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

Mandatory Prepayment of Phase #3 Assessments. Xxxxxxxxx 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

Samples: Landowner Agreement, Landowner Agreement, Landowner Agreement

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