in reliance upon and in consideration of Developer's agreement to make such contributions toward the cost of public improvements and public services as provided to mitigate the impacts of development of the Property all as provided under the Conditions of Approval.
Contribution to Costs of Facilities and Services. Developer agrees to make the quarterly payments set forth herein, which payments may be used by the City for any legal purpose. City and Developer recognize and agree that but for Developer’s payments City would not and could not approve use of the Property for the Project as provided by this Agreement. City’s approval of this Agreement is in reliance upon and in consideration of Developer’s agreement to make the payments required hereunder.
