Examples of Oversized Facilities in a sentence
The District will make every effort to properly evaluate the cost difference estimate for the Oversized Facilities, but in the event of a disagreement that cannot be resolved, the decision of the District Manager will be final.
In such event, the property owner may elect to defer the development of the Development Project until the District elects, in its sole discretion, to construct sufficient off-site facilities to accommodate the Development Project, or the property owner can voluntarily elect to construct the Oversized Facilities.
The District does not represent to the property owner, and the property owner may not rely on the assumption, that sufficient other District charges to connect to the Utility System will be assessed to fully offset the Oversized Facilities credit, and any Oversized Facilities credit will lapse and be extinguished without refund or reimbursement upon build-out of the Development Project.
If the property owner elects to construct Oversized Facilities, the District shall provide the property owner a credit for the Oversized Facilities that may be used by the property owner to offset any other District charges for itself or Customers within the Development Project to connect to the Utility System (e.g., connection fees, meter installation charges, etc.).
To the extent that the District has issued a credit to a property owner for Oversized Facilities, and such off-site Facilities benefit a subsequent property owner requesting service from the District, the District may require the subsequent property owner, as part of its off-site Facilities requirement, to reimburse the District for its pro-rata share of such previously issued credit to the extent benefitted.
An Applicant whose Project(s) require or will utilize a portion of previously constructed Oversized Facilities shall pay Authority a participation payment based on a proration of the Applicant’s project(s)’ demand relative to the total capacity of previously installed Oversized Facilities or other appropriate proration as determined by the Authority.
The amount of the Oversized Facilities credit shall be determined by the District based upon the actual construction cost of the Oversized Facilities that are verified by the engineer for the property owner and estimated cost of the Minimum Size facilities as of the completion of construction of the Oversized Facilities, as determined by the District.
The District does not represent to the Developer and Developer may not rely on the assumption that sufficient other District charges to connect to the utility system will be available to fully offset the Oversized Facilities credit, and any Oversized Facilities credit will lapse and be extinguished without refund or reimbursement upon build-out of the Developer’s property.
The District shall prepare the Oversized Facilities credit based upon the estimated difference in the cost of construction of the Oversized Facilities and the Minimum Size facilities which the Developer would otherwise have required for its own use.
In those cases where two or more Applicants make a joint advance or contribution on the same Oversized Facilities, the Authority shall distribute reimbursements to such Applicants in the same proportion as their advances or contributions bear to the joint total, unless otherwise directed by all parties.