Common use of Limitation on Fees and Exactions Clause in Contracts

Limitation on Fees and Exactions. Owners shall pay those impact fees generally applicable to all properties located within the Town’s municipal boundaries that may be adopted by the Town after the Approval Date that are not specifically addressed in this Agreement. Each Owner shall pay or cause to be paid only the impact fees and satisfy the dedication requirements set forth in this Section and in the Development Guide Agreement as relates to that Owner’s portion of the FDP Properties. If, following the Approval Date, the Town adopts one or more regulations of general applicability that would have the effect of increasing any of the impact fees or dedication requirements specifically addressed in this Section, such increase shall not be applicable to the FDP Properties, any Owner or their respective successors and assigns while this Agreement is in effect.

Appears in 3 contracts

Samples: Annexation Agreement, Annexation Agreement, Annexation Agreement

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Limitation on Fees and Exactions. Owners shall pay those In addition to impact fees generally applicable to all properties located within the Town’s municipal boundaries that may be adopted by the Town after the Approval Date that are not specifically addressed in this Agreement and which differ from the impact fees described in this Agreement. Each , each Owner shall pay or cause to be paid only the impact fees and satisfy the dedication requirements set forth in this Section and in the Development Guide Agreement as relates to that Owner’s portion of the FDP Properties. If, following the Approval Date, the Town adopts one or more regulations of general applicability that would have the effect of increasing any of the impact fees or dedication requirements specifically addressed in this Section, such increase regulations shall not be applicable to the FDP Properties, any Owner or their respective successors and assigns while this Agreement is in effect.

Appears in 1 contract

Samples: Annexation Agreement

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