{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-members", "type": "clause", "offset": [0, 11]}, {"key": "acknowledge-and-agree", "type": "clause", "offset": [12, 33]}, {"key": "additional-charge", "type": "clause", "offset": [47, 64]}, {"key": "capital-account", "type": "clause", "offset": [100, 115]}, {"key": "to-the-borrower", "type": "clause", "offset": [190, 205]}, {"key": "contract-rights", "type": "definition", "offset": [243, 258]}, {"key": "subject-lands", "type": "clause", "offset": [273, 286]}, {"key": "purchase-agreements", "type": "definition", "offset": [294, 313]}, {"key": "not-limited", "type": "clause", "offset": [329, 340]}, {"key": "to-developer", "type": "clause", "offset": [341, 353]}, {"key": "rights-to-acquire", "type": "clause", "offset": [368, 385]}, {"key": "the-property", "type": "clause", "offset": [386, 398]}, {"key": "in-accordance-with", "type": "definition", "offset": [399, 417]}, {"key": "the-purchase-agreement", "type": "clause", "offset": [418, 440]}, {"key": "the-cost", "type": "clause", "offset": [456, 464]}, {"key": "sharing-agreement", "type": "clause", "offset": [465, 482]}, {"key": "land-contract", "type": "definition", "offset": [490, 503]}, {"key": "construction-plans", "type": "clause", "offset": [526, 544]}, {"key": "actual-cost", "type": "definition", "offset": [577, 588]}, {"key": "free-and-clear", "type": "clause", "offset": [590, 604]}, {"key": "intangible-rights", "type": "definition", "offset": [653, 670]}, {"key": "associated-with", "type": "definition", "offset": [671, 686]}, {"key": "other-items", "type": "definition", "offset": [711, 722]}, {"key": "development-of-the-project", "type": "clause", "offset": [742, 768]}, {"key": "developer-rights", "type": "definition", "offset": [789, 805]}], "snippet": "The Members acknowledge and agree that, for no additional charge or credit to the Catalyst Member\u2019s Capital Account, Catalyst Member caused (or will hereafter cause) Developer to contribute to the Borrower all of (a) Developer\u2019s ownership and contract rights in and to the subject lands and/or purchase agreements (including but not limited to Developer\u2019s Affiliate\u2019s rights to acquire the Property in accordance with the Purchase Agreement (as defined in the Cost-Sharing Agreement) (the \u201cLand Contract\u201d), (b) all design and construction plans for the Project (at Developer\u2019s actual cost, free and clear of all liabilities), (c) all other tangible and intangible rights associated with the Project and (d) all other items appurtenant to the development of the Project (collectively, the \u201cDeveloper Rights\u201d).", "size": 3, "samples": [{"hash": "lVkjGtreDVE", "uri": "/contracts/lVkjGtreDVE#developer-contribution", "label": "Operating Agreement (Bluerock Residential Growth REIT, Inc.)", "score": 27.1464750171, "published": true}], "hash": "78e2f8fb5686a17215c838b47643fbdf", "id": 1}, {"snippet_links": [{"key": "the-school-district", "type": "clause", "offset": [76, 95]}, {"key": "by-the-board", "type": "clause", "offset": [121, 133]}, {"key": "section-5", "type": "clause", "offset": [151, 160]}, {"key": "equal-to", "type": "definition", "offset": [200, 208]}, {"key": "fifty-percent", "type": "definition", "offset": [209, 222]}, {"key": "real-property-taxes", "type": "definition", "offset": [283, 302]}, {"key": "pursuant-to-the", "type": "clause", "offset": [328, 343]}, {"key": "tif-ordinance", "type": "definition", "offset": [344, 357]}, {"key": "first-year", "type": "definition", "offset": [365, 375]}, {"key": "the-value", "type": "clause", "offset": [381, 390]}, {"key": "the-improvements", "type": "clause", "offset": [394, 410]}, {"key": "tax-duplicate", "type": "definition", "offset": [445, 458]}, {"key": "payments-to-be", "type": "clause", "offset": [525, 539]}, {"key": "pursuant-to-section-2", "type": "clause", "offset": [568, 589]}, {"key": "tax-year", "type": "definition", "offset": [604, 612]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [768, 788]}, {"key": "construction-financing", "type": "definition", "offset": [792, 814]}, {"key": "phase-i-development", "type": "definition", "offset": [823, 842]}, {"key": "developer-shall", "type": "clause", "offset": [904, 919]}, {"key": "payments-for", "type": "clause", "offset": [1028, 