Impact Fee Credits. The County agrees that transportation impact fee credits shall be provided to LLR LLC, with respect to the actual, reasonable cost of construction paid by LLR LLC, for the addition of lanes three (3) and four (4), only, to the LLR LLC Segment (the "LLR Fee Credit Amount"). The LLR Fee Credit Amount shall be 40 percent of the actual reasonable amount spent by LLR LLC for the four (4) lane LLR LLC Segment. As the Construction Entity, the County agrees that Amprop shall receive 100 percent impact fee credits for all sums actually and reasonably expended by it for design, permitting, and construction (but not any sums expended by others, nor any sums reimbursed by the County or others to Amprop) on the Sunlake Boulevard Pipeline Project, excluding only the construction costs for the Hillsborough Segment. In exchange, Amprop agrees that it shall be responsible for, and shall pay, any amounts necessary to complete the Sunlake Boulevard Pipeline Project that are not required to be paid by LLR LLC, or others. The County acknowledges and agrees that the S.R. 54/Sunlake Boulevard intersection, including signalization, is included within the Sunlake Boulevard Pipeline Project that is impact fee creditable to Amprop hereunder. Conversely, Amprop acknowledges that the S.R. 00/Xxxx Xxxxxxxx Xxxx intersection is not part of the Sunlake Boulevard Pipeline Project, and is not impact fee creditable hereunder. For all purposes under this DA, the determination of whether an expense is an "actual reasonable" expense eligible for reimbursement or impact fee credit shall be made by the County Administrator or his designee consistent with the County's Transportation Impact Fee (TIF) Ordinance and this DA. The County agrees to amend its CIP budget as required to provide for the TIF credits due to Amprop and LLR LLC under this DA, and to insure compliance with the TIF Ordinance, consistent with their reasonably projected project absorption rates, as determined by the County Administrator or his designee. To facilitate the budget process, each Developer (Amprop and LLR LLC, respectively) shall provide to the County Administrator or his designee, on or before June 1 of each year, commencing June 1, 2009, a good faith projection of the schedule for production of building units (residential dwellings, retail, or office square footage, etc.) for the ensuing three (3) County Fiscal Years (October 1 through September 30). In conjunction with the preparation of the County's annual CIP budg...
Impact Fee Credits. To Seller’s knowledge, there are no impact fee credits available with respect to the Property. Except for any assessments or costs that may be imposed on the development of the Property and except for any taxes or assessments which may hereafter be levied on the Property due to a change in usage or ownership Seller has received no written notice of any pending or contemplated special assessments with respect to the Property and has no knowledge of any pending or being contemplated. Seller has received no written request from any governmental entity with regard to dedication of the Property or any part thereof and has no knowledge of any donations or payments to or for schools, parks, fire departments or any other public entity which are required to be made by the owner of the Property other than as set forth in the ad valorem tax bills or public utility bills applicable to the Property.
Impact Fee Credits. Landlord hereby assigns to Tenant any and all impact fee credits, fee waivers or rebates provided, or which may be provided, by the City of Phoenix or the State of Arizona in connection with the location of Tenant’s business operations within the Premises. In the event that Landlord receives the benefit of any such impact fee credits, fee waivers or rebates as a result of the location of Tenant’s business within the Premises, Landlord shall promptly remit to Tenant the benefit to Tenant in the form of a check, net of any costs incurred by Landlord to obtain, maintain or otherwise relating to the benefits.
Impact Fee Credits. Pursuant to Ordinance No. 87-57, as amended, the County requires any person who seeks to develop land within St. Xxxxx County, as evidenced by such person's application for a building permit or certificate of occupancy, to pay a Road Impact Fee so as to assure that such new development bears a proportionate share of the cost of capital expenses necessary to provide roads in St. Xxxxx County.
