Development Timing. This Agreement does not require Developer to proceed with development of the Property or to initiate or complete development of any phase of the development of the Property or any portion thereof within any period of time set by City. City acknowledges the timing of development of the Property shall be in Developer’s sole and absolute discretion. No future modification of City’s municipal code or any ordinance or regulation which limits the rate of development over time shall be applicable to the Property.
Appears in 6 contracts
Samples: Development Agreement by And, Transfer Agreement, Transfer Agreement