Common use of Exchange Park Improvements Clause in Contracts

Exchange Park Improvements. Within a year after the Applicant begins development of the Property, the Applicant will commence the design, permitting and construction of improvements on the Applicant Exchange Parcel (which will then be owned by the City) as part of the Xxxxxxxxx Regional Park. Such improvements shall include two tennis courts (or like facilities, at the discretion of the City) and a related gravel parking lot and open- air restrooms (the “Exchange Park Improvements”). Once the Applicant has completed construction of the Exchange Park Improvements, the City shall be required to maintain such improvements.

Exchange Park Improvements. Within a year after the Applicant begins development of the Property, the Applicant will commence the design, permitting and construction of improvements on the Applicant Exchange Parcel (which will then be owned by the City).) as part of the Xxxxxxxxx Regional Park. Such improvements shall include two tennis courts (or like facilities, at the discretion of the City) and a related gravel parking lot and open- open-air restrooms (the “Exchange Park Improvements”). Once the Applicant has completed construction of the Exchange Park Improvements, the City shall be required to maintain such improvements.

Exchange Park Improvements. Within a year after the Applicant begins development of the Property, the Applicant will commence the design, permitting and construction of improvements on the Applicant Exchange Parcel (which will then be owned by the City) as part of the Xxxxxxxxx Regional Park. Such improvements shall include two tennis courts (or like facilities, at the discretion of the City) and a related gravel parking lot and open- open-air restrooms (the “Exchange Park Improvements”). Once the Applicant has completed construction of the Exchange Park Improvements, the City shall be required to maintain such improvements.

Exchange Park Improvements. Within a year after the Applicant begins development of the Property, the Applicant will commence the design, permitting and construction of improvements on the Applicant Exchange Parcel (which will then be owned by the City) as part of the Xxxxxxxxx Regional Park). Such improvements shall include two tennis courts (or like facilities, at the discretion of the City) and a related gravel parking lot and open- open-air restrooms (the “Exchange Park Improvements”). Once the Applicant has completed construction of the Exchange Park Improvements, the City shall be required to maintain such improvements.