Common use of Enactment of Annexation Ordinance Clause in Contracts

Enactment of Annexation Ordinance. Concurrently with the execution of this Agreement (or within such other time as may be set forth in Schedule 2 (Special Terms), the City will enact a valid and binding ordinance (“the Annexation Ordinance”) annexing the Property to the City. The City shall file the Annexation Ordinance and a plat of annexation (to be provided by Developer at Developer’s cost) with the office of the County Recorder within thirty (30) days after enactment of the Annexation Ordinance. Developer shall pay all costs of recordation at the time of recordation.

Enactment of Annexation Ordinance. Concurrently with the execution of this Agreement (or within such other time as may be set forth in Schedule 2 (Special Terms), the City will enact a valid and binding ordinance (“the Annexation Ordinance”) annexing the Property to the City. The City shall file the Annexation Ordinance and a plat of annexation (to be provided by Developer Owner at DeveloperOwner’s cost) with the office of the County Recorder within thirty (30) days after enactment of the Annexation Ordinance. Developer Owner shall pay all costs of recordation at the time of recordation.