Park Development Fee definition

Park Development Fee means the City’s fee established by City Council, payable at the time building permit issuance, that the City charges to offset the costs to the City of improvements to public park lands that are required to address the impacts to such parks from development on the Property.
Park Development Fee means the CITY’s fee established by City Council, or as such amount may subsequently be adjusted by City Council, payable at the time building permit issuance, which the CITY charges to offset the costs to the CITY of improvements to public park lands that are required to address the impacts to such parks from development on the property.

Examples of Park Development Fee in a sentence

  • The right to apply Fee Reimbursements as Fee Credits is limited hereunder to the Infrastructure Fee Component of the Fee and may not be applied against the Neighborhood Park Development Fee Component, the Neighborhood Park Land Acquisition Fee Component or the Administrative Fee Component of the Fee.

  • Neighborhood Park Development Fee – The purpose of this fee is to finance land acquisition and construction of neighborhood parks with related amenities.Fee is effective January 22, 2019.

  • All applications for new Residential Developments shall be subject to the collection of park development fees, pursuant to Article IX of the Parks and Recreation Chapter of the City Code ofOrdinances, Arlington Park Development Fee.

  • Community Park Development Fee – The purpose of this fee is to finance land acquisition and construction of community parks with related amenities.Fee is effective January 22, 2019.

  • Subsequent Final plat submittals after such two year period shall be reassessed new fee values per dwelling unit as per current Fair Market Value of the land and the current Neighborhood Park Development Fee at time of Final plat submittal.

  • Properties that are subdivided for residential use where the lots are greater than five (5) acres, and no other public improvements are required, are not subject to the required dedication of parkland or open space, but are still required to pay the Park Development Fee unless otherwise exempted.

  • Properties located within the Historic District are exempt from parkland dedication requirement, unless more than twenty-five (25) Dwelling Units are proposed, but are still required to pay the Park Development Fee unless otherwise exempted.

  • O-2018-057- Updating The Park Development Fee Based On The Updated Park And Recreation Improvements Plan; And Providing For Severability And An Effective Date.

  • Such projects are still required to pay the Park Development Fee unless otherwise exempted 3) Historic District.

  • However, as discussed in Section 4.14.d, Monterey Park requires payment of a Recreation and Park Development Fee to offset incremental impacts of development on existing parks.

Related to Park Development 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.

  • 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.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Development Area means that area to which a development plan is applicable.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

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

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

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

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Development Project means a project for the development of land within a project area.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Development Phase means the period before a vehicle type is type approved.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • 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.

  • Development Period means the period from the date of this Agreement until the Appointed Date;