Common use of Cost and Schedule for Additional Improvements Clause in Contracts

Cost and Schedule for Additional Improvements. The University shall either design and install or reimburse the Town for the cost of design and construction of the transportation and traffic improvements set forth in Section 5.8.C of this Agreement. These improvements are not required to be installed prior to the completion of 000,000 xxxxxx xxxx xx xxxxx xxxx development within the Carolina North Project, but shall be completed prior to the completion of 000,000 xxxxxx xxxx xx xxxxx xxxx development within the Carolina North Project unless otherwise required in this Section or approved by the Town Manager. If the University chooses to reimburse the Town the total cost shall include actual design and construction costs and staff time for administration of the design and construction contracts. A proposed schedule for the improvements shall be submitted with the first site development permit application. Each updated TIA shall include a review of additional information and proposed additional improvements or adjustments to mitigation measures to address adverse impacts of growth at Carolina North, Such adjustments, reasonably consistent with the Carolina North Plan approved by the Council, may be approved by the Town.

Cost and Schedule for Additional Improvements. The University shall either design and install or reimburse the Town for the cost of design and construction of the transportation and traffic improvements set forth in Section 5.8.C of this Agreement. These improvements are not required to be installed prior to the completion of 000,000 xxxxxx xxxx xx xxxxx xxxx development within the Carolina North Project, but shall be completed prior to the completion of 000,000 xxxxxx xxxx xx xxxxx xxxx development within the Carolina North Project unless otherwise required in this Section or approved by the Town Manager. If the University chooses to reimburse the Town the total cost shall include actual design and construction costs and staff time for administration of the design and construction contracts. A proposed schedule for the improvements shall be submitted with the first site development permit application. Each updated TIA shall include a review of additional information and proposed additional improvements or adjustments to mitigation measures to address adverse impacts of growth at Carolina North, Such adjustments, reasonably consistent with the Carolina North Plan approved by the Council, may be approved by the TownTown Manager. In determining the schedule and responsibility for the improvements required by Section 5.8.C of this Agreement, the Town Manager shall take account of future non-University development that contributes to the need for some of these improvements and that may proportionally share in the cost of providing them.

Cost and Schedule for Additional Improvements. The University shall either design and install or reimburse the Town for the cost of design and construction of the transportation and traffic improvements set forth in Section 5.8.C of this Agreement. These improvements are not required to be installed prior to the completion of 000,000 xxxxxx xxxx xx xxxxx xxxx 400,000 square feet of floor area development within the Carolina North Project, but shall be completed prior to the completion of 000,000 xxxxxx xxxx xx xxxxx xxxx 800,000 square feet of floor area development within the Carolina North Project unless otherwise required in this Section or approved by the Town Manager. If the University chooses to reimburse the Town the total cost shall include actual design and construction costs and staff time for administration of the design and construction contracts. A proposed schedule for the improvements shall be submitted with the first site development permit application. Each updated TIA shall include a review of additional information and proposed additional improvements or adjustments to mitigation measures to address adverse impacts of growth at Carolina North, Such adjustments, reasonably consistent with the Carolina North Plan approved by the Council, may be approved by the Town.