Common use of PARK BLOCK Clause in Contracts

PARK BLOCK. Purchasers/Tenants are advised that the parkland may not be developed for a substantial period of time after residential dwellings have been completed as the timing of the development of the park is dependent upon the financial ability of the Municipality to fund same provided it has received sufficient contributions for park development purposes through the Development Charges Act and the Planning Act.

PARK BLOCK. Purchasers/Tenants are advised that the parkland adjacent to the development may not be developed for a substantial period of time after residential dwellings have been completed as the timing of the development of the park is dependent upon the financial ability of the Municipality to fund same same, provided it has received sufficient contributions for park development purposes through the Development Charges Act and the Planning Act.

PARK BLOCK. Purchasers/Tenants Purchasers are advised that the parkland may not be developed for a substantial period of time after residential dwellings have been bene completed as the timing of the development of the park is dependent upon the financial ability of the Municipality Town of Whitby to fund same provided it has received sufficient contributions for park development purposes through the Development Charges Act and the Planning Act.

PARK BLOCK. “Purchasers/Tenants are advised that the parkland adjacent to the development may not be developed for a substantial period of time after residential dwellings have been completed as the timing of the development of the park is dependent upon the financial ability of the Municipality to fund same same, provided it has received sufficient contributions for park development purposes through the Development Charges Act and the Planning Act.”