Impact Fee Credits. Pursuant to Ordinance No. 87-57, as amended, the County requires any person who seeks to develop land within St. Xxxxx County, as evidenced by such person's application for a building permit or certificate of occupancy, to pay a Road Impact Fee so as to assure that such new development bears a proportionate share of the cost of capital expenses necessary to provide roads in St. Xxxxx County.
Impact Fee Credits. Landlord hereby assigns to Tenant any and all impact fee credits, fee waivers or rebates provided, or which may be provided, by the City of Phoenix or the State of Arizona in connection with the location of Tenant’s business operations within the Premises. In the event that Landlord receives the benefit of any such impact fee credits, fee waivers or rebates as a result of the location of Tenant’s business within the Premises, Landlord shall promptly remit to Tenant the benefit to Tenant in the form of a check, net of any costs incurred by Landlord to obtain, maintain or otherwise relating to the benefits.
Impact Fee Credits. To Seller’s knowledge, there are no impact fee credits available with respect to the Property. Except for any assessments or costs that may be imposed on the development of the Property and except for any taxes or assessments which may hereafter be levied on the Property due to a change in usage or ownership Seller has received no written notice of any pending or contemplated special assessments with respect to the Property and has no knowledge of any pending or being contemplated. Seller has received no written request from any governmental entity with regard to dedication of the Property or any part thereof and has no knowledge of any donations or payments to or for schools, parks, fire departments or any other public entity which are required to be made by the owner of the Property other than as set forth in the ad valorem tax bills or public utility bills applicable to the Property.
Impact Fee Credits. The City agrees to establish a transportation impact fee credit account for the Project in the name of Developer, its successors and assigns, for 100% of the Transit Payment. Developer may transfer such impact fee credits in the account to purchasers of lots within the Project. Such impact fee credits shall be awarded to Developer within fifteen (15) days of Developer making each installment of the Transit Payment. If constructed prior to approval of the plat containing the 500th single-family dwelling unit or trip equivalent, any excess capacity generated by Roads A2 and B/Medulla Road Extension, as determined relative to buildout traffic of Project, shall be eligible for City transportation impact fee credits. Developer shall receive transportation impact fee credits for the dedication of the Roundabout Area consistent with Section C.4 of this Agreement. The costs of signalization of the Xxxxxx Road and Xxxxx Road intersections shall not be eligible for City transportation impact fee credits, but instead shall be the subject of a fair-share funding agreement with other adjacent developments, such as Xxxxxx Creek Preserve and Riverstone. The determination of City transportation impact fee credits shall include the actual costs of design, engineering, permitting and construction and shall be made in accordance with the applicable City Ordinances in place at the time an application for credits is received by the City or County. Developer required project access improvements are not eligible for Impact Fee Credits.
Impact Fee Credits. The County agrees that transportation impact fee credits shall be provided to LLR LLC, with respect to the actual, reasonable cost of construction paid by LLR LLC, for the addition of lanes 3 and 4, only, to the LLR LLC Segment (the “LLR Fee Credit Amount”). The LLR Fee Credit Amount shall be forty percent (40%) of the actual reasonable amount spent by LLR LLC for the 4-lane LLR LLC Segment. As the Construction Entity, the County agrees that Amprop shall receive 100% impact fee credits for all sums actually and reasonably expended by it for design, permitting, and construction (but not any sums expended by others, nor any sums reimbursed by the County or others to Amprop) on the Sunlake Boulevard Pipeline Project, excluding only the construction costs for the Hillsborough Segment. In exchange, Amprop agrees that it shall be responsible for, and shall pay, any amounts necessary to complete the Sunlake Boulevard Pipeline Project that are not required to be paid by LLR LLC, or others. The County acknowledges and agrees that the S.R. 54/Sunlake Boulevard intersection, including signalization, is included within the Sunlake Boulevard Pipeline Project that is impact fee creditable to Amprop hereunder. Conversely, Amprop acknowledges that the S.R. 00/Xxxx Xxxxxxxx Xxxx intersection is not part of the Sunlake Boulevard Pipeline Project, and is not impact fee creditable hereunder. For all purposes under this DA, the determination of whether an expense is an “actual reasonable” expense eligible for reimbursement or impact fee credit shall be made by the County Administrator or his designee consistent with the County’s Transportation Impact Fee Ordinance and this D.A. The County agrees to amend its CIP budget as required to provide for the transportation impact fee credits due to Amprop and LLR LLC under this DA, and to insure compliance with the TIF Ordinance, consistent with their reasonably projected project absorption rates, as determined by the County Administrator or his designee. To facilitate the budget process, each Developer (Amprop and LLR LLC, respectively) shall provide to the County Administrator or his designee, on or before June 1 of each year, commencing June 1, 2009, a good faith projection of the schedule for production of building units (residential dwellings, retail or office square footage, etc.) for the ensuing three (3) County Fiscal Years (October 1 – September 30). In conjunction with the preparation of the County’s annual CIP budget, the Co...
