Common use of Mandatory Prepayment of Phase #3 Assessments Clause in Contracts

Mandatory Prepayment of Phase #3 Assessments. ▇▇▇▇▇▇▇▇▇ agrees and acknowledges that Landowner or subsequent landowners may have an obligation to prepay a Phase #3 Assessment upon the occurrence of a mandatory prepayment event, at the sole discretion of the City and as provided in the Service and Assessment Plan, as amended or updated.

Appears in 6 contracts

Sources: Landowner Agreement, Landowner Agreement, Landowner Agreement