Common use of Exactions Clause in Contracts

Exactions. In return for the provision of the facilities and services set forth in this section 14 of this Agreement and the same section of the 2005 Agreement and the Initial Agreement, the Town agrees that it will not seek further property or monetary exactions or impact fees related only to the facilities and services described in this section 14, subject to S.C. Code §§ 6-31-80 and 6-31-100 (Cum.Supp. 2004); provided, however, the Town is not the facilities and services provider, except in the event that it exercises its power of eminent domain over Kiawah Island Utility, Inc, in accordance with the statutes and constitution of South Carolina, .or purchases Kiawah Island Utility, Inc.

Exactions. In return for the provision of the facilities and services set forth in this section 14 of this Agreement and the same section of the 2005 Agreement and the Initial Agreement, the Town agrees that it will not seek further property or monetary exactions or impact fees related only to the facilities and services described in this section 14, subject to S.C. Code §§ 6-31-80 and 6-31-100 (Cum.Supp. 2004); provided, however, the Town is not the facilities and services provider, except in the event that it exercises its power of eminent domain over Kiawah Island Utility, Inc, in accordance with the statutes and constitution of South Carolina, .or or purchases Kiawah Island Utility, Inc.