Development Agreement Fee Sample Clauses

Development Agreement Fee. On the Effective Date of this Agreement and on each anniversary thereafter, the Developer shall pay to the City a Development Agreement Fee as follows:
AutoNDA by SimpleDocs
Development Agreement Fee. Upon issuance of a certificate of occupancy for a Unit within the Project, Owner shall pay to the City the applicable Development Agreement Fee pursuant to Section 17.100.030 of the City’s Municipal Code as written on the Agreement Date as set forth below: A development agreement fee shall be imposed on all new privately-constructed buildings subject to a city building permit on properties affected by a development agreement as a condition for issuance of said building permit. The development agreement fee shall be calculated as two percent (2%) of the construction project valuation of the new building, as determined by the city's building official at the time the building permit is issued. Affordable dwelling units shall be exempt from the Development Agreement Fee.
Development Agreement Fee. Provided that all of the Developer Parties both enter into this Development Agreement or a substantially similar agreement and convey at no cost to the City or the City’s designee fee title to the City Conveyance Parcels located with each Developer Party’s Parcel in accordance with Section 8.1 below on or before August 31, 2005, the Developer Parties shall pay or cause to be paid to City the aggregate sum of Two Hundred Million Dollars ($200,000,000) (“Development Agreement Fee”) to reimburse City its costs in developing and processing the Great Park Plan, as payment for processing the Master Subdivision Map, and as partial payment for the development of the Park Site, the Sports Park Site, and other Project infrastructure, and such other uses and purposes as may be determined by City in its sole and absolute discretion. The portion of the Development Agreement Fee payable by each Developer Party shall be as follows: Developer I $48,000,000 (24% of $200,000,000) Developer II $54,000,000 (27% of $200,000,000) Developer III $68,000,000 (34% of $200,000,000) Developer IV $30,000,000 (15% of $200,000,000) The Development Agreement Fee shall be paid in installments with the first installment paid concurrently with the execution and delivery of this Agreement, the second installment paid thirty (30) days after the Effective Date, the third installment paid upon each Developer Party’s recordation of its first final subdivision map following the recordation of the Master Subdivision Map or the date that is one (1) year after the Effective Date, whichever occurs first, and the fourth installment paid upon the issuance of each Developer Party’s first building permit or the date that is two (2) years after the Effective Date, whichever occurs first. Payments of the Development Agreement Fee shall be made by wire transfer of funds, or by a cashier’s or certified check issued by a California institution.
Development Agreement Fee. Pursuant to Chapter 7 of the City’s Ordinance No. 19-1931 (“DIF Ordinance”), which establishes the City’s required Development Impact Fees (“DIF”) required for any project development within the City, development projects upon property owned by the Authority, may be exempt from the terms and provisions of the DIF Ordinance. As such, and notwithstanding anything to the contrary under the DIF Ordinance, the Developer shall pay a “Development Agreement Fee” in the amount of $7,500,000 to the City, which constitutes an increase in the DIF amount that the Developer would be otherwise obligated for under the City’s DIF Ordinance. Such Development Agreement Fee shall become an obligation of Developer upon the Effective Date of this Agreement, but the timing of the payment shall be determined pursuant to subsequent documentation / agreements between the City and the Developer. As such, and notwithstanding anything to the contrary herein, Developer shall not be required to pay any DIF pursuant to the DIF Ordinance given Developer’s agreement to pay the City the Development Agreement Fee.‌
Development Agreement Fee. ‌ Upon application for each residential dwelling unit building permit constructed in the Project, Owner shall, at the time of issuance of such building permit, pay to City a Development Agreement Fee in the amount of Three Dollars and Fifty Cents ($3.50) per square foot of “assessable space” (as that term is defined in Government Code Section 65995(b)(1)) (“Development Agreement Fee”). The Development Agreement Fee shall be deposited by City into a Walnut Hills Mixed Use Account and expended by City in its sole and absolute discretion for planning design, improvements and/or economic development opportunities, including commercial, restaurant and service uses to serve City residents and visitors, including the future residents of the Project, and improve the quality of life within the Walnut Hills Mixed Use area designated in the City’s General Plan.
Development Agreement Fee. Upon issuance of a certificate of occupancy for a Unit within the Project, Owner shall pay to the City a one-time Development Agreement Fee of Two Thousand Five Hundred Dollars ($2,500.00) for that Unit.
Development Agreement Fee. ‌ Upon application for each residential dwelling unit building permit constructed in the Project, Owner shall, at the time of issuance of such building permit, pay to City a Development Agreement Fee in the amount of Three Dollars and Fifty Cents ($3.50) per square foot of “assessable space” (as that term is defined in Government Code Section 65995(b)(1)) (“Development Agreement Fee”). The Development Agreement Fee shall be deposited by City into a Capital Improvement and Maintenance Fund used to fund capital improvements, repairs, and/or maintenance with respect to new or existing public facilities within the Open Space Areas and/or within one-quarter mile of the Owner Property to serve City residents and visitors, and to increase, preserve and improve the health, safety and welfare of the City’s residents, including the future residents of the Project, as determined by City in its sole and absolute discretion.
AutoNDA by SimpleDocs
Development Agreement Fee. Owner paid the Development Agreement Fee of $63,650.00 in September 2017.
Development Agreement Fee. Following recordation of this Agreement, Community Development Division will invoice Owner the sum of $5,000.00, as the development agreement fee per City Code. Owner will pay such fee to City prior to issuance of a permit for construction of the Pond.