1040]}, {"key": "days-prior", "type": "definition", "offset": [1172, 1182]}, {"key": "within-thirty", "type": "clause", "offset": [1377, 1390]}, {"key": "days-after", "type": "definition", "offset": [1396, 1406]}, {"key": "by-the-city", "type": "clause", "offset": [1438, 1449]}, {"key": "the-acquisition", "type": "clause", "offset": [1460, 1475]}, {"key": "provided-however", "type": "clause", "offset": [1510, 1526]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1533, 1550]}, {"key": "the-payment", "type": "clause", "offset": [1551, 1562]}, {"key": "balance-of-the", "type": "clause", "offset": [1611, 1625]}, {"key": "upon-closing", "type": "clause", "offset": [1696, 1708]}, {"key": "calculation-of", "type": "definition", "offset": [1773, 1787]}, {"key": "incorporated-herein-by-reference", "type": "clause", "offset": [1834, 1866]}, {"key": "full-value", "type": "definition", "offset": [1890, 1900]}, {"key": "phase-i-improvements", "type": "definition", "offset": [1908, 1928]}, {"key": "february-28", "type": "definition", "offset": [2182, 2193]}, {"key": "calendar-year", "type": "clause", "offset": [2201, 2214]}, {"key": "of-the-developer", "type": "clause", "offset": [2241, 2257]}, {"key": "amount-paid", "type": "clause", "offset": [2418, 2429]}, {"key": "to-the-developer", "type": "clause", "offset": [2489, 2505]}, {"key": "payments-due", "type": "clause", "offset": [2521, 2533]}, {"key": "pay-to", "type": "definition", "offset": [2865, 2871]}, {"key": "developer-covenants", "type": "clause", "offset": [3101, 3120]}, {"key": "the-development", "type": "clause", "offset": [3246, 3261]}, {"key": "costs-of", "type": "clause", "offset": [3311, 3319]}, {"key": "environmental-remediation", "type": "clause", "offset": [3335, 3360]}, {"key": "with-respect-to", "type": "clause", "offset": [3403, 3418]}, {"key": "future-phase", "type": "definition", "offset": [3444, 3456]}, {"key": "based-on", "type": "clause", "offset": [3540, 3548]}, {"key": "district-shall", "type": "clause", "offset": [3688, 3702]}, {"key": "calculate-the", "type": "clause", "offset": [3703, 3716]}, {"key": "related-to", "type": "clause", "offset": [3926, 3936]}, {"key": "developed-parcel", "type": "definition", "offset": [3952, 3968]}], "snippet": "The Developer agrees that it shall contribute the Developer Contribution to the School District to be used as determined by the Board. As used in this Section 5, the \u201cDeveloper Contribution\u201d shall be equal to fifty percent (50%) of the amount of the School District's portion of the real property taxes exempted for each parcel pursuant to the TIF Ordinance in the first year that the value of the Improvements as completed first appears on the tax duplicate for such Parcels (the \u201cFirst Year Exemption\u201d), net of TIF Revenue Payments to be paid to the School District pursuant to Section 2 for the first tax year for which such amounts would be payable (the \u201cFirst Year TIF Revenue Payments\u201d). Inasmuch as the First Year Exemption will not appear on the tax duplicate prior to the closing of construction financing for the Phase I Development (and First Year TIF Revenue Payments will not be known), the Developer shall provide an estimate of such First Year Exemption (the \u201cEstimated Exemption\u201d) and the First Year TIF Revenue Payments for the Phase I Parcels (collectively, the \u201cEstimated Developer Contribution\u201d) to the School District not later than five (5) business days prior to the closing of construction financing. The Estimated Developer Contribution shall be paid as follows:\n(a) Seven Hundred Fifty Thousand Dollars ($750,000) shall be paid to the School District within thirty (30) days after the passage of a TIF Ordinance by the City following the acquisition of the Adjacent Site by the City, provided however, that in no event shall the payment be due later than October 15, 2020; and\n(b) The balance of the Estimated Developer Contribution shall be paid to the School District upon closing of construction financing for the Phase I Development. A sample Calculation of Developer Contribution is attached hereto and incorporated herein by reference as Exhibit A. When the full value of the Phase I Improvements first appears on the tax duplicate for the Phase I Parcels, the Developer shall compute the exact amount of the First