Common use of Real Estate Taxes and Special Assessments Clause in Contracts

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer shall be responsible for all property taxes post-closing, if any. b. The City shall pay all installments of special assessments which are a lien on the Property and, if not paid, would become delinquent during the calendar year this Lease Purchase Agreement is entered, and all prior installments thereof. c. All other special assessments due prior to the Commencement Date shall be paid by Developer and shall be a Project Cost.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer ; therefore, there will be no proration or credit of real estate taxes at Closing and Owner shall be responsible for all property taxes post-closingClosing, if any.; and b. The City shall pay all installments of All special assessments which are a lien on the Property andassessments, if not paidany, would become delinquent during the calendar year this Lease Purchase Agreement is entered, and all prior installments thereof. c. All other special assessments due prior to the Commencement Date assessed post-Closing shall be paid by Developer and shall be a Project CostOwner.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer shall be responsible for all property taxes post-closingClosing, if any.; and b. The City shall pay all installments of All special assessments which are a lien on the Property andassessments, if not paidany, would become delinquent during the calendar year this Lease Purchase Agreement is entered, and all prior installments thereof. c. All other special assessments due prior to the Commencement Date assessed post-Closing shall be paid by Developer and shall be a Project CostDeveloper.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer shall be responsible for all property taxes post-closing, if any.; and b. The City shall pay all installments of All special assessments which are a lien on the Property andassessments, if not paidany, would become delinquent during the calendar year this Lease Purchase Agreement is entered, and all prior installments thereof. c. All other special assessments due prior to the Commencement Date shall be paid by Developer Developer. To the City Clerk’s actual knowledge as of the date of this Agreement, there will be no special assessments against the Development Property between the date of this Agreement and shall be a Project Costthe Closing.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. ; therefore, there will be no proration or credit of real estate taxes at Closing and Developer shall be responsible for all property taxes post-closingClosing, if any.; and b. The City shall pay all installments of All special assessments which are a lien on the Property andassessments, if not paidany, would become delinquent during the calendar year this Lease Purchase Agreement is entered, and all prior installments thereof. c. All other special assessments due prior to the Commencement Date assessed post-Closing shall be paid by Developer and shall be a Project CostDeveloper.