Impact Fee Credit. 3.1 The Developer desires to reduce the amount of the Impact Fees due and owing by means of (1), the construction, funding, or contribution of system improvements as set forth in Section 3.2(A) below and/or (2) the grant and conveyance of real property as set forth in Section 3.2(B) below. The initials below indicate whether Section 3.2(A) and/or Section 3.2(B) are applicable: Applicability of Section 3.2(A) below: Applicability of Section 3.2(B) below: Construction, Funding, or Contribution Grant and Conveyance of Real Property of System Improvements ACHD Initials: Developer Initials: ACHD Initials: N/A Developer Initials: N/A
Impact Fee Credit. The development of the Property shall comply with the transportation concurrency management requirements established in the City of Port Orange Comprehensive Plan and LDC. Nothing in this Agreement shall be construed as a waiver by the Owners of their right to pursue impact fee credits for any and all work performed by Owners for which impact fee credits can be awarded.
Impact Fee Credit. The Credit Receiving Entity shall be eligible for transportation impact fee credits for actual reasonable design, engineering, inspection, permitting, right-of-way acquisition, and construction costs or payment in lieu of such costs for the S.R. 54 Pipeline Project, as detailed in this DA and the TIF Ordinance. Reasonable design, engineering, inspection, permitting, right-of-way acqui- sition, and construction costs shall be determined by the County Administrator or his designee. In no event shall such transportation impact fee credit exceed the lesser of actual construction costs or the estimated construction costs assumed in Exhibit B. For Fiscal Year 2008, the COUNTY agrees to provide impact fee credits equivalent to twenty-five (25) single-family detached units. For Fiscal Year 2009, the COUNTY agrees to provide impact fee credits equivalent to 275 single-family detached units, 30 condominium units, and 21,780 square feet of commercial. The amount of each credit will be determined at the time of application for the Building Permit based upon the impact fee schedule in effect at that time. The issuance of credits shall be limited by the provisions in Section 8.a above and must be in accordance with the TIF Ordinance. The DEVELOPER and/or the Credit Receiving Entity shall, on or before June 1 of each year, provide to the County Administrator or his designee an updated schedule of production for the remainder of the Project. The production schedule must show the number of anticipated units for all residential uses and the anticipated square footage for both commercial and office. In conjunction with the preparation of the COUNTY'S annual CIP budget, the County Administrator or his designee shall, on or before October 1, communicate to the DEVELOPER and/or the Credit Receiving Entity the anticipated number of units that have been included in the CIP budget for the next three (3) fiscal years. Once the DEVELOPER and/or the Credit Receiving Entity has received impact fee credits equal to the expenditures for the two Pipeline Projects, the requirement of updating the production schedule shall be eliminated. In the event the DEVELOPER fails to provide an updated production schedule on or before June 1 of any year, the COUNTY shall not be obligated to communicate, on or before October 1, the results of the CIP budget to the DEVELOPER.
Impact Fee Credit. As consideration for the applicant’s Proportionate Share Mitigation specified herein, the Parties agree that the County shall provide impact fee credit pursuant to the methodology specified in the School Impact Fee Ordinance or pursuant to general law, to the extent of a conflict between them (as may be modified from time to time).
Impact Fee Credit. (A) Any Proportionate Share Mitigation paid pursuant to this Agreement shall be credited on a dollar-for-dollar basis at fair market value toward any Educational System Impact Fees due for the same residential development included in the Development Permit Application, as provided in Section 10.7 of the Interlocal Agreement or as provided in Section 163.31801, Florida Statutes, as it is in effect of the Effective Date of this Agreement. (B) The fair market value of the Proportionate Share Mitigation is expected to be $1,347,132.00, but is subject to adjustment in accordance with Section 4(C) above. The School District shall notify the County of the amount of the above described Proportionate Share Mitigation, and shall request Educational System Impact Fees credits in such amount on behalf of the Applicant upon receipt of the Proportionate Share Mitigation.
Impact Fee Credit. The Owners agree that any credit towards the payment of the City’s Impact Fees shall be determined by State law and the City Code at the time of assessment.
Impact Fee Credit. As consideration for the Applicant’s Proportionate Share Mitigation specified herein, the Parties agree that the County/City shall provide a credit of $ .00 toward any impact fee or exaction imposed by ordinance of the County/City for the same need. (NOTE: Above, specify the amount to be credited and the impact fee or exaction that the proportionate share mitigation is to be credited against. Also, specify any remaining impact fees or exactions that may still be due.)
Impact Fee Credit. As consideration for the Developer’s Proportionate Share Mitigation specified herein, the Parties agree that the City shall provide a credit of $1,967,552.00 for the Development Proposal, or $936.93 per dwelling unit, toward any school impact fee or exaction imposed by ordinance of the City or Clay County for the same need. Should the school impact fee or exaction be greater than the above-described credit, the Developer shall pay the difference at the time school impact fees are due. The Developer shall provide a school impact fee voucher substantially in the form of “Exhibit C” to the City and/or County, at the time of impact fee payment. Should the school impact fee or exaction be less, the Developer shall not be entitled to the use of any excess credits. Should school impact fees be pre- paid in order to extend the Final Certificate of Concurrency, any remaining balance due on the Proportionate Share Mitigation shall be paid at the time of final subdivision approval. Provided, however nothing in this Agreement shall be deemed to require the City to continue to levy or collect School Impact Fees, or, if levied, to levy them for any certain amount.
Impact Fee Credit. As consideration for the Applicant’s Proportionate Share Mitigation specified herein, the Parties agree that the County shall provide a credit of $ for the Development Proposal, or $ per dwelling unit, toward any school impact fee or exaction imposed by ordinance of the County for the same need. Should the school impact fee or exaction be greater than the above described credit, the Applicant shall pay the difference at the time school impact fees are due. The Applicant shall provide a school impact fee voucher substantially in the form of "Exhibit C" to St. Xxxxx County, at the time of impact fee payment. Should the school impact fee or exaction be less, the Applicant shall not be entitled to the use of any excess credits. Should school impact fees be pre-paid in order to extend the Final Certificate of Concurrency, any remaining balance due on the Proportionate Share Mitigation shall be paid at the time of final subdivision approval. Provided, however nothing in this Agreement shall be deemed to require the County to continue to levy or collect School Impact Fees, or, if levied, to levy them for any certain amount.
Impact Fee Credit. The Credit Receiving Entity shall be eligible for TIF credits for the Credit Receiving Entity’s actual reasonable design, engineering, inspection, permitting, right-of- way acquisition and construction costs, or payment in lieu of such costs, for the Pipeline Project Nos. 1,through 8 and that portion of Pipeline Project No. 7 determined by the COUNTY to qualify for TIF credit as detailed in this DA and the TIF Ordinance. Reasonable design, engineering, inspection, permitting, right-of- way acquisition, and construction costs shall be determined by the County Administrator or his designee. In no event shall such TIF credit exceed the lesser of actual costs incurred or the estimated construction costs assumed in Exhibit B of this DA (Exhibit G of the DO), except as set forth above for Pipeline Projects No. 1 and