Impact Fee Credits. The City agrees to establish a transportation impact fee credit account for the Project in the name of Developer, its successors and assigns, for 100% of the Transit Payment. Developer may transfer such impact fee credits in the account to purchasers of lots within the Project. Such impact fee credits shall be awarded to Developer within fifteen (15) days of Developer making each installment of the Transit Payment. If constructed prior to approval of the plat containing the 500th single-family dwelling unit or trip equivalent, any excess capacity generated by Roads A2 and B/Medulla Road Extension, as determined relative to buildout traffic of Project, shall be eligible for City transportation impact fee credits. Developer shall receive transportation impact fee credits for the dedication of the Roundabout Area consistent with Section C.4 of this Agreement. The costs of signalization of the Xxxxxx Road and Xxxxx Road intersections shall not be eligible for City transportation impact fee credits, but instead shall be the subject of a fair-share funding agreement with other adjacent developments, such as Xxxxxx Creek Preserve and Riverstone. The determination of City transportation impact fee credits shall include the actual costs of design, engineering, permitting and construction and shall be made in accordance with the applicable City Ordinances in place at the time an application for credits is received by the City or County. Developer required project access improvements are not eligible for Impact Fee Credits.
Impact Fee Credits. Developer shall receive credits against its Impact Fee obligations that would otherwise be payable or apply in connection with the development and construction of the Project (“Fee Credits”) in accordance with the provisions of the City’s Public Facilities Impact Fee Credits Policy (“Fee Credits Policy”) and this Agreement. In the event of any conflict between the Fee Credits Policy and this Agreement, the terms and provisions of this Agreement shall control. To the extent the Fee Credits Policy requires that the issuance of any Fee Credits be approved in advance by the City Council, this Agreement shall constitute and serve as the City Council’s approval of the Fee Credits for the Project. Developer shall have the right to assign and transfer Fee Credits set forth in Sections 3.6.4.1, 3.6.4.2, 3.6.4.3, 3.6.4.4, and 3.6.4.5, below to successor owners of all or any portion of the Property, including any Merchant Builders.
Impact Fee Credits. Any impact fee credits earned as of the Expiration Date shall continue to be available to Developer or Developer’s designee after such Expiration Date.
Impact Fee Credits a. The total Road Impact Fee Credits awarded to Mill Creek for use on the Development Property is $85,000.00. The total amount of Road Impact Fee Credits available shall be limited to the amount of Road Impact Fees due for the Development Property.
b. Mill Creek may sell, transfer, assign, or convey all or part of its allocation of Road Impact Fee Credits to a purchaser, transferee, assignee or grantee for use only within the Development Property for such consideration as Mill Creek determines. In such event, Mill Creek shall execute and deliver to the County a copy of the instrument selling, transferring, assigning or granting its allocation of the Road Impact Fee Credits, or portion thereof to a Feepayer. Mill Creek and Xxxxxx acknowledge that only one Road Impact Fee Credit account may exist at any given time for the Development Property.
c. Mill Creek shall issue vouchers to Feepayers within the Development Property that contain a statement setting forth the amount of Road Impact Fees paid, an example of which is attached as Exhibit “B” to this Agreement.
Impact Fee Credits. SED shall be immediately eligible to receive transportation impact fee credits pursuant to Chapter 56 of the Orlando City Code (“TIF Credits”) and Sewer Benefit Fee Credits pursuant to Chapter 30 of the Orlando City Code based on the prior use represented by the Orlando Police Department headquarters and the retail space in the Church Street Garage. Regarding TIF Credits, SED shall be specifically eligible to receive Six Hundred Seventeen Thousand One Hundred Seventeen and 54/100 Dollars ($617,117.54).
Impact Fee Credits. Developer shall have the option in its sole discretion, but not the obligation, to undertake the permitting or construction of any of the Future Transportation Facilities or Doverplum Avenue from Koa Street to County Club Road. The potential for the Developer to receive impact fee credits shall be governed by Ordinance No. 2003-24 and Ordinance No. 06-53, as amended and supplemented.