Common use of Interim Wildland Fire Protection Costs Clause in Contracts

Interim Wildland Fire Protection Costs. Developer and City acknowledge City may enter into a wildland fire protection agreement with the California Department of Forestry and Fire Protection to provide wildland fire protection within the Specific Plan area until such protection is no longer needed to serve the Specific Plan Area. Developer hereby agrees: 1. To reimburse City for its fair share of the cost of securing such wildland fire protection for each acre within the Property requiring wildland fire protection as determined by the wildland fire protection agreement. 2. The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Esplanade at Turkey Creek Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year. 3. Developer shall be required to reimburse the City for any prior years of protection coverage purchased by the City, plus interest, for the Project Property acreage plus 40% of the Project Property acreage. 4. Said reimbursement shall be delivered to City by February 1 each year following the Effective Date of this Agreement. 5. Payment of wildland fire protection costs shall be required until the Property no longer requires wildland fire protection as determined by the City of Lincoln, at which point Developer’s annual payment obligation under this Section shall cease.

Interim Wildland Fire Protection Costs. Developer and City acknowledge City may enter into a wildland fire protection agreement with the California Department of Forestry and Fire Protection to provide wildland fire protection within the Specific Plan area until such protection is no longer needed to serve the Specific Plan Area. Developer hereby agrees: 1. To reimburse City for its fair share of the cost of securing such wildland fire protection for each acre within the Property requiring wildland fire protection as determined by the wildland fire protection agreement. 2. The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Esplanade at Turkey Creek Xxxxxx Ranch Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year. 3. Developer shall be required to reimburse the City for any prior years of protection coverage purchased by the City, plus interest, for the Project Property acreage plus 40% of the Project Property acreage. 4. Said reimbursement shall be delivered to City by February 1 each year following the Effective Date of this Agreement. 5. Payment of wildland fire protection costs shall be required until the Property no longer requires wildland fire protection as determined by the City of Lincoln, at which point Developer’s annual payment obligation under this Section shall cease.

Interim Wildland Fire Protection Costs. Developer and City acknowledge City may enter into a wildland fire protection agreement with the California Department of Forestry and Fire Protection to provide wildland fire protection within the Specific Plan area until such protection is no longer needed to serve the Specific Plan Area. Developer hereby agrees: 1. To reimburse City for its fair share of the cost of securing such wildland fire protection for each acre within the Property requiring wildland fire protection as determined by the wildland fire protection agreement. 2. The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Esplanade at Turkey Creek La Xxxxx Xxxx Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year. 3. Developer shall be required to reimburse the City for any prior years of protection coverage purchased by the City, plus interest, for the Project Property acreage plus 40% of the Project Property acreage. 4. Said reimbursement shall be delivered to City by February 1 each year following the Effective Date of this Agreement. 5. Payment of wildland fire protection costs shall be required until the Property no longer requires wildland fire protection as determined by the City of Lincoln, at which point Developer’s annual payment obligation under this Section shall cease.

Interim Wildland Fire Protection Costs. Developer and City acknowledge City may enter into a wildland fire protection agreement with the California Department of Forestry and Fire Protection to provide wildland fire protection within the Specific Plan area until such protection is no longer needed to serve the Specific Plan Area. Developer hereby agrees: 1. To reimburse City for its fair share of the cost of securing such wildland fire protection for each acre within the Property requiring wildland fire protection as determined by the wildland fire protection agreement. 2. The amount of the reimbursement owed by Developer shall be calculated by taking the total number of developable acres within the Esplanade at Turkey Creek Epick Three Project property (Developable Acreage), plus 40% of the Developable Acreage, and multiplying the sum by the CALFIRE Total Protection Rate (cost per acre) in effect for the coverage year. 3. Developer shall be required to reimburse the City for any prior years of protection coverage purchased by the City, plus interest, for the Project Property acreage plus 40% of the Project Property acreage. 4. Said reimbursement shall be delivered to City by February 1 each year following the Effective Date of this Agreement. 5. Payment of wildland fire protection costs shall be required until the Property no longer requires wildland fire protection as determined by the City of Lincoln, at which point Developer’s annual payment obligation under this Section shall cease.