Common use of Real Estate Taxes and Special Assessments Clause in Contracts

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer shall be responsible for all taxes post-closing, if any; and b. All special assessments, if any, shall be paid by Developer. To the City Clerk’s actual knowledge as of the date of this Agreement, there will be no special assessments against the Development Property between the date of this Agreement and the Closing.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer shall be responsible for all property taxes post-closing, if any; and. b. All The City shall pay all installments of special assessmentsassessments which are a lien on the Property and, if anynot paid, would become delinquent during the calendar year this Lease Purchase Agreement is entered, and all prior installments thereof. c. All other special assessments due prior to the Commencement Date shall be paid by Developer. To the City Clerk’s actual knowledge as of the date of this Agreement, there will Developer and shall be no special assessments against the Development Property between the date of this Agreement and the Closinga Project Cost.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer ; therefore, there will be no proration or credit of real estate taxes at Closing and Owner shall be responsible for all taxes post-closingClosing, if any; and b. All special assessments, if any, assessed post-Closing shall be paid by Developer. To the City Clerk’s actual knowledge as of the date of this Agreement, there will be no special assessments against the Development Property between the date of this Agreement and the ClosingOwner.

Real Estate Taxes and Special Assessments. a. The Development Property is currently tax-exempt while owned by the City. Developer shall be responsible for all taxes post-closingClosing, if any; and b. All special assessments, if any, assessed post-Closing shall be paid by Developer. To the City Clerk’s actual knowledge as of the date of this Agreement, there will be no special assessments against the Development Property between the date of this Agreement and the Closing.