Utility Improvements definition
Examples of Utility Improvements in a sentence
Water, Sanitary Sewer, Storm Sewer and Other Utility Improvements: Certain utilities may be extended or re-routed to serve or accommodate the new development.
In consideration of the financing by TSVI of the construction of portions of the Offsite Utility Improvements, TSVI shall not be obligated to pay new franchise fees or hook-up fees which are not currently imposed by the Village as of the Effective Date but which may in the future be imposed upon natural gas, electric and telecommunication (fiber optic) customers by the Village in connection with the provision of such utility services.
When the Utility Improvements are completed and the costs thereof paid, the Utility Revenue Bonds Account is to be closed and any remaining funds may be deposited in the Utility Revenue Bonds Subaccount of the Debt Service Account.
The Developer shall be responsible for obtaining, as part of the cost of the Infrastructure Improvements, all construction permits for the Utility Improvements.
TSVI will be obligated to pay all applicable Franchise Fees once it is fully reimbursed for its contributions toward the Offsite Utility Improvements.