Traffic Impact Mitigation Development Fees{ TC Sample Clauses

Traffic Impact Mitigation Development Fees{ TC. 4.4. Traffic Impact Mitigation Development Fees" \f C \l "2" }. Owner shall be obligated to pay the then applicable Traffic Impact Mitigation Development Fees established by the City in accordance with SANBAG requirements. The Traffic Impact Mitigation Development Fee shall not be fixed pursuant to the terms of this Agreement and shall be levied upon the Project in accordance with then applicable schedule, rules and procedures adopted by the City and approved by SANBAG. The Traffic Impact Mitigation Development Fee presently is $2181 per dwelling unit, as provided in Exhibit B of the Agreement The Traffic Impact Mitigation Development Fee includes the Owner’s Fair Share Fee contribution toward the Riverside/I-10 interchange, which is identified as a Master Plan Facility and Owner shall not be required to pay a Fair Share Fee for this public improvement. Owner shall have the option to pre-pay all or a portion of the Traffic Impact Mitigation Development Fee in accordance with any applicable policies, rules or regulations governing pre-payment issued by the San Bernardino Associated Government (“SANBAG”). Owner shall remain obligated to pay any fees, penalties, or sanctions imposed by SANBAG upon Owner or the City as a result of Owner’s pre-payment of all or a portion of the Traffic Impact Mitigation Development Fee. In such a situation, Owner shall have the right to contest any fee, penalty, or sanction imposed by SANBAG upon Owner or the City.
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Related to Traffic Impact Mitigation Development Fees{ TC

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