SFDU definition
Examples of SFDU in a sentence
If the Developer obtains Certificates of Compliance (defined in Section 2) from the District as development of the Property progresses, rather than prepaying for all SFDU to be constructed, the District shall determine the total Actual Assessable Space upon request by Developer for issuance of the last of the Certificates of Compliance for DU to be constructed on the Property.
The initial Fair Share School Impact Mitigation Payments payable hereunder to ▇▇▇▇ in calendar year , as determined by ▇▇▇▇ on a per DU basis as of January 1, , are per SFDU and per MFDU.
Therefore, the initial Fair Share School Impact Mitigation Payment amounts payable in calendar year have been reduced to per SFDU and per MFDU.
In the event the District is to reimburse the Developer pursuant to Subsection (b) of this Section, because the Actual Assessable Space averages less than 3,250 square feet per SFDU, then the per-square-foot amount adjusted pursuant to this Subsection shall be applied to the total shortfall in square feet on a proportionate basis.
Prior to issuance of a building permit for the first SFDU to be constructed on the Property, the Developer may prepay in full to the District the Mitigation Payment Amounts for all SFDU presently anticipated to be construed on the Property, calculated as an amount equal to 3,250 square feet per SFDU, multiplied by 93 SFDU, multiplied by $5.87 per square foot.
Therefore, the initial Fair Share School Impact Mitigation Payment amounts payable in calendar year 2006 have been reduced to twelve thousand, five hundred, fifty-seven dollars and sixty-eight cents ($12,557.68) per SFDU and five thousand, seven hundred, fifty-five dollars and fifty-three cents ($5,755.53) per MFDU.
Notwithstanding the foregoing, if the Actual Assessable Space is less than 3,250 square feet multiplied by the number of such SFDU, the District shall reimburse the to the Developer an amount equal to $5.87 multiplied by the total shortfall in square feet.
SFDU 16,693 MF 9,710 SFDU 1.02 50% MF 0.67 50% Residential PM Peak Hour Vehicle Trip Ends SFDU 8,513 MF 3,253 31% 50% 50% 7.92 0.61 4.27 2,890 3,947 3,617 Retail Industrial Office/Inst.
If the Developer obtains Certificates of Compliance from the District by prepaying for all SFDU to be constructed, the District shall determine the total Actual Assessable Space after issuance to Developer of the last of the building permits for DU to be constructed on the Property.