PAYMENTS TO THE TOWN. 18.1 The Owner shall pay to the Town a fee for the preparation of this Agreement and shall pay an administration fee as outlined in Schedule “D” attached hereto. Inspection fees are not included under this paragraph and shall be paid by the Owner in accordance with Section 4.4 herein. The Owner shall pay to the Town all legal fees associated with this Agreement. Legal fees and inspection fees will be billed to the Owner on a quarterly basis where applicable.
PAYMENTS TO THE TOWN. The Owners agree to pay to the Town the amounts set out in Schedule ‘D’ hereto. The Owners further acknowledge the Town’s right and requirement to assess levies on all lots and blocks of this development. The Owners agree that in the event the proceeds received by the Town pursuant to Schedule ‘E’ are not required, or likely to be required wholly, or in part, by reason of the Owners undertaking this development, such proceeds may then be expended for such other general or specific purposes that the Town shall, at its absolute discretion, determine.
PAYMENTS TO THE TOWN. The Developer shall pay to the Town an annual administrative fee equal to 1/2% of the Tax Increment paid by the Town to the Developer pursuant to this Agreement in the year in question, which payment shall be made in equal installments each year in the form of a setoff on the same dates as the Tax Increment for that year is paid by the Town to the Developer.
PAYMENTS TO THE TOWN. 1. Beginning on the later of July 15, 2017 or ninety (90) days after the Opening and annually on such date thereafter for so long as the Gaming License shall continue in effect, the Developer shall pay an amount equal to Two Million Dollars ($2,000,000) as a Community Impact Fee, as contemplated by Section 15(9) of Chapter 23K. The Community Impact Fee shall be paid as follows:
PAYMENTS TO THE TOWN. A. Within ten (10) business days after all of the conditions set forth in Sections IV(B)(1) through IV(B)(4) have been satisfied for a PIIP to be funded under this Agreement, and provided that TPT funds identified under A.R.S. § 42-5075(H) are available, ADOR shall provide written notice to the State Treasurer, with a copy to the Town, to begin making payments to the Town under this Agreement.
PAYMENTS TO THE TOWN. Minimum acceptable licensee fee shall be $2,500 per month. Upon acceptance of a proposal, by the Board of Selectmen, execution of the license agreement, and receipt of payment for the entire Year 1, license fee, licensee may then proceed with construction of improvements on the Right of Way. Subsequent license payments shall be due monthly, on the dates specified in the License Agreement.
PAYMENTS TO THE TOWN. The Company shall pay to the Town an annual administrative fee equal to 1/2% of the Tax Increment paid by the Town to the Company pursuant to this Agreement in the year in question, which payment shall be made in equal installments each year in the form of a setoff on the same dates as the Tax Increment for that year is paid by the Town to the Company.
PAYMENTS TO THE TOWN. The Owner covenants and agrees to pay to the Town the amounts set out in Schedule “F” hereto. The Owner further acknowledges the Town’s right and requirement to assess levies on all lots and blocks within the plan of subdivision. The Owner agrees that in the event the payments received by the Town pursuant to Schedule “F” are not required, or likely to be required wholly, or in part, by reason of the Owner undertaking the development of the plan of subdivision, such proceeds may then be expended for such other general or specific purposes as the Town shall, at its absolute discretion, determine.
PAYMENTS TO THE TOWN. The Owners agree to pay to the Town the amounts set out in Schedule “F” hereto. The Owners agree that in the event the proceeds received by the Town pursuant to Schedule “F” are not required, or likely to be required wholly, or in part, by reason of the Owners undertaking this development, such proceeds may then be expended for such other general or specific purposes that the Town shall, at its absolute discretion, determine.
