Future Revisions. If the Clay County Comprehensive Plan or any other Clay County regulation is adopted or amended to replace any or all of any Future Park Impact Fee obligations with another form of exaction for the same general category or class of public facilities or infrastructure for which the Community Park Site donation was made in a manner which affects adversely the value or viability of the Credit, then such amendment shall serve as grounds for PCI to request the County to amend this Agreement in a manner which may maintain the value or viability of the then remaining Credit. The parties agree that the Future Park Impact Fee obligation to which the Credit may be applied shall be those in effect at the time the Future Park Impact Fee obligations for applicable New Construction would otherwise be due.
Appears in 2 contracts
Sources: Donation Agreement, Donation Agreement