Common use of Required Information from Developer Clause in Contracts

Required Information from Developer. Not more than sixty (60) days and not less than forty-five (45) days prior to the Annual Review Date, Developer shall provide a letter to the Planning Director containing evidence to show compliance with this Agreement. The Planning Director’s review shall be limited to compliance with Developer’s obligations under Section 4 and 6 of this Agreement and a determination that there exists no uncured Material Breach under the DDA after passage of all applicable cure periods thereunder. The letter from the Developer shall set forth in reasonable detail Developer’s compliance with its obligations under Sections 4 and 6 of this Agreement. Developer may also provide an estoppel certificate or equivalent letter or instrument from the Authority which shall serve as conclusive proof binding on the City as to whether or not there exists any uncured Material Breaches under the DDA after passage of all applicable cure periods thereunder.