Additional Public Infrastructure; Five-Year Rule Sample Clauses

Additional Public Infrastructure; Five-Year Rule. Other than the Base Public Infrastructure, the actual commencement and completion of the remaining Public Infrastructure will be driven by market conditions and Developer will not be required to construct or install any additional components of the Public Infrastructure until such improvements are required for an Element or Public Open Space to obtain a building permit or a temporary certificate of occupancy, as applicable; provided, however, Developer shall substantially complete all Public Infrastructure and expend all TIF Qualified Costs no later than January 1, 2026, in accordance with the Five-Year Rule. Developer shall deliver its Annual Public Infrastructure Projection to the City and the Authority in accordance with Section 10.1.
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Related to Additional Public Infrastructure; Five-Year Rule

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