Year Exemption and the TIF Revenue Payments for the Phase I Parcels and provide that computation to the School District not later than February 28 of the calendar year in which the exact amount of the Developer Contribution is determined. If the Estimated Developer Contribution was greater than the exact amount of the Developer Contribution, the difference between the amount paid and the Estimated Developer Contribution shall be credited to the Developer against future payments due to the School District or, if no future payments are expected, refunded to the Developer not later than April 30 of the calendar year in which the exact amount of the Developer Contribution is determined. If the Estimated Developer Contribution was less than the exact amount of the Developer Contribution, the Developer agrees to pay to the School District an amount equal to the difference between the amount paid and the Developer Contribution not later than April 30 of the calendar year in which the exact amount of the Developer Contribution is determined. The Developer covenants and agrees that the Developer or its assignees will invest at least Seventy-Five Million Dollars ($75,000,000) in Phase I of the Development, including the value of the Phase I Parcels, the costs of demolition and environmental remediation, and improvements to the Phase I Parcels. With respect to subsequent exemptions of Future Phase Parcels, the Developer shall pay the Developer Contribution to the School District based on an Estimated Exemption not later than the closing of construction financing for each Future Phase Parcel, and the Developer and the School District shall calculate the Developer Contribution based on the exact amount of the First Year Exemption and the TIF Revenue Payments as provided in the preceding paragraph; provided, however that if the Estimated Developer Contribution related to the last-to-be-developed Parcel described in a Future Phase TIF Ordinance is greater than the First Year Exemption for that Parcel, the School District shall refund to the Developer the amount of overpayment not later than April 30 of the calendar year in which the exact amount of the First Year Exemption for that Parcel is determined.", "size": 2, "samples": [{"hash": "acwvJNibZPY", "uri": "/contracts/acwvJNibZPY#developer-contribution", "label": "Compensation Agreement", "score": 24.3086926762, "published": true}, {"hash": "3N82GDT1daP", "uri": "/contracts/3N82GDT1daP#developer-contribution", "label": "Compensation Agreement", "score": 24.2484599589, "published": true}], "hash": "4144eb90550077fee70b776d88391296", "id": 2}, {"snippet_links": [{"key": "without-limitation", "type": "clause", "offset": [0, 18]}, {"key": "additional-charge", "type": "clause", "offset": [31, 48]}, {"key": "capital-account", "type": "clause", "offset": [75, 90]}, {"key": "to-the-company", "type": "clause", "offset": [146, 160]}, {"key": "contract-rights", "type": "definition", "offset": [198, 213]}, {"key": "subject-lands", "type": "clause", "offset": [228, 241]}, {"key": "purchase-agreements", "type": "definition", "offset": [249, 268]}, {"key": "not-limited", "type": "clause", "offset": [284, 295]}, {"key": "to-developer", "type": "clause", "offset": [296, 308]}, {"key": "rights-to-acquire", "type": "clause", "offset": [323, 340]}, {"key": "the-property", "type": "clause", "offset": [341, 353]}, {"key": "in-accordance-with", "type": "definition", "offset": [354, 372]}, {"key": "purchase-and-sale-agreement", "type": "definition", "offset": [386, 413]}, {"key": "joint-venture", "type": "definition", "offset": [472, 485]}, {"key": "real-estate-group", "type": "definition", "offset": [501, 518]}, {"key": "limited-liability-company", "type": "definition", "offset": [537, 562]}, {"key": "land-contract", "type": "definition", "offset": [568, 581]}, {"key": "construction-plans", "type": "clause", "offset": [604, 622]}, {"key": "actual-cost", "type": "definition", "offset": [655, 666]}, {"key": "free-and-clear", "type": "clause", "offset": [668, 682]}, {"key": "intangible-rights", "type": "definition", "offset": [734, 751]}, {"key": "associated-with", "type": "definition", "offset": [752, 767]}, {"key": "other-items", "type": "definition", "offset": [792, 803]}, {"key": "development-of-the-project", "type": "clause", "offset": [823, 