City Covenant To Use NITM Fees And NITM Account For NITM Program Sample Clauses

City Covenant To Use NITM Fees And NITM Account For NITM Program. The City shall use the funds in the NITM Account, and all fees collected under the NITM Program, solely for the purposes authorized in the NITM Program. As set forth in the NITM Program, no funds may be used by the City for traffic improvements or other purposes which are not NITM Traffic Improvements, without the consent of the Developer Parties and the owner(s) of the North Irvine Adjacent Lands.
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