Common use of Building Permits and Certificates of Occupancy Clause in Contracts

Building Permits and Certificates of Occupancy. 1.01. Issuance of Building Permits and Certificates of Occupancy. The Developer may obtain building permits and certificates of occupancy for 29 home structures within Bluffview Phase1 prior to completion of the Wastewater Infrastructure, subject to full compliance with the following terms and conditions: (a) The Developer maintains with the City a bond, cash or an irrevocable letter of credit from a bank or other reputable financial institution or a cash deposit guaranteeing the construction of the Wastewater Infrastructure (the “Wastewater Infrastructure Fiscal Security”) that complies with Chapter 10, of the City’s Code of Ordinances (the “Subdivision Ordinance”). (b) The facilities necessary to provide pump and haul service to the lot for which a building permit or a certificate of occupancy is to be issued have been completed and passed inspection by the City, and wastewater service by pump and haul under this Agreement is otherwise available to the lot. (c) The Developer deposits and maintains cash in an account with the City and in the amount described below (“Pump and Haul Deposit”) to secure the continuation of the pump and haul operations on the Property during the time period in which construction of the Wastewater Infrastructure is being completed and the Wastewater Infrastructure is completed and accepted. The Pump and Haul Deposit shall initially be in the amount reasonably approved by the City based on current pump and haul invoices which amount shall be $107,950 and which represents the cost of six (6) months (the “Estimated Time Frame”) of pumping and hauling wastewater from the Property, taking into account projected increases in the number of customers. (d) Developer is in compliance with the terms and conditions of this Agreement. (e) Developer demonstrates to the City that the Developer has a current contract with a pump and haul provider that meets the requirements of this Agreement, provided that Developer’s letter agreements with Wastewater Solutions dated December 2019, are deemed to have met the requirements of this Agreement by the City. (f) All other conditions for issuance of a building permit or certificate of occupancy set forth in applicable local (as modified by this Agreement), state, or federal regulations have been met.

Building Permits and Certificates of Occupancy. 1.01. Issuance of Building Permits and Certificates of Occupancy. The Developer may obtain building permits and certificates of occupancy for 29 home structures within Bluffview Phase1 ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇ the Subdivision prior to completion of the Wastewater Infrastructure, subject to full compliance with the following terms and conditions: (a) The Developer maintains with the City a bond, cash or an irrevocable letter of credit from a bank or other reputable financial institution or a cash deposit guaranteeing the construction of the Wastewater Infrastructure (the “Wastewater Infrastructure Fiscal Security”) that complies with Chapter 10, of the City’s Code of Ordinances (the “Subdivision Ordinance”). (b) The facilities necessary to provide pump and haul service to the lot for which a building permit or a certificate of occupancy is to be issued have been completed and passed inspection by the City, and wastewater service by pump and haul under this Agreement is otherwise available to the lot. (c) The Developer deposits and maintains cash in an account with the City and in the amount described below (“Pump and Haul Deposit”) to secure the continuation of the pump and haul operations on the Property during the time period in which construction of the Wastewater Infrastructure is being completed and the Wastewater Infrastructure is completed and accepted. The Pump and Haul Deposit shall initially be in the amount reasonably approved by the City based on current pump and haul invoices which amount shall be $107,950 60,840.00 and which represents the cost of six (6) months (the “Estimated Time Frame”) of pumping and hauling wastewater from the Property, taking into account projected increases in the number of customers. (d) Developer is in compliance with the terms and conditions of this Agreement. (e) Developer demonstrates to the City that the Developer has a current contract with a pump and haul provider that meets the requirements of this Agreement, provided that Developer’s letter agreements with Wastewater Solutions dated December 2019, 2018, are deemed to have met the requirements of this Agreement by the City. (f) All other conditions for issuance of a building permit or certificate of occupancy set forth in applicable local (as modified by this Agreement), state, or federal regulations have been met.