Related to Development Agreement Fee

  • Development Agreement As soon as reasonably practicable following the ISO’s selection of a transmission Generator Deactivation Solution, the ISO shall tender to the Developer that proposed the selected transmission Generator Deactivation Solution a draft Development Agreement, with draft appendices completed by the ISO to the extent practicable, for review and completion by the Developer. The draft Development Agreement shall be in the form of the ISO’s Commission-approved Development Agreement for its reliability planning process, which is in Appendix C in Section 31.7 of Attachment Y of the ISO OATT, as amended by the ISO to reflect the Generator Deactivation Process. The ISO and the Developer shall finalize the Development Agreement and appendices as soon as reasonably practicable after the ISO’s tendering of the draft Development Agreement. For purposes of finalizing the Development Agreement, the ISO and Developer shall develop the description and dates for the milestones necessary to develop and construct the selected project by the required in-service date identified in the Generator Deactivation Assessment, including the milestones for obtaining all necessary authorizations. Any milestone that requires action by a Connecting Transmission Owner or Affected System Operator identified pursuant to Attachment P of the ISO OATT to complete must be included as an Advisory Milestone, as that term is defined in the Development Agreement. If the ISO or the Developer determines that negotiations are at an impasse, the ISO may file the Development Agreement in unexecuted form with the Commission on its own, or following the Developer’s request in writing that the agreement be filed unexecuted. If the Development Agreement is executed by both parties, the ISO shall file the agreement with the Commission for its acceptance within ten (10) Business Days after the execution of the Development Agreement by both parties. If the Developer requests that the Development Agreement be filed unexecuted, the ISO shall file the agreement at the Commission within ten (10) Business Days of receipt of the request from the Developer. The ISO will draft, to the extent practicable, the portions of the Development Agreement and appendices that are in dispute and will provide an explanation to the Commission of any matters as to which the parties disagree. The Developer will provide in a separate filing any comments that it has on the unexecuted agreement, including any alternative positions it may have with respect to the disputed provisions. Upon the ISO’s and the Developer’s execution of the Development Agreement or the ISO’s filing of an unexecuted Development Agreement with the Commission, the ISO and the Developer shall perform their respective obligations in accordance with the terms of the Development Agreement that are not in dispute, subject to modification by the Commission. The Connecting Transmission Owner(s) and Affected System Operator(s) that are identified in Attachment P of the ISO OATT in connection with the selected transmission Generator Deactivation Solution shall act in good faith in timely performing their obligations that are required for the Developer to satisfy its obligations under the Development Agreement.

