Credits for Additional Land Dedication, Wastewater Facilities Payments, Water Treatment and Water Supply Sample Clauses

Credits for Additional Land Dedication, Wastewater Facilities Payments, Water Treatment and Water Supply. (a) Prologis shall offer for dedication all required lands in fee or easement(s) for any and all Project Infrastructure that is necessary, as determined by City, to serve the Property in accordance with the applicable requirements of the Subdivision Map Act, City s Subdivision Ordinance, and City s Infrastructure Master Plans. To the extent that such land dedication costs have not already been accounted for in determining the Master Plan Fee Obligation (pursuant to Section 6.3(b) above), in connection with each Subsequent Approval, if Prologis is required to offer to City additional land dedications in fee, Prologis shall receive a credit in the amount of One Hundred Fifty Thousand Dollars ($150,000) per acre against the applicable fee portion of its Remaining Elected Fee Amount. Similarly, to the extent that such costs have not already been accounted for in determining the Master Plan Fee Obligation, in connection with each Subsequent Approval, if Prologis is required to offer to City any easements, Prologis shall receive a credit of Fifty Thousand Dollars ($50,000) per acre against the applicable fee portion of its Remaining Elected Fee Amount. These credits from the applicable Development Impact Fees shall not affect or reduce Prologis obligation to pay the Off-Site Fee Amounts pursuant to Section 6.4(b) above. These credits shall be determined in connection with each development application, as applicable; provided, however, that they may only be applied after City approval of improvement plans for the improvements at issue and execution of an improvement and security agreement in a form acceptable to the City. (b) Prologis is anticipated to contribute to the costs of acquiring a treated potable water supply for purposes of serving the Project. So long as Prologis provides this contribution substantially in conformance with the Water Supply Agreement described in Section 6.4(b) above, and provided that delivery to City of the water supplies contemplated in the Water Supply Agreement is not prevented, as a result of government action or litigation, and through no fault of the City, then in connection with each Subsequent Approval, Prologis shall not be required to pay any Potable Water Supply or Treatment Fees so long as the acquisition of the above- referenced supply sufficiently covers water service to the Property in accordance with the EIR and the WSA. To the extent the above-referenced supply does not sufficiently cover water service to the Propert...
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Related to Credits for Additional Land Dedication, Wastewater Facilities Payments, Water Treatment and Water Supply

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