Special Service Area. The City may establish a special service area encompassing the Redevelopment Site solely as a backup source to fund any gap between the tax increment generated by the Redevelopment Site and the payments necessary to make the bond payments when they become due and to retire the bond obligations in keeping with the bond repayment schedule as provided in Section 2.16(c).
Special Service Area. The City may establish Aa special service area encompassing the Redevelopment Site solely as a backup source to fund any gap between the tax increment generated by the Redevelopment Site and the payments necessary to make the bond payments when they become due and to retire the bond issues obligations in keeping with the bond repayment schedule in place as provided in Section 2.16(c).
Special Service Area. A back-up Special Service Area for the stormwater basin shall be required per the Xxxx County Stormwater Ordinance.
Special Service Area. In addition to the Dormant Special Service Area set forth in Section 14, the Village shall create a Special Service Area to provide for the police services unique to the Park (the “Compass SSA”). The amount of the Special Tax for police services shall be determined by the Village and shall include the cost of salaries, equipment and other items necessary to provide adequate law enforcement services to the Park. The Compass SSA shall also provide funds for the repair, maintenance and reconstruction of all public roads and the Bridge in the Park (collectively, “Park Road Maintenance”). The tax shall include reimbursement to the Village of the costs of actual Park Road Maintenance which shall include the costs of engineering, design and construction supervision. Additionally, the Compass SSA tax shall provide for the costs associated with implementation and administration of the Compass SSA including, but not limited to, consultants, engineer’s cost, reasonable attorney’s fees and other costs and expenses reasonably necessary to administer the Compass SSA. The Special Taxes shall be levied on a “rate and method” basis in conformance with a Special Tax Roll prepared by the Village. Neither the current or future owners, tenants or occupants of the Park shall object to the levy of Special Service Area Taxes in conformance with this Agreement and the Special Tax Roll. B uilding Permit Fees. At the time of issuance by the Village of the permit for building shell construction East Gate shall pay to the Village the following fees: Building Permit Fee - $0.25 per square foot of building Sanitary Connection Fee - $0.24 per square foot of building Fire Suppression System Fee - $0.11 per square foot of building Sign Permit Fee – Per Village ordinance There shall be no other fee, payment, or reimbursement of any kind due from East Gate for the construction of the building or its associated site improvements. O verweight Permit Fees and Village Public Infrastructure Account. O verweight Permit Fees. Commencing in the calendar year in which the Initial Contribution is made by East Gate to the Village and then continuing thereafter for the Term of this Agreement, the Village shall deposit into the Village Public Infrastructure Account (a) $1,500,000 of the fees (the “Overweight Fees”) collected by the Village pursuant to the Village’s Overweight Ordinances, as the same may be amended, in that calendar year and (b) fifty (50%) of the incremental increase in Overweight Fees c...
Special Service Area. The Developer hereby consents to the Village’s establishment of a Special Service Area (“SSA”) after the Developer takes title to the Subject Property. The SSA will encompass the Subject Property and will generate revenue sufficient to pay any ongoing or one time maintenance or operational obligations associated with the Subject Property, the Development, the Public Improvements, the Village Improvements, or the Refuse Program, as that term is defined in Section 10. The Village will comply with all Requirements of Law when proposing and establishing the SSA, and the Developer acknowledges that any objection to the SSA’s proposal, creation, tax levy, or tax increase shall constitute a default under this Agreement.
Special Service Area. OWNER their respective successors, assignees and grantees, shall not object to and agree to cooperate with the VILLAGE in establishing a special service area ("SSA"), or any number thereof, for the Property to be utilized as a backup mechanism for the care and maintenance of the storm water management facilities that may be constructed on the Property in the future, which include but are not limited to, detention areas, lift stations, common landscaped areas, and any other common areas of the future development. Any such SSA shall be established at the time of final platting or final PUD of a portion of the Property. If at any time OWNER fails to conduct the maintenance of stormwater management facilities and common landscape areas, then the VILLAGE shall have the right, but not the obligation, to undertake such maintenance and utilize the SSA to provide sufficient funds to pay the costs of the said maintenance undertaken by the VILLAGE. The SSA shall provide for the authority of the VILLAGE to levy up to One dollar and Ten cents ($1.10) per $100.00 of assessed valuation ("Rate Cap") to fund the payment of the aforesaid costs and expenses. A maintenance easement ("Common Facilities Maintenance Easement") shall be established over all of those stormwater management facilities and other Common Facilities located on the Final Plat or Final PUD Plan for each Phase of Development in favor of the VILLAGE and any future Property Owners Association which undertakes responsibility for the Common Facilities Maintenance. The substance of the Common Facilities Maintenance Easement shall be as approved by legal counsel for the VILLAGE and OWNERS, which approvals shall not be unreasonably withheld.
Special Service Area. No Special Service Area is required to complete the Land Reclamation, Operations and Implementation Plan phase of the Project.
Special Service Area. CenterPoint acknowledges the agreements it has made with respect to the creation of certain Special Service Areas as set forth in Section 31 of the Annexation Agreement. The Developer shall be entitled to cause abatement of any levy on an annual basis by making or causing to be made payments in lieu of taxes for such purposes. The Developer shall also be entitled to notice of the proposed budgeted costs and services and to the right to consult and advise the Village as to reasonable levels of service, costs and alternatives.
Special Service Area. Developer hereby consents to the establishment of a special service area, pursuant to the provisions of Illinois law, including 35 ILC 200/27- 5, et. seq., consisting of the Property (“Special Service Area”). Neither the Developer nor any lot owner in the Property shall object or cause anyone else to object to the creation of the Special Service Area. The Special Service Areas shall be created prior to any building being conveyed within the Property, but shall be maintained in inactive status unless and until activated by the City in accordance with the provisions of this Article. The Special Service Area shall not be activated unless and until the City determines that neither the Developer nor the Homeowners’ Association has properly maintained the Common Areas on an ongoing basis. The Special Service Area shall continue indefinitely unless the City determines otherwise or as otherwise limited by law.
Special Service Area. During the period the Developer is pursuing Final Approval, the City may give required notice, conduct a hearing and adopt and record such ordinances, including the SSA Ordinance, as are required for the creation of the Special Service Area.