849]}, {"key": "developer-rights", "type": "definition", "offset": [870, 886]}], "snippet": "Without limitation, and for no additional charge or credit to Stonehenge\u2019s Capital Account, Stonehenge Member shall cause Developer to contribute to the Company all of (a) Developer\u2019s ownership and contract rights in and to the subject lands and/or purchase agreements (including but not limited to Developer\u2019s Affiliate\u2019s rights to acquire the Property in accordance with that certain Purchase and Sale Agreement dated May 16, 2012, between Horsepower, J.V., a Tennessee joint venture and Stonehenge Real Estate Group, LLC, a Tennessee limited liability company the \u201cLand Contract\u201d), (b) all design and construction plans for the Project (at Developer\u2019s actual cost, free and clear of all liabilities) and (c) all other tangible and intangible rights associated with the Project and (d) all other items appurtenant to the development of the Project (collectively, the \u201cDeveloper Rights\u201d).", "size": 2, "samples": [{"hash": "6THugRN64zw", "uri": "/contracts/6THugRN64zw#developer-contribution", "label": "Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 24.0444900753, "published": true}, {"hash": "5fAVlyrP0rx", "uri": "/contracts/5fAVlyrP0rx#developer-contribution", "label": "Operating Agreement (Bluerock Enhanced Multifamily Trust, Inc.)", "score": 23.8446269678, "published": true}], "hash": "35b65e6e1f692ceef5abaafda0cfe805", "id": 3}, {"snippet_links": [{"key": "without-limitation", "type": "clause", "offset": [0, 18]}, {"key": "additional-charge", "type": "clause", "offset": [31, 48]}, {"key": "capital-account", "type": "clause", "offset": [86, 101]}, {"key": "the-contribution-agreement", "type": "clause", "offset": [217, 243]}, {"key": "to-the-extent", "type": "clause", "offset": [248, 261]}, {"key": "to-the-borrower", "type": "clause", "offset": [296, 311]}, {"key": "contract-rights", "type": "definition", "offset": [343, 358]}, {"key": "subject-lands", "type": "clause", "offset": [373, 386]}, {"key": "purchase-agreements", "type": "definition", "offset": [394, 413]}, {"key": "construction-plans", "type": "clause", "offset": [452, 470]}, {"key": "free-and-clear", "type": "clause", "offset": [488, 502]}, {"key": "intangible-rights", "type": "definition", "offset": [547, 564]}, {"key": "associated-with", "type": "definition", "offset": [565, 580]}, {"key": "other-items", "type": "definition", "offset": [601, 612]}, {"key": "rights-appurtenant", "type": "clause", "offset": [617, 635]}, {"key": "development-of-the-project", "type": "clause", "offset": [643, 669]}, {"key": "developer-rights", "type": "definition", "offset": [690, 706]}, {"key": "owned-or-controlled", "type": "definition", "offset": [779, 798]}, {"key": "by-developer", "type": "clause", "offset": [799, 811]}, {"key": "the-developer", "type": "clause", "offset": [897, 910]}, {"key": "development-rights", "type": "definition", "offset": [975, 993]}, {"key": "relating-to-the-project", "type": "clause", "offset": [994, 1017]}, {"key": "section-1516", "type": "clause", "offset": [1114, 1127]}], "snippet": "Without limitation, and for no additional charge, or credit to the TriBridge Member\u2019s Capital Account, TriBridge Member shall cause its Affiliates (including Developer) to contribute, in the manner contemplated under the Contribution Agreement and to the extent applicable solely to the Project, to the Borrower all of their (a) ownership and contract rights in and to the subject lands and/or purchase agreements, (b) rights to any and all design and construction plans for the Project (free and clear of all liabilities), (c) other tangible and intangible rights associated with the Project and (d) other items and rights appurtenant to the development of the Project (collectively, the \u201cDeveloper Rights\u201d). TriBridge Member confirms that all such Developer Rights are in fact owned or controlled by Developer. Without limitation, the TriBridge Member shall cause any Affiliate (i.e. other than the Developer) who owns or who have rights to any approvals, permits or other development rights relating to the Project to contribute the same to the Borrower, for no additional charge, in the manner contemplated in Section 15.16 of the Contribution