  • Development Fees The character and amount of any fee, charge or other consideration which must be paid by Donee to develop any Property.

  • Payment Agreement The agreement between you and Barracudas begins at the point where a payment is made, whether in part or full, and is when these booking conditions apply from. This agreement is with you, as the person who made the booking, and you are responsible for ensuring any parent/carer relating to this booking are aware of, and accept, these booking conditions.

  • Client Agreement 2.1. The Company may unilaterally change any terms of this Client Agreement for any of the following reasons:

  • Cooperation Agreement At the Closing, PCC and Buyer shall, and PCC shall cause PCC Parent to, execute and deliver the Cooperation Agreement pursuant to which Buyer, PCC Parent and PCC shall provide each other certain information and other assistance in connection with the collection, administration and/or satisfaction of certain of the Retained Liabilities.

  • Services Fee 5.1 The Transmission Services performed by TSO to Network User under this Standard Transmission Agreement are subject to the applicable Services fee calculated in accordance with attachment A of the Access Code for Transmission. In the event of any modification to the Regulated Tariffs, the Total Monthly Fee(s) and the Total Monthly Self-billing Fee(s) provided for in this Article 5.1 shall be adapted as from the calendar day of the entering into force of the modifications.

  • Development Schedule The Project shall substantially comply with the specific timetables and triggers for action set forth in Article 5 of this Agreement. The parties acknowledge that, as provided in G.S. 160A-400.25(b), the failure to meet a commencement or completion date shall not, in and of itself, constitute a material breach of this Agreement pursuant to G.S. 160A-400.27 but must be judged based upon the totality of the circumstances.

  • License Agreement The Trust shall have the non-exclusive right to use the name "Invesco" to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.

  • Schedule for Completing Agreement Closeout Activities Provide All Draft and Final Written Products on a CD-ROM or USB memory stick, organized by the tasks in the Agreement. Products: • Final Meeting Agreement Summary (if applicable) • Schedule for Completing Agreement Closeout Activities • All Draft and Final Written Products

  • Student Agreement The acceptable and unacceptable uses of the Charter School network and the Internet are described in this “Student Acceptable Use Agreement." By signing this agreement, I acknowledge that I have read, understand and agree to abide by the provisions of the attached Student Acceptable Use Policy. I understand that any violations of the above could result in the immediate loss of electronic computing and may result in further disciplinary and/or legal action, including but not limited to suspension, or referral to legal authorities. I also agree to report any misuse of the Charter School network to school site teacher or administrator. Misuse can come in many forms but can be viewed as any messages sent or received that indicate or suggest pornography, unethical or illegal solicitation, racism, sexism, inappropriate language, and other issues described under the unacceptable uses in this Acceptable Use Policy. I realize that all the rules of conduct described in this Charter School Acceptable Use Policy, procedures, and handbooks apply when I am using the Charter School network. Student Name: Student Signature: Date: PARENT OR GUARDIAN AGREEMENT: (Students under the age of 18 must have a parent or guardian who has read and signed this Acceptable Use Contract.) As a parent or guardian of this student, I have read this Acceptable Use Policy and understand that the use of the Charter School network is designated for educational purposes only. I understand that it is impossible for the Charter School to restrict access to all controversial materials, and I will not hold the Charter School, responsible for materials acquired on the Charter School network or Internet. I also agree to report any misuse of these electronic resources to the school administrator. I accept full responsibility for my child should they use remote connections when available to the Charter School network in a non- school setting. I hereby give my permission to issue an account for my child to use the Charter School network and Internet. I release the Charter School, its affiliates and its employees from any claims or damages of any nature arising from my child or dependent’s access and use of the Charter School network. I also agree not to hold the Charter School responsible for materials improperly acquired on the system, or for violations of copyright restrictions, user’s mistakes or negligence, or any costs incurred by users. This agreement shall be governed by and construed under the laws of the United States and the State of California. Student Name: Parent/Legal Guardian Name: Parent/Legal Guardian Signature: Date:

Time is Money Join Law Insider Premium to draft better contracts faster.