Common use of Future Cost Responsibilities Clause in Contracts

Future Cost Responsibilities. Owner understands and acknowledges that the proposed development of the Property shall be subject to the payment of impact fees and Owner agrees to pay said impact fees if development occurs. Owner understands that based upon the City’s standard formula for calculating such costs the City believes that no funds will be required to be paid to the District.

Future Cost Responsibilities. Owner understands and acknowledges that the proposed development of the Property shall be subject to the payment of impact fees and Owner agrees to pay said impact fees if development occurs. Owner understands that based upon the City’s standard formula for calculating such costs the City believes that no funds will be required to be paid to the District.

Future Cost Responsibilities. Owner understands and acknowledges that the proposed development of the Property shall be subject to the payment of impact fees Impact Fees and Owner agrees to pay paid said impact fees Impact Fees if development occurs. Owner understands that based upon the City’s standard formula for calculating such costs the City believes that no funds will be required to be paid to the District.

Future Cost Responsibilities. Owner understands and acknowledges that the proposed development of the Property shall be subject to the payment of impact fees and Owner agrees to pay said impact fees Impact Fees if development occurs. Owner understands that based upon the City’s standard formula for calculating such costs the City believes that no funds will be required to be paid to the District.