Agreement.", "size": 2, "samples": [{"hash": "kq28naX38CB", "uri": "/contracts/kq28naX38CB#developer-contribution", "label": "Operating Agreement", "score": 31.340862423, "published": true}, {"hash": "5yIbZemeTrT", "uri": "/contracts/5yIbZemeTrT#developer-contribution", "label": "Operating Agreement (Bluerock Residential Growth REIT, Inc.)", "score": 26.9767282683, "published": true}], "hash": "86eb0229c62ccdfa5721ff4ced178b08", "id": 4}, {"snippet_links": [{"key": "developer-shall", "type": "clause", "offset": [0, 15]}, {"key": "to-city", "type": "definition", "offset": [60, 67]}, {"key": "at-closing", "type": "clause", "offset": [68, 78]}, {"key": "sum-of", "type": "clause", "offset": [83, 89]}, {"key": "the-city-will", "type": "clause", "offset": [147, 160]}, {"key": "use-by-city", "type": "clause", "offset": [199, 210]}, {"key": "for-the-city", "type": "definition", "offset": [211, 223]}, {"key": "safety-net", "type": "definition", "offset": [233, 243]}, {"key": "other-project", "type": "definition", "offset": [259, 272]}, {"key": "affordable-housing-program", "type": "definition", "offset": [276, 302]}, {"key": "from-time-to-time", "type": "clause", "offset": [314, 331]}], "snippet": "Developer shall have deposited into escrow for disbursement to City at closing the sum of One Hundred Fifteen Thousand Dollars ($115,000.00) which the City will deposit in a fund to be available for use by City for the City\u2019s Senior Safety Net Program or any other project or affordable housing program determined from time to time at City\u2019s discretion.", "size": 2, "samples": [{"hash": "ic7ZBEniv75", "uri": "/contracts/ic7ZBEniv75#developer-contribution", "label": "Disposition and Development Agreement", "score": 31.3800978639, "published": true}, {"hash": "eyVHtYPlm9Q", "uri": "/contracts/eyVHtYPlm9Q#developer-contribution", "label": "Disposition and Development Agreement", "score": 31.3800978639, "published": true}], "hash": "16cdfe2a079e1917bad583a409b784f7", "id": 5}, {"snippet_links": [{"key": "within-thirty", "type": "clause", "offset": [0, 13]}, {"key": "execution-of-this-agreement", "type": "clause", "offset": [34, 61]}, {"key": "developer-shall", "type": "clause", "offset": [67, 82]}, {"key": "facility-fee-amount", "type": "definition", "offset": [130, 149]}, {"key": "by-the-city", "type": "clause", "offset": [163, 174]}, {"key": "road-improvements", "type": "clause", "offset": [183, 200]}, {"key": "project-location", "type": "clause", "offset": [235, 251]}, {"key": "to-the-city", "type": "definition", "offset": [299, 310]}, {"key": "irrevocable-letter-of-credit", "type": "definition", "offset": [314, 342]}, {"key": "of-the-developer", "type": "clause", "offset": [357, 373]}, {"key": "issued-by", "type": "definition", "offset": [395, 404]}, {"key": "a-bank", "type": "clause", "offset": [405, 411]}, {"key": "city-of", "type": "clause", "offset": [505, 512]}, {"key": "project-commencement", "type": "definition", "offset": [513, 533]}, {"key": "the-financial-institution", "type": "clause", "offset": [535, 560]}, {"key": "state-of-tennessee", "type": "clause", "offset": [586, 604]}, {"key": "based-on", "type": "clause", "offset": [784, 792]}, {"key": "number-of-units", "type": "definition", "offset": [797, 812]}, {"key": "impact-fee", "type": "definition", "offset": [819, 829]}, {"key": "the-fee", "type": "clause", "offset": [847, 854]}], "snippet": "Within thirty (30) days upon full execution of this Agreement, the Developer shall deposit with the City $281,448 (the \u201cDeveloper Facility Fee Amount\u201d) to be used by the City to make road improvements by installing a roundabout at the Project location. In the alternative, the Developer may deliver to the City an irrevocable letter of credit in the amount of the Developer Facility Fee Amount, issued by a bank or institution acceptable to the City (the \u201cLOC\u201d) within thirty (30) days of notice from the City of Project commencement. The financial institution must be chartered by the State of Tennessee with an office or branch authorized to accept a demand or \u201ccall\u201d on the securing document within fifty (5) miles of Spring Hill, TN. The amount of the Developer\u2019s contribution is based on the number of units x the Impact Fee amount per unit. The fee for Southaven II is calculated as