SLIF definition
Examples of SLIF in a sentence
The ADA improvements on the south side can be reimbursed from the SLIF CIP.
OWNER agrees to pay the applicable SLIF for its Project, including any changes that may occur as a result of changes or additions to the SL CIP and the SLIF.
Exhibit “E” includes the updated SLIF adopted by CITY consistent with state constitutional and statutory requirements.
OWNER accepts and supports the use of Spring Lake Infrastructure Bond proceeds for the upgrade of the SR 113 and Road 25A interchange OWNER understands and agrees that both the projects in the SL CIP and the cost of such projects are subject to change and that the set aside amount for the payment of SLIF fees also may, accordingly, change.
OWNER further accepts and supports that there may be changes to the SLIF and the per unit set aside amount for the payment of Spring Lake Infrastructure Fees due to the SR 113 and 25A interchange project.
Right of Way acquisition costs for off-site Spring Lake Infrastructure Fee (“SLIF”) covered improvements are eligible for SLIF reimbursement.
This project is considered multi- family for purpose of calculating Spring Lake Infrastructure Fees (SLIF) and single family for the purpose of calculating citywide Development Impact Fees, except as noted below.
If the OWNER does not provide the required number of units, then the OWNER shall pay a SLIF Shortfall fee as defined in the SLIF fee update.
Buyer shall record on its books the ownership of Buying Fund Shares by such SLIF shareholders.
This Project may be subject to reimbursement requirements for adjacent infrastructure improvements, outside of SLIF related fees, that were constructed through previous agreement with third party developers.