Common use of Fees and Dedications Clause in Contracts

Fees and Dedications. As set forth in the Application, PSE agrees to pay the Conservancy a one-time payment of $20,193.98, which amount includes all HCP/NCCP mitigation fees necessary for the Project. The payment also includes an amount sufficient to implement additional actions that will contribute to the recovery of endangered and threatened species (“Contribution to Recovery”). The overall payment amount is the sum of the following: Temporary Impact Fee: $10,129.32 Contribution to Recovery: $10,064.66 The payment must be paid in full before any ground-disturbance associated with the Project occurs. Notwithstanding the above, the Parties acknowledge that the Conservancy adjusts its fee schedule annually on March 15th of each year in accordance with the fee adjustment provisions of Chapter 9.3.1 of the HCP/NCCP. If the PSE pays before March 15, 2017 and construction of the Project commences before March 15, 2017, the amount due will be as stated above. If PSE pays on or after March 15, 2017 or construction of the Project does not commence before March 15, 2017, the amount due will be subject to annual fee adjustments for all fees, and subject to annual adjustments of the Contribution to Recovery based on the formula set forth in Chapter 9.3.1. Based on these adjustments, if PSE pays before March 15 of any year, but construction does not commence before March 15th of that year, PSE will either be required to submit an additional payment for any increases or be entitled to a refund without interest for any decreases.

Fees and Dedications. As set forth in the Application, PSE agrees to pay the Conservancy a one-time payment of $20,193.9824,454.61, which amount includes all HCP/NCCP mitigation fees necessary for the Project. The payment also includes an amount sufficient to implement additional actions that will contribute to the recovery of endangered and threatened species (“Contribution to Recovery”). The overall payment amount is the sum of the following: Temporary Impact Fee: $10,129.32 12,969.74 Contribution to Recovery: $10,064.66 11,484.87 The payment must be paid in full before any ground-disturbance associated with the Project occurs. Notwithstanding the above, the Parties acknowledge that the Conservancy adjusts its fee schedule annually on March 15th 15 of each year in accordance with the fee adjustment provisions of Chapter 9.3.1 of the HCP/NCCP. If the PSE pays before March 15, 2017 2018 and construction of the Project commences before March 15, 20172018, the amount due will be as stated above. If PSE pays on or after March 15, 2017 2018 or construction of the Project does not commence before March 15, 20172018, the amount due will be subject to annual fee adjustments for all fees, and subject to annual adjustments of the Contribution to Recovery based on the formula set forth in Chapter 9.3.1. Based on these adjustments, if PSE pays before March 15 of any year, but construction does not commence before March 15th of that year, PSE will either be required to submit an additional payment for any increases or be entitled to a refund without interest for any decreases.

Fees and Dedications. As set forth in the Application, PSE agrees to pay the Conservancy a one-time payment of $20,193.9888,389.89, which amount includes all HCP/NCCP mitigation fees necessary for the Project. The payment also includes an amount sufficient to implement additional actions that will contribute to the recovery of endangered and threatened species (“Contribution to Recovery”). The overall payment amount is the sum of the following: Temporary Impact Fee: $10,129.32 11,487.77 Permanent Impact Fee $46,139.40 Contribution to Recovery: $10,064.66 30,762.72 The payment must be paid in full before any ground-disturbance associated with the Project occurs. Notwithstanding the above, the Parties acknowledge that the Conservancy adjusts its fee schedule annually on March 15th 15 of each year in accordance with the fee adjustment provisions of Chapter 9.3.1 of the HCP/NCCP. If the PSE pays before March 15, 2017 2021 and construction of the Project commences before March 15, 20172021, the amount due will be as stated above. If PSE pays on or after March 15, 2017 2021 or construction of the Project does not commence before March 15, 20172021, the amount due will be subject to annual fee adjustments for all fees, and subject to annual adjustments of the Contribution to Recovery based on the formula set forth in Chapter 9.3.1. Based on these adjustments, if PSE pays before March 15 of any year, but construction does not commence before March 15th of that year, PSE will either be required to submit an additional payment for any increases or be entitled to a refund without interest for any decreases.

Fees and Dedications. As set forth in the Application, PSE agrees to pay the Conservancy a one-time payment of $20,193.9811,299.44, which amount includes all HCP/NCCP mitigation fees necessary for the Project, as stated in the Application. The payment also includes an amount sufficient to implement additional actions that will contribute to the recovery of endangered and threatened species (“Contribution to Recovery”). The overall payment amount is the sum of the following: Temporary Impact Development Fee: $10,129.32 5,649.72 Contribution to Recovery: $10,064.66 5,649.72 The payment must be paid in full to the Conservancy before any ground-disturbance associated with the Project occurs. Notwithstanding the above, the Parties acknowledge that the Conservancy adjusts its fee schedule annually on March 15th of each year in accordance with the fee adjustment provisions of Chapter 9.3.1 of the HCP/NCCP. If the PSE pays before March 15, 2017 2021 and construction of the Project commences before March 15, 20172021, the amount due will be as stated above. If PSE pays on or after March 15, 2017 2021 or construction of the Project does not commence before March 15, 2017, 2021 the amount due will be subject to annual fee adjustments for all fees, and subject to annual adjustments of the Contribution to Recovery based on the formula set forth in Chapter 9.3.19.3.1 for the HCP/NCCP wetland mitigation fee. Based on these adjustments, if PSE pays before March 15 of any year, but construction does not commence before March 15th 15 of that year, PSE will either be required to submit an additional payment for any increases or be entitled to a refund without interest for any decreases.

Fees and Dedications. As set forth in the Application, PSE agrees to pay the Conservancy a one-time payment of $20,193.9810,924.14, which amount includes all HCP/NCCP mitigation fees necessary for the Project. The payment also includes an amount sufficient to implement additional actions that will contribute to the recovery of endangered and threatened species (“Contribution to Recovery”). The overall payment amount is the sum of the following: Temporary Impact Development Fee: $10,129.32 5,462.07 Contribution to Recovery: $10,064.66 5,462.07 The payment must be paid in full before any ground-disturbance associated with the Project occurs. Notwithstanding the above, the Parties acknowledge that the Conservancy adjusts its fee schedule annually on March 15th 15 of each year in accordance with the fee adjustment provisions of Chapter 9.3.1 of the HCP/NCCP. If the PSE pays before March 15, 2017 2014 and construction of the Project commences before March 15, 20172014, the amount due will be as stated above. If PSE pays on or after March 15, 2017 2014 or construction of the Project does not commence before March 15, 20172014, the amount due will be subject to annual fee adjustments for all fees, and subject to annual adjustments of the Contribution to Recovery based on the formula set forth in Chapter 9.3.19.3.1 for the HCP/NCCP wetland mitigation fee. Based on these adjustments, if PSE pays before March 15 of any year, but construction does not commence before March 15th 15 of that year, PSE will either be required to submit an additional payment for any increases or be entitled to a refund without interest for any decreases.