Cost of Trail Extension Sample Clauses

Cost of Trail Extension. McCordsville and Lennar acknowledge and agree that, Lennar shall pa y t h e T r a i l E xt e ns i o n C os t s to construct the T rail E xtension in accordance with the specifications set forth in the Construction Plan. The Trail Extension shall be 8 feet wide and consist of asphalt 3 inches +/- in depth on top of a rock base of 6 inches +/- in depth. Upon completion and acceptance by McCordsville, the Trail Extension will be dedicated to McCordsville and McCordsville will be responsible for the repair and maintenance of the Trail Extension after completion, acceptance and dedication. Upon the acceptance and dedication of the Trail Extension, McCordsville shall issue to Lennar for the Development a Recreation Impact Fee credit in the amount of the Trail Extensions Costs.
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Cost of Trail Extension. McCordsville and Pulte acknowledge and agree that, consistent with the Construction Agreement, Pulte shall incur the cost to construct the trail extension in accordance with the specifications set forth in the approved construction plans for such trail extension. The trail extension shall be 10 feet wide and consist of asphalt 3 inches +/- inches on top of a rock base of 6 inches +/- in depth. Upon completion and acceptance by McCordsville, the trail extension will be dedicated to McCordsville and McCordsville will be responsible for the repair and maintenance of the trail extension after completion, acceptance and dedication.

Related to Cost of Trail Extension

  • Contract Extension The City may, in its sole discretion, unilaterally exercise an option to extend the Contract as described in the Contract Documents. In addition, the City may, in its sole discretion, unilaterally extend the Contract on a month-to-month basis following contract expiration if authorized under Charter section 99 and the Contract Documents. Contractor shall not increase its pricing in excess of the percentage increase described in the Contract.

  • Extension Term Provided Lessee is not in default in the performance of any term or condition of this Lease, Lessee shall have the option to extend this Lease for two (2) additional terms of five (5) years per term, commencing with the expiration of the first or additional term, upon the following conditions:

  • Extension of time for completion (i) Without prejudice to any other provision of this Agreement for and in respect of extension of time, the Contractor shall be entitled to extension of time in the Project Completion Schedule (the “Time Extension”) to the extent that completion of any Project Milestone is or will be delayed by any of the following, namely:

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