Nexus Study definition

Nexus Study means a study, adopted by resolution of the city council, that analyzes the connection between projected residential development and the cost of addressing the need for affordable housing for lower income households created by the residential development.
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Nexus Study means the Nexus Study entitled, Residential Nexus Analysis dated October 2014, that is maintained for public review in the Department of Housing or any subsequent nexus study approved by the City Council.
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Nexus Study means that report issued by Economic and Planning Systems, Inc., dated February 3, 2017, entitled “Millbrae Station Area Specific Plan Development Impact Fee Study,” which allocates the costs estimated in the Feasibility Report for the implementation of improvements and allocates them to individual land uses within the MSASP area.
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Examples of Nexus Study in a sentence

  • Nevertheless, the Parties acknowledge and agree that WRCOG shall not be obligated to contribute TUMF Program Funds in excess of the maximum TUMF share identified in the TUMF Nexus Study (“Maximum TUMF Share”), as may be amended from time to time.

  • Developer further agrees that the dollar amount of the Credit shall be equal to the lesser of: (A) the bid amount set forth in the contract awarded to the lowest responsible bidder, or (B) the unit cost assumptions for the TUMF Improvement in effect at the time of the contract award, as such assumptions are identified and determined in the most recent TUMF Nexus Study and the TUMF Administrative Plan adopted by WRCOG (“Unit Cost Assumptions”).

  • The Funding Amount may, in WRCOG’s sole discretion, be augmented with additional TUMF Program Funds if the TUMF Nexus Study is amended to increase the maximum eligible TUMF share for the Project.

  • In no event shall the dollar amount of the Reimbursement exceed the difference between the dollar amount of all credit applied to offset the TUMF Obligation pursuant to Section 14.3, 14.4, and 14.5 of the Credit Agreement, and one hundred (100%) of the approved unit awarded, as such assumptions are identified and determined in the Nexus Study and the TUMF Administrative Plan adopted by WRCOG.

  • Project costs incurred in excess of the cost shown in the Nexus Study will not be credited or reimbursed.The City will determine the most efficient method of applying fee credits.


More Definitions of Nexus Study

Nexus Study means the SCTDF/TIF Program Nexus Study prepared by DKS and dated November 2019, as such document may be amended from time to time.
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Nexus Study means the City of Stockton Agricultural Mitigation Fee Nexus Study, prepared June 21, 2006, as may be amended from time to time.
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Nexus Study means the Commercial Nexus Study and Linkage Fee Analysis prepared by Rosenow Spevacek Group, Inc., dated July 2013.
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Nexus Study means the Parks and Recreation Development Impact Fee Nexus Study prepared by Economic & Planning Systems, Inc. dated August 2013.
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Nexus Study means the Transportation Impact Fee
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Nexus Study means the fee study entitled: “Nexus Analysis of Proposed Commercial Linkage Fees” prepared by Keyser Marston Associates, dated July 2020, and accepted by the City Council on September 1, 2020. The Nexus Analysis of Proposed Commercial Linkage Fees is maintained for public review in the Asset Management Division of the Department of Housing.
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Nexus Study means the Nexus Study adopted by Council on April 24, 2007, and on file with the Public Works Department.
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