Park Impact Fees Sample Clauses

Park Impact Fees. All impact park fees are to be expended by the Village to pay for capital costs for such park development for which the fees were imposed, under the above provisions, within seven (7) years from collection or are to be refunded to the current owner of lands upon which the fees were collected; provided, however, the seven (7) year limit may be extended for three (3) additional years if the Village Board adopts a resolution stating that due to extenuating circumstances or hardship in meeting the seven (7) year limit, specifying the extenuating circumstances or hardship, it needs an additional three (3) years to use the park impact fees. (Ord. 407 – 9/5/06) Amended per Ord. 413 – 1/16/07)
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Park Impact Fees. No Park Impact Fees for any component of Project.
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Park Impact Fees. All impact park fees are to be expended by the Village to pay for capital costs for such park development for which the fees were imposed, under the above provisions, within seven (7) years from collection or are to be refunded to the current owner of lands upon which the fees were collected; provided, however, the seven
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Park Impact Fees. Section 7 of the Agreement shall be amended as follows: City Contribution. To the extent that the City collects Park Impact Fees from developers during the term of this agreement and any portion of those Park Impact Fees are attributable to construction of the Improvements, the City shall transfer those impact fees to the District not less than one time per year and the District shall apply the full amount of any such transfer either directly against the outstanding bond levy principal balance or against actual construction costs associated with the Improvements more fully described in Exhibit A-1 and A-2 to this Agreement.
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Park Impact Fees. The City shall not charge Developer Park Impact Fees based on Developer’s dedication and construction of Regional Park’s and associated improvements as more fully set forth in this MDA. To ensure that the Regional Park’s improvements are completed, beginning on the first Phase of the Project and continuing until Developer has completed the Regional Park’s improvements, Developer shall pay the City an amount equal to the then-current park impact fees upon platting each lot within the Project that the City will hold in the Park Escrow Account. Developer can draw on the Park Escrow Account to pay for construction of the Regional Park’s improvements. If Developer fails to complete the Regional Park’s improvements prior to expiration of the term of this MDA, then (i) Developer shall be deemed to release any right to all remaining funds in the Park Escrow Account and (ii) the City shall transfer all remaining funds in the Park Escrow Account into the City’s general park impact fee fund. In the event there are funds remaining in the Park Escrow Account after all improvements in the Regional Park are completed and accepted by the City, all remaining funds shall be returned to the Developer. The parties acknowledge that the escrow fund contemplated in this subsection is intended only to provide collateral for the City to ensure the completion of the Regional Park’s improvements and that it does not replace or amend the Developer’s obligation to complete the Regional Park with its improvements at the Developer’s sole costs and expense. The parties further understand and agree that the balance of the fund shall not be deemed or considered as evidence to be used to establish the value of either the burden or benefit of parks and facilities contemplated by the development, as there are numerous factors outside of the City’s current Park Impact Fees that the parties have taken into consideration in entering into this MDA and reaffirm their understanding and agreement that there is an essential link between the City’s interest in developing open space for the public and that the benefit provided to the City is roughly proportionate, both in nature and extent to the burden created by the Development.
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Park Impact Fees. The City and Developer hereby agree that if the Project is subdivided, the Developer shall pay the current park impact fee of thirteen thousand and eight hundred twenty nine dollars ($13,829.00) per dwelling unit (“Park Impact Fees”). Moreover, the Public Infrastructure Improvement Contribution set forth in paragraph 5 shall be credited against the Developer’s Park Impact Fees.
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Park Impact Fees. The City may wish to contribute park impact fees to improvements to the Property from time to time. The parties will agree on such contributions prior to the City making such contributions but no further amendments to this Agreement shall be required other than a Motion by the North Bend City Council authorizing such distribution and inclusion of such expenditure in the City’s budget.
Sample 1
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Related to Park Impact Fees

  • Impact Fees Impact Fees or modifications thereto which are lawfully adopted, and imposed by the City and which meet all requirements of the U. S. Constitution, Utah Constitution, law and applicable statutes, including but not limited to Utah Code Xxx. Section 11-36a-101 (2021) et seq.;

  • Development Fees The character and amount of any fee, charge or other consideration which must be paid by Donee to develop any Property.

  • Use Fees In consideration of use of the Facilities, User shall pay MIT a fee according to the MIT.nano Facility Rate Chart, reflected on the MIT.nano website. Fees will be due and payable within 30 days following the receipt of MIT’s invoice and shall be paid in US Dollars, excluding taxes, withholding or impost of any kind. Please refer to Exhibit A for payment instructions.

  • Permit Fees All Permit fees paid to regulatory agencies for approvals directly attributable to the Project. These permit fees do not include those permits required to be paid by the construction Contractor.

  • Support Fees The payment as provided on the applicable Order or on AvePoint’s invoice to Customer is payable prior to the commencement of any services hereunder. In the event of on-site services requested by Customer, Customer agrees to reimburse AvePoint for any and all pre-approved or reasonable and necessary direct expenses incurred by AvePoint for purposes of performing such on-site services (including travel and living expenses). Where an annual payment for multi-year Support Terms has been agreed between the Parties, AvePoint, within its reasonable discretion, shall invoice the Customer approximately forty-five (45) days prior to the beginning of each annual period. Due dates and late payment consequences shall apply as set forth in Sections 3.1 and 3.2 of the Agreement.

  • Franchise Fees Lessee will maintain in full force and effect, and pay or cause to be paid all fees and other charges payable pursuant to, any Franchise Agreement with respect to the Hotel.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • ATM Fees If you use an ATM to obtain a cash advance and the ATM is not operated by us, you may be charged an ATM surcharge by the ATM operator or an ATM network utilized for such a transaction. The ATM surcharge may be charged to your account if you complete the transaction.

  • DEVELOPMENT CHARGES The Owner agrees to pay development charges with respect to the development in accordance with the Municipality's Development Charges By-Law.

  • TENANT FEES Owner agrees that the Agent may receive and keep fees and charges from tenants for:

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