For CAC Properties currently within unincorporated Larimer County Sample Clauses

For CAC Properties currently within unincorporated Larimer County a. For Developed Properties, and for Undeveloped Properties for which a development proposal has been approved by Larimer County between the effective date of this Ordinance and the effective date of the annexation of the property to the City, both the Proximity Component and the Trip Generation Component of the fee shall be payable in equal quarterly installments within ninety (90) days after the effective date of the annexation, and the last such installment shall be due and payable no later than seven (7) years thereafter. The Trip Generation Component shall be based upon the approved development plan that exists as of the date of the annexation. b. For Undeveloped Properties for which no development proposal has been approved prior to the date of annexation, the first installment of the Proximity Installment of the Fee shall be due and payable within ninety (90) days of the effective date of annexation, and the last installment shall be due and payable no later than seven (7) years thereafter. The first installment of the Trip Generation Component shall be due and payable ninety (90) days after the date of the City’s final approval of any Development Proposal for such property, and the last installment shall be due and payable no later than seven (7) years thereafter. c. For the purposes of this Subsection (d)(2), the effective date of annexation shall be as provided in C.R.S. Section 00-00-000.
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Related to For CAC Properties currently within unincorporated Larimer County

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