Effect of CFD Financing on Credits and Reimbursements Sample Clauses

Effect of CFD Financing on Credits and Reimbursements. Wherever the terms of this Agreement provide for credits or reimbursements to Developer for construction of certain improvements, and such improvements are financed by the Infrastructure CFD, at the request of Developer(s) whose properties are included within the Infrastructure CFD (the “CFD Developer(s)”), either (i) the CFD Developer(s) shall receive credits against the applicable components of the PVSP Fee, or (ii) the CFD Developer(s) may, at the County’s sole discretion, receive credits against other Project Impact Fees, based on the amount of financing provided for the improvements by the Infrastructure CFD that would otherwise have been funded by such Project Impact Fees up to, but not in excess of, the amount that will be funded by such Fees by the properties within the Infrastructure CFD, or (iii) the amount of the PVSP Fee (or other Project Impact Fees, in the County’s sole discretion) otherwise applicable to such improvements for the CFD Developer(s)’ properties within the Infrastructure CFD shall be adjusted as necessary to reflect the funding of such improvements by the Infrastructure CFD. Alternatively, Developer may request that Infrastructure CFD funds be used to construct facilities not included for financing by any fee program.
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Effect of CFD Financing on Credits and Reimbursements. Wherever the terms of this Agreement provide for (a) credits or (b) reimbursements to Developer for construction of certain improvements, and such improvements are financed by the Infrastructure CFD, at the request of Developer: (i) the Developer shall receive credits against the applicable Development Mitigation Fee, New Development Mitigation Fee, the 99/70 and Riego Road Interchange Fee, or the RVSP Fees, with the exception of the fee described in Placer County Resolution 2013-253: First Amendment to Reimbursement Agreement for Construction of Sewer Facilities and Reclaimed Water Line, based on the amount of financing provided for the improvements by the Infrastructure CFD that would otherwise have been funded by such fee up to, but not in excess of, the amount that will be funded by such fees by the properties within the Infrastructure CFD; or (ii) the amount of the Fee otherwise applicable to such improvements for the Property shall be adjusted as necessary to reflect the funding of such improvements by the Infrastructure CFD. Alternatively, Developer may request that Infrastructure CFD funds be used to acquire facilities not included for financing by any fee program. To preserve Developer’s right to receive reimbursement for the share of any costs of improvements that benefit properties outside of the Infrastructure CFD, Developer may request that acquisition by CFD funds of any facilities included for financing by a fee program not exceed the amount of such fees that would otherwise be payable by Developers’ Property within the Infrastructure CFD.
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Effect of CFD Financing on Credits and Reimbursements. Wherever City provides for credits or reimbursements to Landowner for construction of Public Improvements, and such Public Improvements are financed by the Infrastructure CFD, at the request of Landowner, City shall allocate credits against the applicable Impact Fee, based on the amount of financing provided for the Public Improvements by the Infrastructure CFD that would otherwise have been funded by such Impact Fee up to, but not in excess of, the amount that will be funded by such Impact Fee by the properties within the Infrastructure CFD. Alternatively, Landowner may request that Infrastructure CFD funds be used to acquire facilities not included for financing by any Impact Fee program.
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Related to Effect of CFD Financing on Credits and Reimbursements

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