Agency Review - Approval Standard for Sub-Phase Sample Clauses

Agency Review - Approval Standard for Sub-Phase. Applications Located Within a Combined Major Phase Applications for all Sub-Phases within a combined Major Phase Application shall be reviewed and considered by the Agency Commission, and shall be Approved by the Agency Commission, in its reasonable discretion, if and to the extent the Sub-Phase Application (i) conforms to and is consistent with the applicable Redevelopment Plan, and, if applicable, the Land Acquisition Agreements, and (ii) as to matters or details that are beyond the scope of the foregoing, is reasonably acceptable to the Agency Commission. If a Sub-Phase Application is disapproved by the Agency Commission, then the Agency Commissioners shall, at the public hearing and during which the Sub-Phase Application is being considered, state the basis for the disapproval, which basis shall be summarized in writing by the Agency Director, to the best of his or her knowledge, after the hearing and delivered to Developer. Following any disapproval of a Sub-Phase Application, Developer may within ninety (90) days following receipt by Developer of such summary (subject to such extension as may be Approved by Agency Director) make changes to and resubmit the Sub-Phase Application. Promptly following the Agency Director’s receipt of a revised Complete Sub-Phase Application, the Agency Director shall submit such revised Complete Sub-Phase Application in accordance with the procedures set forth in this Section V.B.5. The Schedule of Performance shall be automatically extended, if necessary, to allow for the foregoing procedure; provided, however, that the Schedule of Performance shall not be so extended for more than one revised Complete Sub-Phase Application for each Sub-Phase without the Approval of the Agency Director.
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