Common use of Completion of Private Improvements Clause in Contracts

Completion of Private Improvements. Unless otherwise agreed in writing by the Town Administrator, the Private Improvements shall be completed no later than the date that the Public Improvements are completed, such completion date is extended for reasons beyond the reasonable control of Developer and Developer has obtained the Town Administrator’s written consent to the extension. The Town may, in its discretion, allow Developer to defer completion of the landscaping services between December 1 and March 1 of any given year provided that sufficient surety in the form of a cash escrow deposited with the Town or an irrevocable letter of credit in the form attached hereto as Exhibit “D,” in which the Town is designated as the beneficiary, is provided to the Town.

Appears in 1 contract

Samples: Planned Unit Development Agreement

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Completion of Private Improvements. Unless otherwise agreed in writing by the Town AdministratorManager, the Private Improvements shall be completed no later than the date that the Public Improvements are completed, unless such completion date is extended for reasons beyond the reasonable control of Developer and Developer has obtained the Town AdministratorManager’s written consent to the extension. The Town may, in its discretion, allow Developer to defer completion of the landscaping services between December 1 and March May 1 of any given year provided that sufficient surety in the form of a cash escrow deposited with the Town or an irrevocable letter of credit in the form attached hereto as Exhibit “D,” D in which the Town is designated as the beneficiary, beneficiary is provided to the Town.

Appears in 1 contract

Samples: Development and Improvement Agreement

Completion of Private Improvements. Unless otherwise agreed in writing by the Town AdministratorManager, the Private Improvements shall be completed no later than the date that the Public Improvements are completed, unless such completion date is extended for reasons beyond the reasonable control of Developer and Developer has obtained the Town AdministratorManager’s written consent to the extension. The Town may, in its discretion, allow Developer to defer completion of the landscaping services between December 1 and March 1 of any given year provided that sufficient surety in the form of a cash escrow deposited with the Town or an irrevocable letter of credit in the form attached hereto as Exhibit “D,” D in which the Town is designated as the beneficiary, beneficiary is provided to the Town. For clarity, the Private Improvements referenced herein do not apply to backyard improvements, which are anticipated to be installed by homeowners.

Appears in 1 contract

Samples: Development and Improvement Agreement

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Completion of Private Improvements. Unless otherwise agreed in writing by the Town AdministratorManager, the Private Improvements (for any particular phase, if applicable) shall be completed no later than the date that the Public Improvements for such phase are completed, unless such completion date is extended for reasons beyond the reasonable control of Developer and Developer has obtained the Town AdministratorManager’s written consent to the extension. The Town may, in its discretion, shall allow Developer to defer completion of the landscaping services between December 1 October 15 and March 1 April 15 of any given year provided that sufficient surety in the form of a cash escrow deposited with the Town or an irrevocable letter of credit in the form attached hereto as Exhibit “D,” D in which the Town is designated as the beneficiary, beneficiary is provided to the Town. For clarity, the Private Improvements referenced herein do not apply to backyard improvements, which are anticipated to be installed by homeowners.

Appears in 1 contract

Samples: Subdivision Development and Improvement Agreement

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