Common use of Review of Development Clause in Contracts

Review of Development. At City’s request, Master Developer shall appear before the City Council to review the Master Developer’s compliance with the terms of this Agreement pursuant to NRS 278.0205. The Parties agree that the first review shall occur no later than twelve (12) months after the Effective Date of this Agreement, and Master Developer shall provide an updated report every twenty-four (24) months on the anniversary date of that first review thereafter, or as otherwise requested by City upon thirty (30) days’ written notice to Master Developer. For any such review, Master Developer shall provide, and City shall review, a report submitted by Master Developer documenting the extent of Master Developer’s and City’s material compliance with the terms of this Agreement during the preceding reporting period. The report shall contain information regarding the progress of development within the Project, including, without limitation:

Appears in 4 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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