Public Financing Cooperation Clause Samples

Public Financing Cooperation. The City may cooperate with Developer in connection with financing a portion of the Public Facilities within the Firelight Community thru the creation of public improvement districts (PIDs) or special assessment areas (SAAs). The decision of whether or not to sponsor the creation of a PID or SAA for the benefit of the Firelight Community lies within the discretion of the City. Notwithstanding, the City’s sponsorship consent will not unreasonably be withheld.