High Quality Hotel Development Sample Clauses

High Quality Hotel Development. Within 1 year of execution, of this Agreement or if extended in writing by mutual agreement of the parties, the Developer shall submit an application for a High Quality Hotel development on the resulting parcel (Parcel C). The Hotel shall be designed in accordance with the Sunrise Tomorrow Specific Plan providing for a minimum of 110 rooms (keys). The construction and continued maintenance of the Hotel as a Three-Star Hotel, as defined by the Forbes Travel Guide, or of a Three-Diamond hotel, as defined by the AAA Diamond Ratings, or if those rating services are not in use, at an equivalent level used by an alternative nationally recognized hotel rating service. A Design Review Permit will be required for the High Quality Hotel Development. If the initial Hotel Brand is selected from the list of Pre-approved Hotel Brands as depicted in Exhibit F the Planning Commission will be the reviewing body for the Design Review Permit. If the initial Hotel Brand identified as part of the Design Review Permit is not listed in Exhibit F, the Planning Commission will review and make a recommendation for the City Council’s consideration. The City Council may deny the Design Review Permit if the Council finds the proposed brand is not equivalent to or greater quality than the Brands depicted in Exhibit F at its sole discretion.
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Related to High Quality Hotel Development

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  • NOW, THEREFORE the parties hereto agree as follows:

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