Impact Fees definition

Impact Fees means those fees imposed so that developments bear a proportionate share of the cost of public facilities and service improvements that are reasonably related to the impacts and burdens of the Project, adopted pursuant to Morgan Hill Municipal Code Chapter 3.56 and California Government Code Section 66001 et seq.

Impact Fees means cash contributions, contributions of land or interests in land or any other items of value that are imposed on a developer by a municipality under this section.

Impact Fees. (regardless of when due or whether they are paid as a lump sum or in installments over time) which are required as a condition to the issuance of site plan approval, zoning variances or building permits, which impact fees shall be treated as capital costs of construction and not as Deductions.

Examples of Impact Fees in a sentence

• The Project shall only be subject to the Processing Fees and Impact Fees and Exactions as set forth in this Section 5.7, and the City shall not impose any new Processing Fees or new or modified Impact Fees and Exactions on the development of the Project or impose new conditions or requirements for the right to develop the Project (including required contributions of land, public amenities or services) except as set forth in this Agreement.

• This Agreement is an agreement providing for the time and method of payment of the Impact Fees and an Owner’s voluntary request for reservation of capacity pursuant to Chapter 395.

• Developer shall timely pay to the City all Impact Fees and Exactions applicable to the Project or the Project Site as set forth in Section 5.7. Developer shall timely pay to the City all Processing Fees applicable to the processing or review of applications for the Approvals and Later Approvals.

• In addition to Impact Fees, Owner agrees to pay the line extension charges for the West Interceptor when they are adopted in substantial compliance with the Wastewater Line Extension Ordinance of the City's Code of Ordinances.

• The payment for the Impact Fees for each XXX will be due upon the completion of the West Interceptor Line and the wastewater plant authorized by the Discharge Permit and same are ready and able to receive and treat wastewater from the Project.

More Definitions of Impact Fees

Impact Fees shall have the meaning ascribed to it in Section 4.07.A.

Impact Fees means and refers to all fees, charges, dedications, obligations, or exactions of any kind whatsoever that may be imposed by the City under existing City Ordinances, existing or future state statues, or as a matter of legal or equitable right arising, directly or indirectly from any Development of the Property.

Impact Fees which are required of Owner as a condition to the issuance of site plan approval, zoning variances or building permits; and (4) "Tax-increment financing" or similar financing whereby the municipality or other taxing authority has assisted in financing the construction of the Hotel by temporarily reducing or abating normal Impositions in return for substantially higher levels of Impositions at later dates.

Impact Fees which are required of TRS as a condition to the issuance of site plan approval, zoning variances, or building permits; and (4) “Tax-increment financing” or similar financing whereby the municipality or other taxing authority has assisted in financing the construction of the Hotel by temporarily reducing or abating normal Impositions in return for substantially higher levels of Impositions at later dates.

Impact Fees means those fees, assessments, exactions or payments of money imposed by the City as a condition on development activity as specified in Utah Code Xxx. §§ 11-36a-101, et seq., (2008).

Impact Fees. (regardless of when due or whether they are paid as a lump sum or in installments over time) which are required of Owner as a condition to the issuance of zoning variances or building permits, and similar charges on or relating to the Inn (collectively, "Impositions") during the Term shall be paid by Manager from Gross Revenues, before any fine, penalty, or interest is added thereto or lien placed upon the Inn or upon this Agreement, unless payment thereof is in good faith being contested and enforcement thereof is stayed. Any such payments shall be Deductions in determining Operating Profit. Owner shall, within five (5) days after receipt, furnish Manager with copies of official tax bills and assessments which it may receive with respect to the Inn. Either Owner or Manager (in which case Owner agrees to sign the required applications and otherwise cooperate with Manager in expediting the matter) may initiate proceedings to contest any negotiations or proceedings with respect to any Imposition, and all reasonable costs of any such contest shall be paid from Gross Revenues and shall be a Deduction in determining Operating Profit. Manager shall, as part of its contest or negotiation of any Imposition, be entitled, on Owner's behalf, to waive any applicable statute of limitations in order to avoid paying the Imposition during the pendency of any proceedings or negotiations with applicable authorities.

Impact Fees means a monetary exaction other than a tax or special assessment that is charged by the City to the Developer in connection with approval of the Project, for the purpose of defraying all or a portion of the cost of the public facilities related to the Project, and as set forth in California Government Code §§66000 et seq. Impact Fees do not include (i) Processing Fees, (ii) Public Benefit Fees, or (iii) other City-wide fees or charges of general applicability, provided that such City-wide fees or charges are not imposed on impacts of new development.