Flexibility Objectives. The TALUSEast Village Project described in this Agreement, including the exhibits, provides the desired initial definition and certainty of the TALUSEast Village Project concept. However, the parties acknowledge modifications to the TALUSEast Village Project will occur during the Buildout Period of the TALUSEast Village Property to achieve a number of Flexibility Objectives, including: incorporating new information; responding to changing community and market needs; encouraging reasonably priced housing; and encouraging modifications that provide comparable benefit or functional equivalence with no significant reduction of public benefits, environmental protection, or increased material cost to the TALUSEast Village Project (collectively “Flexibility Objectives”).
Flexibility Objectives. The Project described in this Agreement, including the exhibits, attachments, figures and appendices, provides the desired initial definition and certainty of the Project concept. However, the Parties acknowledge modifications to the Project will occur during the Buildout Period. Therefore, Flexibility Objectives have been incorporated into this Agreement, including: incorporating new information; responding to changing community and market needs; encouraging creativity and innovation; and encouraging modifications that provide comparable benefit or functional equivalence with no significant reduction of public benefits or environmental protection to the Project (collectively "Flexibility Objectives").