follows: 108 units x $2,606/unit = $281,448", "size": 2, "samples": [{"hash": "1eVwA8uoZZp", "uri": "/contracts/1eVwA8uoZZp#developer-contribution", "label": "Joint Development and Reimbursement Agreement", "score": 31.2565065633, "published": true}], "hash": "64de4b624daebfc6abb5bf6db86ee7f7", "id": 6}, {"snippet_links": [{"key": "additional-charge", "type": "clause", "offset": [7, 24]}, {"key": "tcr-member", "type": "definition", "offset": [42, 52]}, {"key": "capital-account", "type": "clause", "offset": [55, 70]}, {"key": "to-the-company", "type": "clause", "offset": [143, 157]}, {"key": "contract-rights", "type": "definition", "offset": [183, 198]}, {"key": "related-to", "type": "clause", "offset": [266, 276]}, {"key": "not-limited", "type": "clause", "offset": [357, 368]}, {"key": "rights-to-acquire", "type": "clause", "offset": [372, 389]}, {"key": "in-accordance-with", "type": "definition", "offset": [403, 421]}, {"key": "existing-lease-agreements", "type": "clause", "offset": [434, 459]}, {"key": "acquisition-of-the-property", "type": "clause", "offset": [487, 514]}, {"key": "the-ground-lease", "type": "clause", "offset": [526, 542]}, {"key": "land-contract", "type": "definition", "offset": [559, 572]}, {"key": "construction-plans", "type": "clause", "offset": [596, 614]}, {"key": "the-project", "type": "clause", "offset": [619, 630]}, {"key": "actual-cost", "type": "definition", "offset": [647, 658]}, {"key": "free-and-clear", "type": "clause", "offset": [660, 674]}, {"key": "intangible-rights", "type": "definition", "offset": [725, 742]}, {"key": "associated-with", "type": "definition", "offset": [743, 758]}, {"key": "other-items", "type": "definition", "offset": [836, 847]}], "snippet": "For no additional charge or credit to the TCR Member\u2019s Capital Account, TCR Member shall convey or cause Developer or its Affiliates to convey to the Company all of (i) ownership and contract rights in and to the Property and/or lease agreements and related options related to the Property held by TCR Member or Developer or their Affiliates, including but not limited to rights to acquire the Property in accordance with the various existing lease agreements and options related to the acquisition of the Property, including the Ground Lease (together, the \u201cLand Contract\u201d), (ii) all design and construction plans for the Project (at Developer\u2019s actual cost, free and clear of all liabilities), (iii) all other tangible and intangible rights associated with the Project held by TCR Member or Developer or their Affiliates and (iv) all other items appurtenant to the Project held by TCR Member or Developer or their Affiliates.", "size": 2, "samples": [{"hash": "bwbwhH2Jg6T", "uri": "/contracts/bwbwhH2Jg6T#developer-contribution", "label": "Limited Liability Company Agreement (Bluerock Residential Growth REIT, Inc.)", "score": 26.1690622861, "published": true}], "hash": "6023afab2388c8d2f04a3870283e2d3b", "id": 7}, {"snippet_links": [{"key": "real-property", "type": "definition", "offset": [28, 41]}, {"key": "average-depth", "type": "definition", "offset": [50, 63]}, {"key": "construction-of", "type": "clause", "offset": [91, 106]}, {"key": "the-pond", "type": "clause", "offset": [127, 135]}, {"key": "to-the-city", "type": "definition", "offset": [165, 176]}, {"key": "trail-system", "type": "clause", "offset": [177, 189]}, {"key": "parking-lot", "type": "definition", "offset": [272, 283]}, {"key": "construction-management", "type": "definition", "offset": [326, 349]}, {"key": "electric-power", "type": "clause", "offset": [354, 368]}, {"key": "the-items", "type": "definition", "offset": [428, 437]}, {"key": "developer-shall", "type": "clause", "offset": [452, 467]}, {"key": "the-total", "type": "clause", "offset": [486, 495]}, {"key": "improvement-costs", "type": "definition", "offset": [514, 531]}, {"key": "individual-parties", "type": "definition", "offset": [599, 617]}, {"key": "approved-by-the-parties", "type": "definition", "offset": [650, 673]}, {"key": "project-plans", "type": "clause", "offset": [686, 699]}], "snippet": "1. Excavation of 3 acres of real property with an average depth of water at 8 feet.\n2. The construction of a loop trail around the pond (dirt) with paved connection to the City trail system.