Governing Development Regulations Clause Samples

Governing Development Regulations. A. Development of the Property shall be governed by the following: 1. The Conceptual Land Use Plan and this Agreement; and 2. The applicable provisions of the City’s LDC and Ordinances; and 3. Construction plans and final plats for all or any portion of the Property that are approved from time to time by the City (collectively, the “Approved Plats”). 4. The Parties acknowledge that prior to or concurrent with the submittal of the first plat application for development on the Property or any portion thereof, a Watershed Protection Plan, Phase One, including any required environmental studies and/or geologic assessments, and a Traffic Impact Analysis (the “TIA”) will be required (collectively “the Required Studies”). At the time of submittal of the TIA, the traffic impacts shall be evaluated based on the full build-out development of the entire project (as defined in Section 1.04, below) and not on the individual plat. 5. Applicable provisions of the Texas Local Government Code, and other state and federal laws (“Other Laws”). B. The Conceptual Land Use Plan, this Agreement, the LDC, the Approved Plats, the Required Studies and Other Laws shall hereinafter be referred to collectively as the “Governing Regulations.”