Tuscany Neighborhood Non-Potable Project Sample Clauses

Tuscany Neighborhood Non-Potable Project. In 2020, the City of Xxxxx will fund improvements to complete the non-potable system for the Tuscany neighborhood. The City has agreed to take over ownership and maintenance of the system long- term. An estimated $1,168,880.00 of the total project cost will be recovered from Tuscany property owners, pro-rated based on square footage of the lot. Existing residents will pay their portion through a surcharge in their utility xxxx while undeveloped properties will pay the surcharge up-front at the time of building permit issuance. Property owners will be reimbursed the difference if actual costs are less than estimated costs and they will be held harmless if actual costs are more. Based on a site area of 315,004 square feet, the Wildhorse Development is responsible for approximately 7% of the project or $78,291.00, payable at the time of the first building permit issuance.
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