Common use of Capital Improvements Clause in Contracts

Capital Improvements. Construction of the following capital improvements shall be initiated after the effective date of the annexation: None. Upon development of the subject property or redevelopment, the landowner will be responsible for the development costs the same as a developer in a similarly situated area under the ordinances in effect at the time of development or redevelopment. No additional capital improvements are necessary at this time to service the subject property the same as similarly situated properties. When deemed necessary, capital improvement acquisition or construction will occur in accordance with applicable ordinances and regulations and the adopted capital improvement plans of the City, as applicable and amended, which are incorporated herein by reference.

Appears in 11 contracts

Samples: Agreement, Agreement, Agreement

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Capital Improvements. Construction of the following capital improvements shall be initiated after the effective date Effective Date of the annexation: None. Upon development of the subject property Subject Property or redevelopment, the landowner Landowner will be responsible for the development costs the same as a developer in a similarly situated area under the ordinances in effect at the time of development or redevelopment. No additional capital improvements are necessary at this time to service the subject property Subject Property the same as similarly situated properties. When deemed necessary, capital improvement acquisition or construction will occur in accordance with applicable ordinances and regulations and the adopted capital improvement plans of the City, as applicable and amended, which are incorporated herein by reference.

Appears in 2 contracts

Samples: Agreement, Agreement

Capital Improvements. Construction of the following capital improvements shall be initiated by the City after the effective date of the annexation: None. Upon development of ofthe subject property, save and except as provided in the subject property or redevelopmentDevelopment reement, the landowner Owner will be responsible for the development costs the same as a developer in a similarly situated area under area. Capital improvements shall be designed, constructed and installed by the ordinances Owner as provided in effect at the time of development or redevelopment. No additional capital improvements are necessary at this time to service the subject property the same as similarly situated properties. When deemed necessary, capital improvement acquisition or construction will occur in accordance with applicable ordinances and regulations and the adopted capital improvement plans of the City, as applicable and amended, which are incorporated herein by referenceDevelopment Agreement.

Appears in 1 contract

Samples: Annexation and Utility Services Agreement

Capital Improvements. Construction of the following capital improvements shall be initiated by the City after the effective date of the annexation: Noneoversizing of the lift station serving the Property in accordance with the terms of the Settlement Agreement. Upon development of the subject property Subject Property or redevelopment, the landowner Owner will be responsible for the development costs the same as a developer in a similarly situated area under the ordinances in effect at the time of development or redevelopment. No additional capital improvements are necessary at this time to service the subject property the same as similarly situated properties. When deemed necessary, capital improvement acquisition or construction will occur in accordance with applicable ordinances and regulations and the adopted capital improvement plans of the City, as applicable and amended, which are incorporated herein by reference.

Appears in 1 contract

Samples: Agreement

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Capital Improvements. Construction of the following capital improvements shall be initiated by the City after the effective date of the annexation: Noneoversizing of the lift station serving the Property in accordance with the terms of the Settlement Agreement. Upon development of the subject property Subject Property or redevelopment, the landowner Owner will be responsible for the development costs the same as a developer in a similarly situated area under the ordinances in effect at the time of development or redevelopment. No additional capital improvements are necessary at this time to service the subject property Subject Property the same as similarly situated properties. When deemed necessary, capital improvement acquisition or construction will occur in accordance with applicable ordinances and regulations and the adopted capital improvement plans of the City, as applicable and amended, which are incorporated herein by reference.

Appears in 1 contract

Samples: Agreement

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