Road Impact Fee Credits Sample Clauses

Road Impact Fee Credits. The County and the Owner agree that the Owner shall be entitled to receive road impact fee credits on a dollar for dollar basis in an amount up to, but not exceeding the amount of, the PS Payment in accordance with Section 163.3180, Florida Statutes, and as more particularly described in Exhibits “B” and “C” attached hereto. The County further agrees that such credits may be applied on a dollar for dollar basis against capacity reservation fees at such time as capacity reservation fees may be required to be paid by Owner in connection with the issuance of a Capacity Reservation Certificate as contemplated in Section 2 above. In no event shall Owner receive credits in excess of the PS Payment and in the event the PS Payment exceeds either the applicable road impact fees or capacity reservation fees, as the case may be, the Owner shall not be entitled to a refund for the amount of the PS Payment in excess of such road impact fees or capacity reservation fees.
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Road Impact Fee Credits a) Developer has prepared and submitted an estimated cost and value for the Infrastructure, attached hereto as Exhibit B (the “Cost of Infrastructure”)
Road Impact Fee Credits a) Developers have prepared and submitted an estimated cost and value for the acquisition of the Right-of-Way and construction of Hawks Creek Way, attached hereto as Exhibit F (the “Cost of Improvements”).
Road Impact Fee Credits. In consideration for the construction of Improvements the Developer shall receive RIF Credit in the amount equal to the costs and expenses strictly for construction of the Improvements as estimated in Exhibit C. The cost of creditable improvements shall not exceed $1,200,000 without additional approval by Westfield. Before any construction of the Improvement is initiated, Developer shall obtain Xxxxxxxxx’s written approval and acceptance of the design and costs of construction. Xxxxxxxxx’s approval and acceptance shall not be unreasonably withheld. To the extent that the structures to be constructed in the Development will be constructed or owned by the Developer, the obligation to pay road impact fees for construction within the Development shall be deferred until the credits of this agreement have been reached. To the extent that any of the structures to be constructed in the Development will be constructed or owned by someone other than the Developer, the road impact fees generated by the permitting of such structures will be collected by the City and distributed by the City to the Developer until the credits of this agreement have been reached. No road impact fee credits or payments shall be granted to the Developer beyond the total amount of road impact fees generated by the Development.
Road Impact Fee Credits a) Developer has prepared and solicited bid requests for the construction of the Infrastructure on the Approved Plans, as modified by the bid clarifications and modifications attached hereto as Exhibit B (the “Bid Modifications”). The cost to construct the Infrastructure will include the design costs, construction management costs, and subcontractor’s bid proposals (the “Cost of Infrastructure”). The City shall be provided the opportunity to review the two (2) lowest-priced bid proposals, and approve the selected bid proposal (the “Approved Bid”). The City’s review and approvals shall not be unreasonably held.

Related to Road Impact Fee Credits

  • Facility Fee The Company shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a facility fee, in Dollars, equal to the Applicable Rate for facility fees times the actual daily amount of the Aggregate Commitments (or, if the Aggregate Commitments have terminated, on the Outstanding Amount of all Committed Loans, Swing Line Loans and L/C Obligations), regardless of usage, subject to adjustment as provided in Section 2.18. The facility fee shall accrue at all times during the Availability Period (and thereafter so long as any Committed Loans, Swing Line Loans or L/C Obligations remain outstanding), including at any time during which one or more of the conditions in Article IV are not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period (and, if applicable, thereafter on demand). The facility fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate for facility fees during any quarter, the actual daily amount shall be computed and multiplied by the Applicable Rate for facility fees separately for each period during such quarter that such Applicable Rate for facility fees was in effect.

  • Impact Fees Impact Fees or modifications thereto which are lawfully adopted, and imposed by the City and which meet all requirements of the U. S. Constitution, Utah Constitution, law and applicable statutes, including but not limited to Utah Code Xxx. Section 11-36a-101 (2021) et seq.;

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  • Service Availability You understand that Service availability is at all times conditioned upon the corresponding operation and availability of the communication systems used in communicating your instructions and requests to the Credit Union. We will not be liable or have any responsibility of any kind for any loss or damage thereby incurred by you in the event of any failure or interruption of such communication systems or services resulting from the act or omission of any third party, or from any other cause not reasonably within the control of the Credit Union.

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