Common use of Recycled Water Infrastructure Program Improvements and Contribution Clause in Contracts

Recycled Water Infrastructure Program Improvements and Contribution. Developer shall: (a) Prior to certificate of occupancy for the Project, extend the existing Treated Urban Runoff distribution main in Colorado, pursuant to specifications provided by City, up to and not beyond the public right-of-way along the south side of Broadway (parallel to the northern boundary of the Project site) in order to service the project. After installation, Developer shall have no duty of maintenance or repairs; (b) Prior to issuance of a building permit for the Project, pay to the City the sum of nine hundred thousand dollars ($900,000.00) to be used for recycled water infrastructure programs. The City shall deposit such monies into a separate restricted account to be used exclusively for recycled water infrastructure programs; and (c) Prior to issuance of a building permit for the Project, pay to the City the sum of two hundred thousand dollars ($200,000.00) to be used for extending the Treated Urban Runoff distribution main across Broadway to Santa ▇▇▇▇▇▇ Boulevard.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement