County Road Impact Fee Credit Sample Clauses

County Road Impact Fee Credit. The Road Project is a “Road Facility Project” for which Impact Fee Credit may be approved by the County pursuant to Xxxxxxx 00-000, Xxxxxxxx Xxxxxx Code. Upon the Lakes being certified complete to serve the Road Project and accepted for maintenance by the District, the Land Partners shall file an impact fee credit petition with the County reflecting its total Road Project Contribution made in connection with the Road Project and including a “credit agreement” for approval and entry by County. The County credit shall take the form of a as a reimbursement payment by the County to Land Partners of paid impact fees in accordance with a reimbursement request or other process established in the credit agreement. The entry of this Agreement by Parties shall constitute Land Partners’ submission of a petition and the County Impact Fee Administrator’s determination of credit eligibility as contained within Section 70-103(a), Sarasota County Code. The amount of the credit to be shall not exceed the amount of the Land Partners’ contribution (the cost of the construction and dedication) for the Road Project and shall be based upon certified cost estimates submitted by Land Partners.
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Related to County Road Impact Fee Credit

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