Common use of Redevelopment of the Project Site Clause in Contracts

Redevelopment of the Project Site. The City and Developer hereby agree that the Project consists of the renovation of Hawthorne Plaza, including the CID Improvements and other improvements described in this Section 2.01 and as set forth on the Project Budget attached hereto and incorporated by reference herein as Exhibit F. Developer hereby contemplates that all buildings, parking facilities and other improvements constituting the Project, as set forth in this Section 2.01 and as set forth on Exhibit F (the "Improvements"), shall be developed, constructed, completed, and operated on the Project Site in substantial accordance and compliance with the terms and conditions of this Agreement and the Development Plan. On and subject to the terms and provisions set forth in this Agreement, Developer shall have the sole right to, and shall be responsible for, demolition, design, redevelopment, construction, equipment and completion of the Improvements, and shall operate and use the Improvements in the manner described herein, all in accordance with the terms of this Agreement and all other Applicable Laws and Requirements. Notwithstanding anything set forth herein to the contrary, the parties acknowledge and agree that Developer shall not be required to construct any improvements that are not set forth in the Development Plan. The parties further agree that, subject to any changes to the Development Plan, the "Project" shall include the following:

Redevelopment of the Project Site. The City and Developer hereby agree that the Project consists of the renovation of Hawthorne Plazathe West Park Shopping Center, including the CID Improvements and other improvements described in this Section 2.01 and as set forth on the Project Budget attached hereto and incorporated by reference herein as Exhibit F. Developer hereby contemplates that all buildings, parking facilities structures and other improvements constituting the Project, as set forth in this Section 2.01 and as set forth on Exhibit F (the "Improvements"), shall be developed, constructed, completed, and operated on the Project Site in substantial accordance and compliance with the terms and conditions of this Agreement and the Development Plan. On and subject to the terms and provisions set forth in this Agreement, Developer shall have the sole right to, and shall be responsible for, demolition, design, redevelopment, construction, equipment and completion of the Improvements, and shall operate and use the Improvements in the manner described herein, all in accordance with the terms of this Agreement and all other Applicable Laws and Requirements. Notwithstanding anything set forth herein to the contrary, the parties acknowledge and agree that Developer shall not be required to construct any improvements that are not set forth in the Development Plan. The parties further agree that, subject to any changes to the Development Plan, the "Project" shall include the following:

Redevelopment of the Project Site. The City and Developer hereby agree that the Project consists of the renovation demolition of Hawthorne Plazaall of the Existing Buildings and the design, development and construction of certain new facilities on the Project Site, including first-class mixed-use retail and multi-family residential facilities, the CID Improvements Improvements, TIF Improvements, and other improvements described in this Section 2.01 2.1 and as set forth on the Project Budget plans attached hereto and incorporated by reference herein as Exhibit F. D. Developer hereby contemplates that all buildings, parking facilities (including both structured and surface parking) and other improvements constituting the Project, as set forth specifically described in this Section 2.01 and as set forth on Exhibit F 2.1 (the "Improvements"), shall be developed, constructed, completed, and operated on the Project Site in substantial accordance and compliance with the terms and conditions of this Agreement Section 2.1 and the final development plan approval from the City's Planning Commission and the City's Governing Body (the "Development Plan"). On and subject to the terms and provisions set forth in this Agreement, Developer shall have the sole right to, and shall be responsible for, demolition, design, redevelopment, construction, equipment construction and completion of the Improvements, and shall operate and use the Improvements in the manner described herein, all in accordance with the terms of this Agreement Section 2.1 and all other Applicable Laws and Requirements. Notwithstanding anything set forth herein to the contrary, the parties acknowledge and agree that Developer shall not be required to construct any improvements that are not set forth in the Development Plan. The parties further agree that, subject to any changes to in the Development Planplanning process of the City, the "Project" shall include the following: