Commercial Linkage Fee definition

Commercial Linkage Fee means the fee paid by the applicant of commercial development projects to mitigate the impacts that such developments have on the demand for affordable housing in the City (see Municipal Code Chapter 4.60).
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Commercial Linkage Fee or "CLF" means the commercial linkage fee adopted by the City Council as set forth in Chapter 5.11 of Title 5 of the San José Municipal Code in effect on the Effective Date of this Development Agreement, and as further set forth in the CLF Resolution.
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Commercial Linkage Fee means the fee adopted by the City Council pursuant to this Chapter to be paid to the City pursuant to Section 5.11.030 of this Chapter in connection with approval of a Development Permit to contribute to the creation of Affordable Housing production or preservation to offset additional need for Affordable Housing generated by new Non-Residential development.
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Examples of Commercial Linkage Fee in a sentence

  • Pursuant to SMMC Section 9.23.030(A)(3), no building permit shall be issued for the project until the applicant pays an Affordable Housing Commercial Linkage Fee of 14 percent above the base fee applicable at the time of issuance of the building permit for that portion of the commercial floor area above the maximum Tier 1 floor area allowed by the Zoning Ordinance.

  • Non-residential and mixed-use projects shall pay a housing mitigation fee 14 percent above the base Affordable Housing Commercial Linkage Fee as required by SMMC Chapter 9.68, for that portion of the commercial floor area above the maximum Tier 1 floor area.

  • Additionally, the ordinance establishing the fee allows for a credit in the calculation of the Affordable Housing Commercial Linkage Fee for the amount of square footage demolished in an existing building.

  • Subject to Section III.A above regarding the Early H5 Work and the Early H6 Work, Developer shall pay the CLF in accordance with the adopted Commercial Linkage Fee Ordinance in effect on the Effective Date of the Development Agreement (a copy of the CLF is attached to the Development Agreement at Exhibit Q, subject to Annual Increases as described in the Commercial Linkage Fee Ordinance.

  • Commercial Linkage Fee Scenarios as Percent of Total Development Costs 11Figure I-8.

  • Additionally, when applicable, the ordinance establishing the fee allows for a credit in the calculation of the Affordable Housing Commercial Linkage Fee for the amount of square footage demolished in an existing building.

  • Commercial Linkage Fee Scenarios as Percent of Total Development Costs 11Figure I-9.

  • Therefore, the City has implemented the following measures to further evaluate the Inclusionary Housing Ordinance:Policy HE-2.19 Commercial Linkage Fee.

  • Pursuant to SMMC Section 9.23.030(A)(3), no building permit shall be issued for the project until the applicant pays an Affordable Housing Commercial Linkage Fee of 14 percent above the base fee for that portion of the commercial floor area above the maximum Tier 1 floor area allowed by the Zoning Ordinance.

  • Multifamily Number of Properties 2Number of Affordable Units 132HOME $Commercial Linkage Fee $2,000,0001,000,000Inclusionary $ 4,405,000 TOTAL $ 7,405,000TOTAL AWARDED $ 8,324,921* Loans funded are not necessarily indicative of loans disbursed.


More Definitions of Commercial Linkage Fee

Commercial Linkage Fee means the fee assessed on commercial development to help off-
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Commercial Linkage Fee means the fee paid by builders of commercial development projects to mitigate the impacts that such developments have on the demand for affordable housing in the City.
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Related to Commercial Linkage Fee

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Initial LIBOR Rate Not applicable.

  • Usage Fee means the subscription fees to be paid by the Agency for ongoing access to Services.

  • Program Costs means all necessary and incidental costs of providing program services.

  • Program Fee is defined in the Fee Letter.

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.

  • Maintenance Fee The Maintenance Fee (see Contract Schedule I) will be deducted during the Accumulation Period from the Current Value on each anniversary of the date the Account is established and upon surrender of the entire Account.

  • Franchise Fee means a direct or indirect payment to purchase or operate a franchise. Franchise fee does not include any of the following:

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Marketing Fee means the fees paid by Home Credit to Dealer/Provider to support the use of Home Credit’s Product;

  • Facility Fees has the meaning provided in Section 2.11(a).

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Maintenance Fees means the non-refundable fees payable annually by Licensee to OT for Support Services;

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Licence Fees the fees to be paid by the Licensee to HKEX-IS pursuant to clause 5.2.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Access Fee means a fee prescribed for the purposes of section 22(6) or 54(6), as the case may be;

  • Licence Fee means the licence fee specified in Item 7 of Schedule 1.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Insurance Fee Rate With respect to each Mortgage Loan insured by an Insurance Policy paid for by the lender, the per annum rate specified in the Mortgage Loan Schedule.

  • Commitment Fee has the meaning specified in Section 2.09(a).

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).