Revised Project. Subsequently, on or about June, 2012, Landowner submitted a revised project proposal contemplating 700 to 945 housing units, a continuing care retirement community of up to 150 suites with up to 225 beds, a 150-room hotel, an approximately 154,000 square foot Membership Warehouse Store and associated gas station and related facilities, and a wide variety of other uses including approximately 40,000 square feet of neighborhood-serving retail and restaurants, community facilities, research and development (“R&D”), light industrial, warehousing and office space, and parks, public open space and other public amenities. The revised project was analyzed in a Supplemental Environmental Analysis (“SEA”) to the Final EIR dated September 19, 2012. The SEA described the revised project proposal and how its impacts would be mitigated. On October 3, 2012, the Planning Commission recommended the Board take the necessary actions to approve Landowner’s revised project proposal.
Revised Project. If, during the forty-five day cure period, the Grantee determines that it will be unable to complete the Project as set forth in Exhibit II, and the Grantee has not received all of the Funds, the Grantee may, prior to the expiration of the cure period, present to the Grantor its proposed changes to the Project (hereinafter the Project with proposed changes shall be referred to as the “Revised Project”). If Grantee submits a Revised Project prior to the expiration of the cure period, the Grantor, in its sole discretion, shall either approve or reject the Revised Project. If the Revised Project is approved by the Grantor, then such approval shall be deemed to constitute a cure of the default by the Grantee, and an amendment shall be executed between the Grantor and the Grantee acknowledging that this Agreement shall be for the payment of Funds for completion of the Revised Project. If the Revised Project is rejected by the Grantor, then this Agreement shall be terminated as set forth in Article 16.1.
Revised Project. The Revised Project consists of development at the Site (hereinafter the “Revised Project”). The Site shall consist of up to 340 Active Adult and/or Assisted Living units, underground garaged and surface parking, and other on-site amenities.
Revised Project. Valley Green Grow will revise its Project plans to reduce the size of the Project and its potential impacts on the Town and its residents. To that end, Valley Green Grow may, within two years from the Effective Date of this Settlement Agreement apply to the Planning Board to modify its Original Site Plan for the Project (“Revised Project”). The Parties agree that VGG’s submission, and the Planning Board’s consideration, of the Revised Project as a modification to the Original Site Plan is with the agreement and understanding that the intent of the Parties is to effectuate the spirit of their written agreements. The maximum square footage of cultivation “canopy” of the Revised Project will be up to 250,000 square feet (“SF”), and the maximum building size of the Revised Project will be up to a total of 417,000 SF. The size of the co-generation power plant will be reduced for the Revised Project to produce a maximum output at 120 percent of full/peak load current of the facility. The buildings and improvements of the Revised Project will not be located outside of the development envelope of the Original Site Plan. The buildings and structures of the Revised Project will be located no closer to the abutting residential properties on Old Worcester Road than under the Original Site Plan. The Revised Project will not exceed these limitations.
Revised Project. 3.1 Forthwith upon adoption of the Warrant Articles by the Town Meeting and their approval by the Attorney General, the Owner will apply for such special permit, site plan approvals and other required local approvals from the Town as is required by the Zoning Bylaw Amendment (the “Revised Project Permits”).
Revised Project. Due to the foregoing increased development costs and changes in market conditions, Developer has revised the residential component of the Original Project to replace the previously approved 316 condominium units with 154 detached single-family homes and duets (the “Revised Project” or “Project”). Option “A” for the Revised Project would retain the principal features of the Waterfront Park as described in Recital D above. Option “B” for the Revised Project would not include the Waterfront Park. The Developer is now seeking land use approvals (the “Entitlements”) for the Revised Project.
Revised Project. Crown Castle shall submit to the Town applications in accordance with Section 2 below for a revised version of the Original Project (“Revised Project”). The Revised Project shall be in substantial conformance with the facilities described in Exhibit A hereto.