\n3. Developer to install no less than 50 trees of a minimum of 1 inch caliper.\n4. Parking lot with 10 car capacity.\n5. All Pond Project construction management.\n6. Electric power to the edge of the pond in one location.\n7. In addition to the items listed above, Developer shall contribute 60% of the total mutually approved improvement costs for the Pond Project, beyond those specifically contributed by the individual Parties and which will be described and approved by the Parties in the Pond Project plans.\n8. A sixty (60) foot right-of-way containing an asphalt road will be constructed north of the pond and will connect the Green Farm Subdivision to the subdivision immediately east thereof.", "size": 1, "samples": [{"hash": "6l60AeIRGc", "uri": "/contracts/6l60AeIRGc#developer-contribution", "label": "Master Development Agreement", "score": 31.3890096504, "published": true}], "hash": "dccd63ec63b57c5a76051a33e40334dc", "id": 8}, {"snippet_links": [{"key": "at-the-time", "type": "clause", "offset": [0, 11]}, {"key": "purchase-of", "type": "clause", "offset": [20, 31]}, {"key": "development-parcel", "type": "clause", "offset": [34, 52]}, {"key": "the-developer", "type": "clause", "offset": [78, 91]}, {"key": "assignee-purchaser", "type": "definition", "offset": [100, 118]}, {"key": "to-the-city", "type": "definition", "offset": [145, 156]}, {"key": "purchase-price-for", "type": "clause", "offset": [177, 195]}, {"key": "the-development", "type": "clause", "offset": [196, 211]}, {"key": "takedown-schedule", "type": "clause", "offset": [322, 339]}, {"key": "attached-hereto-as-exhibit", "type": "definition", "offset": [340, 366]}, {"key": "in-the-aggregate", "type": "definition", "offset": [508, 524]}, {"key": "beginning-on-the", "type": "clause", "offset": [591, 607]}, {"key": "one-year", "type": "clause", "offset": [621, 629]}, {"key": "from-the-effective-date", "type": "clause", "offset": [630, 653]}, {"key": "each-year", "type": "definition", "offset": [662, 671]}, {"key": "increase-date", "type": "definition", "offset": [721, 734]}, {"key": "the-contributions", "type": "clause", "offset": [785, 802]}, {"key": "increased-by", "type": "clause", "offset": [865, 877]}, {"key": "prior-year", "type": "definition", "offset": [882, 892]}, {"key": "in-connection", "type": "definition", "offset": [1182, 1195]}, {"key": "developer-contributions", "type": "clause", "offset": [1222, 1245]}, {"key": "payable-at", "type": "definition", "offset": [1375, 1385]}, {"key": "time-of-the", "type": "clause", "offset": [1390, 1401]}], "snippet": "At the time of each purchase of a Development Parcel from the City hereunder, the Developer (or its assignee purchaser, as applicable) shall pay to the City, in addition to the purchase price for the Development Parcel, an amount calculated as follows: the amount shown as corresponding to the Development Parcel upon the Takedown Schedule attached hereto as Exhibit C. Each such contribution is referred to as a \u201cDeveloper Contribution,\u201d and such contributions plus any Developer Contribution Increase are, in the aggregate, collectively referred to herein as the \u201cDeveloper Contribution.\u201d Beginning on the date that is one year from the Effective Date and for each year thereafter (each being a \u201cDeveloper Contribution Increase Date\u201d), the Developer Contribution less any portion of the contributions made as of each Developer Contribution Increase Date shall be increased by the prior year\u2019s average for the CPI-U, compounded annually, on each Developer Contribution Increase Date (collectively, the \u201cDeveloper Contribution Increase\u201d). At the last purchase of a Development Parcel from the City scheduled to take place hereunder, if the Developer Contribution which would be due in connection therewith, plus all other Developer Contributions paid previously, would not equal $3,000,000.00 plus the Developer Contribution Increase, then the Developer Contribution due and payable at the time of the last scheduled purchase shall be increased so that it, plus all other Developer Contributions paid previously, shall equal $3,000,000.00 plus the Developer Contribution", "size": 1, "samples": [{"hash": "fCktoPzP7vk", "uri": "/contracts/fCktoPzP7vk#developer-contribution", "label": "Development Agreement", "score": 