System Development Fees definition

System Development Fees means one-time charge paid by new development as a proportionate share of the "general benefit" to finance the construction of public facilities needed to serve the development.
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System Development Fees means the system development fees in the current amount of $14,071 per net developable acre of land within the District, subject to adjustment from time to time hereafter by the Board, as authorized and imposed pursuant to a resolution duly adopted by the Board on May 23, 2001, and as more fully described therein.
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Examples of System Development Fees in a sentence

  • Walmart shall pay Symbotic the Alpha System Development Fees set forth in Exhibit J (Pricing).

  • Memo No. ED14-014 April 22, 2014 Also, in accordance with City Code and as applied to all development projects within the Arterial Street Impact Fee area, a credit is applied against the Arterial Street fee portion of the current System Development Fees for any work completed on an Arterial Street within the Arterial Street Impact Fee Area.

  • The Developer/Owner acknowledges that the Subdivision shall be subject to the applicable System Development Fees in effect at the time new water and/or sanitary sewer service connections are made.

  • Along with each such remittance, Rangeview will send a written report stating the service address or other description of the licensed premises for which such fees were paid, the number of equivalent taps licensed for each premises, and the amount of the System Development Fees collected for each license.

  • The Town does not consent to the certification of the Settlement Class for any purpose other than to effectuate this Settlement Agreement and the resolution of claims relating to System Development Fees paid by the Settlement Class to the Town from July !, 2018 to July 11, 2022.

  • The Transfer Fees charged to Bastrop will increase each calendar year by the same percentage that Aqua increases its fees (water rates or System Development Fees) imposed on its customers/members.

  • District shall pay Provider on or before the 15th day of each month one hundred percent (100%) of all Water System Development Fees and other District Rates, Fees and Charges collected from District Customers in the previous month.

  • Pursuant to the Public Water and Sewer System Development Fee Act, S.L. 2017-138, the local government utility must collect the System Development Fees at the later occurrence of the following: the time of plat recordation, or when service is committed by the local government unit.

  • The Parties acknowledge that revenue derived from the imposition of System Development Fees pursuant to the Rules and Regulations and Service Agreements shall be utilized for costs related to the construction of the Wastewater System.

  • The System Development Fees (“SDF”) shall be calculated by the CITY specifically for the EXXONMOBIL connection.