Examples of Initial Parcel in a sentence
The following Exhibits attached hereto are incorporated by reference • Exhibit A – Map of the Initial Parcel.
Upon termination the City shall have no right to provide water service to the Initial Parcel or Future Retail Water Service Area.
Upon subdivision of the Initial Parcel, the cost of the Authorized Improvements shall be reallocated further as described in Section VI.
The City Council, acting in its legislative capacity based on information provided by the Owner and its engineer and reviewed by City staff and by third-party consultants retained by the City, has determined that the Actual Costs of the Authorized Improvements shall be allocated entirely to the Initial Parcel.
In accordance with the terms and conditions of this Agreement, the City shall provide Retail Water Service to the Initial Parcel of the Township as designated in Exhibit A, attached hereto and incorporated herein by reference.
The Owner ratified, confirmed, accepted, agreed to, and approved: (1) the determinations and findings by the City Council as to the special benefits described herein and the Assessment Ordinance;(2) the approval of the Service and Assessment Plan and the adoption of the Assessment Ordinance, and (3) the levying of Assessments on the Initial Parcel.
The Owner, as the owner of 100% of the Initial Parcel, acknowledged that the Authorized Improvements confer a special benefit on the Initial Parcel and consented to the imposition of the Assessments to pay for the Actual Costs of the Authorized Improvements associated therewith.
EXHIBIT C-1 – IMPROVEMENT AREA #1 ASSESSMENT ROLL 1 The Appraised Taxable Value for the entire District equals $88,830.00, which is allocated between the Improvement Area #1 Initial Parcel and the Major Improvement Area Initial Parcel based on acreage for the purpose of calculating the Annual Installment due 1/31/2021.
Assessments will be levied on the Initial Parcel in the amount shown on the Assessment Roll, attached hereto as Exhibit E.
Until that time, except with respect to the Developer Initial Parcel, this Lease shall be construed to be in the nature of a development agreement, and not a lease.