21.7310061602, "published": true}], "hash": "ee0c17367be604853554edebc1dc436b", "id": 9}, {"snippet_links": [{"key": "construction-of-the", "type": "clause", "offset": [32, 51]}, {"key": "intersection-improvements", "type": "clause", "offset": [52, 77]}, {"key": "pursuant-to", "type": "definition", "offset": [78, 89]}, {"key": "construction-contracts", "type": "definition", "offset": [90, 112]}, {"key": "city-council", "type": "definition", "offset": [150, 162]}, {"key": "developer-shall", "type": "clause", "offset": [164, 179]}, {"key": "to-the-city", "type": "definition", "offset": [184, 195]}, {"key": "improvement-costs", "type": "definition", "offset": [227, 244]}, {"key": "in-no-event", "type": "clause", "offset": [250, 261]}, {"key": "maximum-amount", "type": "definition", "offset": [282, 296]}, {"key": "master-community", "type": "clause", "offset": [314, 330]}, {"key": "the-total", "type": "clause", "offset": [365, 374]}, {"key": "percentage-shares", "type": "definition", "offset": [415, 432]}, {"key": "permanent-certificate-of-occupancy", "type": "clause", "offset": [457, 491]}, {"key": "phase-of", "type": "clause", "offset": [509, 517]}, {"key": "phase-is", "type": "definition", "offset": [543, 551]}, {"key": "the-final", "type": "clause", "offset": [577, 586]}, {"key": "the-percentage", "type": "definition", "offset": [611, 625]}, {"key": "equal-to", "type": "definition", "offset": [626, 634]}, {"key": "number-of-units", "type": "definition", "offset": [639, 654]}, {"key": "divided-by", "type": "clause", "offset": [672, 682]}, {"key": "to-pay", "type": "clause", "offset": [957, 963]}, {"key": "system-development-charges", "type": "clause", "offset": [964, 990]}], "snippet": "Provided the City has commenced construction of the Intersection Improvements pursuant to construction contracts and a design finally approved by the City Council, Developer shall pay to the City up to 9.5% of the Intersection Improvement Costs, but in no event to exceed $40,000 (\u201cMaximum Amount\u201d) for the entire Master Community (\u201cTotal Developer Contribution\u201d). The Total Developer Contribution shall be paid in percentage shares, each upon receipt of a permanent Certificate of Occupancy (\u201cCofO\u201d) for any Phase of the Master Community (as Phase is defined and described in the Final PUD Permit), payable in the percentage equal to the number of units receiving a CofO divided by 120, but in no event to exceed 100% of the Total Developer Contribution. If the City has not then commenced construction of the Intersection Improvements as above provided, then Developer shall not be required to make any Total Developer Contribution, but shall be required to pay System Development Charges in full.", "size": 1, "samples": [{"hash": "4h6nTHmFtLO", "uri": "/contracts/4h6nTHmFtLO#developer-contribution", "label": "Intersection Construction, Contribution and Credit Agreement", "score": 30.7022464051, "published": true}], "hash": "f45faba04a62d75b5e4ae0f1f60f40df", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih9kZXZlbG9wZXItY29udHJpYnV0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [["rights-and-duties-of-managers", "Rights and Duties of Managers"], ["development-and-development-fee", "Development and Development Fee"], ["citys-obligation-to-complete-public-improvements", "City\u2019s Obligation to Complete Public Improvements"], ["financing-of-public-improvements", "Financing of Public Improvements"], ["open-space-area-6", "Open Space Area 6"]], "size": 22, "children": [["contribution", "Contribution"], ["additional-contribution", "Additional Contribution"], ["restrictive-covenant", "Restrictive Covenant"], ["certificate-of-compliance-deferral-of-payment-of-fees", "Certificate of Compliance/Deferral of Payment of Fees"], ["donation", "Donation"]], "title": "Developer Contribution", "id": "developer-contribution", "related": [["user-contributions", "User Contributions", "User Contributions"], ["member-contributions", "Member Contributions", "Member Contributions"], ["employer-contribution", "Employer Contribution", "Employer Contribution"], ["campaign-contributions", "Campaign Contributions", "Campaign Contributions"], ["the-contribution", "The Contribution", "The Contribution"]], "related_snippets": [], "updated": "2025-07-07T12:37:39+00:00"}, "json": true, "cursor": ""}}