Off-Site Levy on Development Sample Clauses

Off-Site Levy on Development. Off-site Levy charges are not applicable for this Agreement. OR For this Agreement, the Developer has elected to pay the total Off-site Levy payment amount on signing the Agreement. The total Off-site Levy payment amounts for this Development are as follows: OR For this Agreement, the Developer has elected to pay 25% of the Off-site Levy payment amount on signing the Agreement, and to defer payment of the remaining 75% for one year as detailed in Part Three of this Agreement. Interest at the rate noted below to be applied to the Deferred Payment Amount. The Off-site Levy payment amounts for this Development are as follows: Enter 25% if Xxxxxxxxx has elected to defer payment of the Off-site Xxxxxx as noted in the following statement. 100% Use the current Alberta Capital Finance Authority (ACFA) 3-Year rate plus one half of a percent as the interest rate to be applied to deferred payments. (See the ACFA website - xxx.xxxx.xxx.xx.xx - for current rate.) Enter Interest Rate in Cell H26. Current Rate Admin. Fee 0.500% Total Rate 0.500% .2 Total Off-Site Levy Amounts on Development Item Area Rate/ha Total Cost a. Trunk Water 0.000 $15,553 $0.00 b. Trunk Sanitary 0.000 $33,484 $0.00 c. Trunk Storm 0.000 $73,176 $0.00 d. Major Thoroughfare 0.000 $115,690 $0.00 Total Off-site Levy: Development $237,903 $0.00 “Subdivision Name and Phase Number”
Sample 1
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Related to Off-Site Levy on Development

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  • PHASED DEVELOPMENT 15.1 The Seller reserves to itself, and to its successors in title as Developer, all such rights as are provided for in section 25 of the STA, to erect and complete a phased development on the Land from time to time, but no later than 15 (fifteen) years from the date of opening of the Sectional Title Register, for its personal account.

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