Impact Fee Clause Samples
An Impact Fee clause establishes a requirement for one party, typically a developer or property owner, to pay a fee to a governmental authority or municipality as a condition of project approval or development. This fee is usually assessed to offset the costs of public infrastructure improvements necessitated by the new development, such as roads, schools, or utilities. By specifying the obligation and calculation method for these payments, the clause ensures that the financial burden of increased public service demand is fairly distributed and helps prevent disputes over responsibility for infrastructure costs.
Impact Fee. Owner agrees to pay a non-refundable impact fee of $1 per square feet of heated space to Middle Island Property Association
Impact Fee. A charge or assessment imposed by the River Authority against new development in order to generate revenue for funding or recouping the costs of capital improvements or facility expansions necessitated by and attributable to such new development and does not include any fee or charge that is a Connection Fee.
Impact Fee. Any fee levied by appropriate governmental agencies, upon the issuance of a building permit or Certificate of Occupancy for new Development in order to fund School Facilities needed to serve such Development.
Impact Fee. In the event that the OPERATOR obtains one or more Final Licenses from the CCC and receives any and all necessary and required permits and licenses issuable by the CITY, which said permits and/or licenses allow the OPERATOR to locate, occupy, and operate one or more Adult Use Marijuana Establishments in the CITY, then the OPERATOR agrees to pay the CITY a Host Community Fee according to the following terms: ● The OPERATOR shall pay the CITY a percentage of gross revenue from all of the OPERATOR's operations in the CITY in accordance with the following schedule: o Three percent (3%) of gross revenue from all of the OPERATOR’s operations in the CITY during each full Calendar Year of operations for the term of this Agreement; ● Gross Revenue shall include the revenue from production, sales, operations, or services in the CITY pursuant to the License, to the maximum extent permitted under ▇.▇. ▇. 94G, § 3(d), regardless of whether those products contain, or facilitate the use, inhalation, or ingestion of, medical marijuana. ● The calculation of Gross Revenue shall not include: (i) revenue from operations covered under any other Host Community Agreement between the OPERATOR and the City of Holyoke, and (ii) transactions and transfers, within the City of Holyoke, between the Establishment and any other Adult Use Marijuana Establishment operated by the OPERATOR. ● The OPERATOR shall, within sixty (60) days from the close of the calendar year, submit a report to the CITY certifying the gross revenue for the preceding calendar year, in addition to any seed-to-sale tracking records required to be reported to the CCC under 935 CMR 500.105(8)(e) & .105(9)(c). The report shall specify the Host Community Fee as calculated under this section and shall be prepared by Certified Public Accountant in accordance with generally accepted accounting principles (“GAAP”). ● Annual payments shall be due and payable no later than ninety (90) days from the close of the calendar year. ● In addition to the above referenced report to the CITY certifying gross revenue, the OPERATOR shall provide the CITY with an annual report detailing the following information for the preceding Calendar Year: (i) the total number of the OPERATOR’s transactions in the CITY (provided same is not a privacy violation); (ii) descriptions of any incidents on-site at the Establishment operated within the CITY that required a public safety response; and (iii) other such information reasonably requested by the C...
Impact Fee. It is understood that there is currently on record with the City of Palm Bay projected water and sewer uses with regard to the demised premises. Lessor has previously paid to the City of Palm Bay an impact fee based upon such projected usage. Lessor has been advised by the City of Palm Bay that Lessee's proposed use will not require the additional payment of impact fees. However, should the actual usage of water and sewer by Lessee hereunder increase over and above the projected usage, and should the City of Palm Bay assess an additional impact fee against the Lessor as a result of such increased usage, Lessee shall be and become responsible for any increased impact fee. Such increase shall be due and payable as additional rent hereunder and shall be paid by Lessee to Lessor within twenty (20) days after submission of invoice for said amount.
Impact Fee. For certain events, the venue reserves the right to charge an Impact Fee. If this applies to your event, the Impact Fee is listed below. The Impact Fee is due 30 days prior to the event and is non-refundable.
Impact Fee. The Customer shall pay a fee to the Utilities to compensate for the cost of new individual services and to pay for facilities utilized.
(A) The Utility Board shall establish charges based on the cost to provide individual services to the consumer.
(1) Electric: 120/240V 200Amps or less $500, 320Amps: $600, 400Amps: $800, 3 phase by arrangement.
(2) Water: ¾ inch service $525, 1 inch service $575, anything larger will have to be by special arrangement.
(3) Sewer: Single family $750, Multi-family $500 for 1st unit, plus $350 for each additional unit, Mobile home lots $500 per lot, Industrial or commercial lots maximum $3,500 per acre, but not less than $750 per acre.
(4) Natural Gas: $500 Residential lot, Commercial applications are by special arraignment.
Impact Fee. Pursuant to Section 17.19.130 of the Fruita Municipal Code, a Transportation Impact Fee shall be paid for each building lot in this subdivision. The Transportation Impact Fee identified above will be deferred until the time of Planning Clearance for a Building Permit for each individual primary dwelling unit in this subdivision pursuant to subsection 17.19.025(C) of the Fruita Municipal Code. The impact fee required to be paid for each primary dwelling unit in this subdivision shall be based on the fees in effect at the time of approval of a Planning Clearance for a Building Permit for each individual primary dwelling unit. Such fee shall be paid before approval of a Planning Clearance for a Building Permit for each individual primary dwelling unit in this subdivision. The Developer acknowledges that the requirement(s) set forth above are roughly proportional to the impacts generated from development of the Property.
Impact Fee. The Authority shall adopt an impact fee in order to pay capital costs, including reimbursement to the City of the cost of the recycled water infrastructure installed to date known as Phase I, which provides recycled water to ▇▇▇▇▇▇ Park.
Impact Fee. (a) The parties anticipate that the City will incur additional costs arising out of the Retailer’s marijuana establishment at the Premises and that there will be impacts on municipal services, personnel, and facilities, including but not limited to: (i) additional responses to activity by the City’s Police Department, including public safety personnel overtime cost; (ii) added traffic and/or parking control, measures, and enforcement; (iii) use of City resources to promote substance abuse education and assistance programs; (iv) expenditure of City resources for communications with the Retailer on matters pertaining to the operation of the Retailer, including but not limited to security and alarm personnel; (v) public health and/or substance abuse prevention services; (vi) expenditure and/or devotion of additional City resources required for administrative, inspectional, planning, legal, and permitting services required for the permitting and licensing of the Retailer and the monitoring of compliance with all statutes, ordinances, conditions, regulations, codes, and laws; and (vii) additional expenses and impacts, both direct and indirect.
(b) The Retailer agrees to reimburse the City for costs reasonably related to the costs imposed upon the municipality by the Retailer’s operation documented pursuant to M.G.L.