Wastewater Infrastructure. Objectives: Building Canada will encourage investments in wastewater infrastructure designed to: • Reduce the negative impacts of municipal wastewater effluent or storm-water effluent on human health and the environment; • Improve the management of wastewater sludge; • Improve the management and efficiency of municipal wastewater infrastructure or storm-water infrastructure; • Improve the quality of treated municipal wastewater effluent and storm-water discharged into the environment. Further, emphasis will be placed on projects that result in wastewater treated to a higher standard, usually a secondary level of treatment or better. In addition, projects will have to be supported by other measures that reduce the amount of pollution going into wastewater streams and that improve the management of wastewater infrastructure. The sub-categories which are eligible for funding are:
Wastewater Infrastructure. Except as provided in Article IV of this Agreement, each Owner will construct or arrange for the construction of the on-site wastewater collection system for the development of the of the portion of Property to be developed by such Owner in phases and in accordance with the Governing Requirements, the Master Wastewater Report, and applicable subdivision plats or site plans. The City shall construct the wastewater Infrastructure conceptually depicted on Exhibit I (the “Wastewater Infrastructure”) using Impact Fees, rates, user fees and charges, or any other funding source identified by the City. An Owner may arrange for the construction of certain Wastewater Infrastructure prior to the City’s construction thereof. In such an event, such Owner shall be entitled to reimbursement for the cost thereof pursuant to Section 3.13. Infrastructure that the Owners construct, or has the responsibility to construct, shall be subject to the terms for acceptance by the City as set forth in the Governing Requirements and this Agreement. The Parties agree that upon completion of the construction, the entire wastewater system shall be owned and operated by the City at its sole cost and expense. Fire and Police Service.
Wastewater Infrastructure. 4.7.1 The Developer shall pay for all of the costs, expenses and fees of that part of the design and Construction of the Wastewater Infrastructure described on Exhibit 4.7.1 as the Developer’s Primary Benefit Wastewater Infrastructure Proportion exceeding the amount of outside cost share funds described Exhibit 4.7.1 (hereinafter referred to as the “Developer’s Wastewater Infrastructure Obligation”). The Developer shall open an account for the benefit of the City and at a financial institution acceptable to the City (the “Wastewater Escrow Account”) and the funds deposited therein shall be used to pay and cover the Developer’s Wastewater Infrastructure Obligation. On the Effective Date, the Developer shall deposit $4,883,500.00 (US Dollars) into the Raw Water Escrow Account, which, based on the Wastewater Infrastructure Assumptions, is the current estimate of the Developer’s Wastewater Infrastructure Obligation. The Developer and City shall execute the Wastewater Escrow Agreement, attached hereto as Exhibit 4.7.1A, providing for the terms and conditions of the initial $4,883,500.00 deposit, additional deposits into the Wastewater Escrow Account(due to increases in the costs, expenses fees, inclusive of increases due to Change in the Assumptions, change orders and cost increases), distributions from the Wastewater Escrow Account, accounting and auditing of the costs, expenses and fees for the design and Construction of the Wastewater Infrastructure, and return to the Developer of excess funds that may remain in the Wastewater Escrow Account.
Wastewater Infrastructure. The Parties acknowledge that the Developers internal wastewater infrastructure may be enhanced in efficiency by the City’s capital wastewater improvements, and the Developer shall cooperate in good faith with the City if the City requests a modification to the Developer’s designs in order to better provide wastewater service, provided that such modification does not negatively impact the Project.
