Common use of Apportionment and Levy of Assessments Clause in Contracts

Apportionment and Levy of Assessments. (a) The City intends to levy Assessments on property located within the PID in accordance herewith and with the Service and Assessment Plans (as such plans are amended supplemented or updated from time to time) and the Assessment Ordinances on or before such time as each series of PID Bonds are issued. The City's apportionment and levy of Assessments shall be made in accordance with the PID Act. (b) Concurrently with the levy of the Assessments on each phase, the Developer and its affiliates shall execute and deliver a “Landowner Consent” for all land owned or controlled by Developer or its Affiliates, or otherwise evidence consent to the creation of the PID and the levy of Assessments therein and shall record evidence and notice of the Assessments in the real property records of Brazoria County, Texas. The City shall not levy Assessments on property within the PID without an executed Landowner Consent from each landowner within the PID whose property is being assessed.

Apportionment and Levy of Assessments. (a) The City intends to levy Assessments on property located within the PID in accordance herewith and with the Service and Assessment Plans (as such plans are amended supplemented or updated from time to time) and the Assessment Ordinances on or before such time as each series of PID Bonds are issued. The City's ’s apportionment and levy of Assessments shall be made in accordance with the PID Act. (b) Concurrently with the levy of the Assessments on each phaseSection, the Developer and its affiliates Affiliates shall execute and deliver a “Landowner Consent” Consent in the form attached as Exhibit F for all land owned or controlled by Developer or its AffiliatesAffiliates within such Section, or otherwise evidence consent to the creation of the PID and the levy of Assessments therein and shall record evidence and notice of the Assessments in the real property records of Brazoria County, Texas. The City shall not levy Assessments on property within the PID without an executed Landowner Consent from each landowner within the PID whose property is being assessed.