Common use of Traffic Impact Fee Clause in Contracts

Traffic Impact Fee. The Project will be subject to the traffic impact fee for all additional vehicle trips generated by the Project at the rate in place at the time of approval of the Project (currently two hundred thirty-five dollars ($235.00) per additional vehicle trip) and shall be paid to the CITY prior to the issuance of the first building permit. The Project will generate a total of six thousand eight hundred (6,800) vehicle trips.

Traffic Impact Fee. E ach phase of the The Project will be subject to the traffic impact fee for all additional vehicle trips generated by the Project at the rate in place at the time of approval of the Project (currently two hundred thirty-five dollars ($235.00) per additional vehicle trip) and shall be paid to the CITY prior to the issuance of the first building permitpermit for s aid phase, in addition to a 25% down payment for the next phase. The Project will generate a total of six thousand eight hundred (6,800) vehicle trips.