Capital Facilities Charges Clause Samples

Capital Facilities Charges. The Parties acknowledge that CITY’s Capital Facilities Charges are charged on a per lot basis for residential lots and a per acre basis for outlots and function as a contribution toward existing or future facilities necessary to meet the service needs of new customers. Accordingly, the Entire Cost of all Capital Facilities Charges shall be subject to the following terms: i. Fee Amount. Capital Facilities Charges shall be paid to CITY according to the following calculations: a. Lots 1 – 202 and Outlots A–K. DISTRICT shall pay to CITY Capital Facilities Charges in the amount of $552,875.50 based on 202 single-family residential lots at $2,285 per lot ($461,570.00) plus 14.3 acres of outlots at $6,385 per acre ($64,488.50).

Capital Facilities Charges. Given that the Development Area has an existing connection to CITY’s water distribution system, DEVELOPER shall be exempt from Capital Facilities Charges for the Private Improvements contemplated within this Agreement and the Plat and Rezone Agreement. CITY reserves the right to collect Capital Facilities fees in the future should the Development Area be redeveloped, which shall be defined as the removal of existing building structures and/or the construction of any new building structure(s) served by connection(s) to City’s water distribution system.

Capital Facilities Charges. Lakehaven will research prior charges paid, if any, for “general, non- local” components of the water and/or sanitary sewer systems, and evaluate the proposed project for the existence of any credits for the Capital Facilities Charges or any amounts due, in accordance with Lakehaven’s current ‘Fees & Charges Resolution’, for increased usage of the water and/or sanitary sewer systems beyond the level covered by previous payments. If no new or modified service connection(s) proposed for the development, Capital Facilities Charges shall be assessed and collected for any increased use above that which may have been previously paid, including increases attributable to usage associated with existing service, prior to scheduling the pre-construction meeting. Otherwise, any Capital Facilities Charges due shall be paid prior to the activation of any new or modified service connections for the development.

Capital Facilities Charges. The capital facilities charges shall be paid and assessed in accordance with the approved Source and Use of Funds attached hereto as Exhibit N.

Capital Facilities Charges. The Parties acknowledge that CITY’s Capital Facilities Charges are charged on a per acre basis for commercial use types and function as a contribution toward existing or future facilities necessary to meet the service needs of new customers. Accordingly, the Entire Cost of all Capital Facilities Charges shall be subject to the following terms: i. Fee Amount. Capital Facilities Charges shall be paid to CITY according to the following calculations: a. Lots 1 and 2. DEVELOPER shall pay to CITY Capital Facilities Charges in the amount of $21,880.00 based on 3.2 acres of commercial use types at $6,840 per acre.

Capital Facilities Charges. The Parties acknowledge that CITY’s Capital Facilities Charges are charged on an equivalent residential unit basis and function as a contribution toward existing or future facilities necessary to meet the service needs of new customers. Accordingly, the Entire Cost of all Capital Facilities Charges shall be subject to the following terms: Fee Amount. Capital Facilities Charges shall be paid to CITY according to the following calculations: Lots [IDENTIFY LOT NUMBERS] and Outlots [IDENTIFY OUTLOTS]. DISTRICT shall pay to CITY Capital Facilities Charges in the amount of [INSERT DOLLAR AMOUNT] based on Special Assessments. Not less than fifty percent (50%) of Capital Facilities Charges invoiced by CITY shall be specially assessed against property served. The remaining balance may be privately financed by DEVELOPER or borne by general obligation of DISTRICT.