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peric <br /> <br />b. In ad <br /> the [ <br /> prole <br /> rever <br /> facto <br /> adde <br /> in an <br /> cf fop <br /> avaik <br /> <br />Up to one percent <br />the administrative <br />associated with th, <br /> <br />Credit e <br /> <br />The Parties shall i: <br />developer who coz <br />Projects may be ell <br />shall be applied ap <br />reimbursed pursua <br /> <br />a. Cred <br /> may 1 <br /> Fee il <br /> Impr, <br /> agree <br /> plan, <br /> <br />Adex <br />const <br />such <br />devel <br />betw~ <br />Impr~ <br /> <br />ending December 31 of the preceding calendar year. <br /> <br />ition to the auto~natic adjustment provided in the TVTD Fee, <br />arties may agree to adjust the TVTD Fee to reflect revisions in the <br />:t list in the Tri-Valley Transportation Plan/Action Plan, program <br />ue, increases in land values over the inflationary increase or other <br />:s. The amount of such adjustments shall be included in a written <br />~dum to this Agreement that shall be approved by each Party and <br />~endments of each adopted fee resolution or ordinance. Concerted <br />s shall be made to attract and obtain other funds from other <br />[ble revenue sources for which the projects are eligible. <br /> <br />Section 14. <br />Administrative Costs <br /> <br />of the TVTD Fees received by the Treasurer may be used to cover <br />costs of the Party acting as the Treasurer and other costs <br />: TVTD Fee. Acceptable costs shall be specified in the SEP. <br /> <br /> Section 15. <br />r Reimbursement for Developer-Constructed Projects <br /> <br />rovide in their implementing ordinance or resolution that a <br />structs all or part of one of the Transportation Improvement <br />ible for a credit or reimbursement, as provided herein. No credit <br />no reimbursement shall be made until the Parties have been fully <br />t to Section 7(d) and (e). <br /> <br />it or Reimbursement for Project Funded in SEP. A developer <br />~e eligible for a credit to be applied against payment of the TVTD <br />the developer constructs all or a part of one of the Transportation <br />~vement Projects that is, at the time the developer enters into an <br />nent for construction of such project, included in the prioritization <br />~f the SEP as a project to be funded. <br /> <br />eloper may be eligible for a reimbursement if the cost of <br />:ucting such a Transportation Improvement Project, or a part of <br />>roject, exceeds the amount of the TVTD Fee to be paid by the <br />)per. The amount of reimbursement shall equal the difference <br />:en the cost of constructing all or a part of the Transportation <br />~vement Project and the TVTD Fee for the development project. <br /> <br />Joint Exercise Page 16 of 21 <br />TVTD Fees June 2, 1998 <br /> <br /> <br />