Fiscal Impacts. 5.9.1. The University and Town agree that the University, the State, or Carolina North Project tenants shall bear the cost of Town services required by the Carolina North Project. The Carolina North Project shall be either revenue positive or revenue neutral for the Town.
Fiscal Impacts. There would be no fiscal impact to the city budget. Funds for Homestead have been budgeted in Fiscal Year 2003-2004. Recommendations At their July 22 meeting, the Urbana Community Development Commission recommended this agreement for city council approval. Community Development staff also recommend city council approval of this agreement. Memorandum Prepared By: Xxxxxxx X. Xxxxxxx Grants Coordinator II Attachments:
Fiscal Impacts. Maintenance has budgeted sufficient funds in the FY2016 budget. Account 547-4350 Staff Recommendation: Staff recommends the ACHD Commission approve and president execute the FY2016 Bulk Fuel Piggyback Purchase Agreement MD-335 with United Oil for FY2016. The estimated annual contract amount is not to exceed $1,100,000.00.
Fiscal Impacts. The proposed Agreement would have no fiscal impacts upon the City. Staff time and resources to notify District staff regarding annexation activity is negligible. Properties that are annexed into the MTD boundaries would have an increase in property tax consistent with the District’s tax rate. Recommendations Staff recommends adoption of the Intergovernmental Agreement as attached. Attachments:
Fiscal Impacts. There are no financial impacts to the City with either the TACO Agreement or the Groundwater Restriction Ordinance.
Fiscal Impacts. There would be no financial impacts to the City since the maintenance and repair of the walkway are solely at Mr. and Xxx. Xxxxxx’x expense. Additionally, Mr. and Xxx. Xxxxxx are indemnifying the City against any losses, claims, etc. resulting from the walkway.
Fiscal Impacts. No portion of the developed Property normally subject to ad valorem property taxation shall be exempt from taxes or shall have improvements on said Property which are tax-exempt or owned by any entity that is, under federal or state taxation law, considered to have tax-exempt status. Section 5.5 (a) shall not apply to any public rights of way, property dedicated to and accepted by the Town of Chapel Hill, or any tax-exempt entity that provides payments in lieu of ad valorem property taxes owed to the Town and County in an amount equal to the amount of taxes that such an entity would otherwise be required to pay to the Town and County if such an entity were not considered to be tax-exempt. Pursuant to [OBEY CREEK: Check reference - Section 5.20(d)(1) (Annual Report on tax status)] of this Agreement, the Developer Owners and Parcel Owners, if any, or the Representative on behalf of the Developer Owners and Parcel Owners, if any, shall inform the Town in the Annual Report as to whether the Developer Owner of each building located within the Property is considered to be tax-exempt. Design Standards and Public Art. Design Standards for transparent window coverage, drive-through windows, signage (including Wayfinding signage), waste collection and loading functions, green building features, and other building and site design details are detailed in the Exhibit B. Public Art in the Property, if provided, shall be installed and maintained by the Developer Owners or Representative. Public Art installations that occur will be in a place visible by and to the public whenever possible. The Developer Owners or Representative will consult with the Town of Chapel Hill Public and Cultural Arts Office to discuss options for public art as the Development moves forward. Additional information included in Exhibit B.
Fiscal Impacts. The developer would be responsible for all costs associated with building the parking area. The City may in the future reconstruct Maple Street as part of a Capital Improvement Project. RECOMMENDATION
Fiscal Impacts. The only fiscal impact will be the initial labor cost for the installation of the stop signs. The current sign inventory has an adequate number of fold-down stop signs required for these IDOT intersections. No additional monies for material are required. RECOMMENDATION It is recommended that “An Ordinance Approving and Authorizing the Execution of an Agreement with the Illinois Department of Transportation” be approved. WRG:klf Attachment: Supplemental Agreement ADMINISTRATION · ARBOR · ENGINEERING · ENVIRONMENTAL MANAGEMENT EQUIPMENT SERVICES · OPERATIONS · PUBLIC FACILITIES -- printed on recycled and recyclable paper -- ORDINANCE NO. 0000-00-000 AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF AN INTERGOVERNMENTAL SUPPLEMENTAL AGREEMENT WITH THE ILLINOIS DEPARTMENT OF TRANSPORTATION (Installation of Fold-Down Stop Signs) NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF URBANA, ILLINOIS, as follows:
Fiscal Impacts. Lower energy costs for homes and businesses. There is the potential for this program to be a net revenue generator with the program paying for itself in the second or third year.
