Common use of Required Improvements Clause in Contracts

Required Improvements. The Developer agrees to pay the full cost of all the improvements listed below if applicable to the Project. 1. Water System - The Developer agrees to pay the cost of a State of Tennessee approved potable water system, including without limitation, water mains, fire hydrants, valves, service lines, and accessories, located within the Project, and water mains, fire hydrants, valves, service lines, and accessories, located outside the Project but required to serve the Project. a. The Developer acknowledges that the Town will assess water meter connection charges against the Project in accordance with Town policy prevailing at the time building permits are acquired. b. The Developer agrees to bear the cost of all engineering, inspection and laboratory costs incurred by Developer incidental to the water service system in or to the Project, and if the Development Director or his designee deems it necessary, to have additional work of such nature performed as directed without cost to the Town.

Appears in 5 contracts

Samples: Subdivision Development Agreement, Development Agreement, Subdivision Development Agreement

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