Impact Fee Credits a. In consideration of the obligations set forth herein, the County shall grant to Developer Transportation Impact Fee Credits for costs of construction of any Non-Site Related Improvements, as defined in Lake County Code, related to the Xxxxxx Road Extension. The estimated costs and expenses of construction of the Non-Site Related Improvements related to the Project are shown on the cost estimates in Exhibit D-1 and Exhibit D-2, attached to this Agreement, prepared by the Developer’s Project Engineer. Additionally, the County agrees to provide Transportation Impact Fee Credits as reimbursement to Developer for the costs associated with designing, engineering, and permitting of the Xxxxxx Road Extension, as approved by the County, as well as the costs incurred by Developer due to Environmental Permits and Environmental Mitigation as approved by Lake County Public Works. The County acknowledges and agrees that the estimated cost of engineering and design is set forth and itemized in Exhibit D-1 and Exhibit D-2, attached hereto and by this reference made a part of hereof. In the event that the bids received exceed twenty percent (20%) of the estimated construction or engineering costs set forth in Exhibit D-1 and Exhibit D-2, the Developer shall promptly notify the County Engineer and the County may terminate this Agreement upon forty-five (45) days written notice to the Developer. In the event the bid exceeds the estimated construction or engineering costs set forth in Exhibit D-1 and Exhibit D-2, the Developer agrees that construction shall not commence until approval is given by the County’s Public Works Department. In no event shall this Agreement obligate the County to pay an amount exceeding the actual cost of design and construction.
Impact Fee Credits. If, prior to the date an impact fee would be payable as provided under Town's Ordinances, Developer constructs System Improvements for which an impact fee is normally collected, Developer's cost of constructing such System Improvements shall be credited against the impact fees otherwise due, consistent with the Utah Impact Fee Act, cited supra. Developer shall also be given an impact fee credit for land dedicated to and accepted by Town for System Improvements. In each instance, Developer shall submit to the Town invoices, or other reasonably acceptable documentation, as determined by the Town, demonstrating the reasonable and verifiable costs incurred for such System Improvements or, in the case of land, appraisals indicating fair market value of the dedicated land. The amount of the credit shall be equal to the lesser of (i) the total amount of impact fees otherwise required, or (ii) the reasonable and verified costs of the System Improvements paid by Developer and the fair market value of the unimproved land at the time of dedication. Impact fee credits shall only be given back to the Developer in the category for which the applicable system improvement was made giving rise to the credit (i.e. impact fee credits for water System Improvements shall be applied and used to offset water impact fees). In applying the foregoing provisions, any impact fee which is payable shall be charged as provided under Town's Ordinances and any impact fee credit shall be used to offset the amount of the impact fee due. In no instance shall the Town be required to reimburse Developer for system improvement constructed and installed by Developer in any other form than a category specific impact fee credit. All impact fee credits shall be given in a fixed amount of dollars, and not based upon per-unit impact fees or any other basis, unless expressly agreed otherwise by the Town and Developer in a written reimbursement agreement pursuant to Section 5, above. Likewise, the Town will not give cash reimbursements under any circumstances unless agreed to in an express written reimbursement agreement pursuant to Section 5 above.
Impact Fee Credits. The Developer shall be entitled to receive impact fee credits toward the Project from the Town equal to fifty percent (50%) of the cost incurred for the off-site water line extensions to be undertaken by the Developer in conjunction with the Project. Said impact fee credits shall be distributed evenly among the three (3) phases of the Project.
Impact Fee Credits. Developer shall have the option in its sole discretion, but not the obligation, to undertake the permitting or construction of any of the Future Transportation Facilities or Doverplum Avenue from Koa Street to County Club Road. The potential for the Developer to receive impact fee credits shall be governed by Ordinance No. 2003-24 and Ordinance No. 06-53, as amended and supplemented.
Impact Fee Credits. Any impact fee credits earned as of the Expiration Date shall continue to be available to Developer or Developer’s designee after such Expiration Date.
