Connector Funding Sample Clauses

Connector Funding. Property Owners agree to participate on a fair share basis in any financing plan or public financing mechanism enacted by County to fund the design and construction of the Connector, provided the Property Owners are given a full credit against any fees, charges, taxes or assessments imposed by such financing plan or mechanism. The credit shall be for the dollar amount of the design and construction costs Property Owners have expended or funded for roadway, traffic signal and intersection improvements along the route of the Connector that were designed and/or built to Connector standards. Property Owners reserve their rights to challenge the method or manner of calculation and the amount of any fee, assessment, tax or charge enacted to fund the Connector. The waiver provisions contained in Section 2.2 of this Agreement shall not apply or be interpreted to preclude or be a waiver of the rights of Property Owners to challenge any financing plan or public financing mechanism created to fund the Connector or any component thereof on the grounds of insufficient nexus or on the method and manner of calculating any fee, tax, assessment or other monetary imposition levied on the land within the Xxxxxxx Hills Project or on the Property Owners to fund the Connector.
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