Common use of SEPA Clause in Contracts

SEPA. The Parties acknowledge that the Development Project is subject to review and potential mitigation under various laws, including SEPA. Before the City Council considers approval of any Transaction Documents, the City will complete an environmental impact statement (“EIS”), including a comprehensive traffic and historic resources impact analysis, and identification of possible mitigating actions. The CiDRAFtT y may not take any action within the meaning of SEPA except as authorized by law, and nothing in this MOU is intended to limit the City’s exercise of substantive SEPA authority. OVG will pay for the preparation of the EIS, reimburse the City for the reasonable costs incurred by the City as part of the SEPA review, and will be responsible for funding any required mitigation imposed through substantive SEPA authority.

SEPA. The Parties acknowledge that the Development Project is subject to review and potential mitigation under various laws, including SEPA. Before the City Council considers approval of any Transaction Documents, the City will complete an environmental impact statement (“EIS”), including a comprehensive traffic and historic resources impact analysis, and identification of possible mitigating actions. The CiDRAFtT y CiDRAFT ty may not take any action within the meaning of SEPA except as authorized by law, and nothing in this MOU is intended to limit the City’s exercise of substantive SEPA authority. OVG will pay for the preparation of the EIS, reimburse the City for the reasonable costs incurred by the City as part of the SEPA review, and will be responsible for funding any required mitigation imposed through substantive SEPA authority.

SEPA. The Parties acknowledge that the Development Project is subject to review and potential mitigation under various laws, including SEPA. Before the City Council considers approval of any Transaction Documents, the City will complete an environmental impact statement (“EIS”), including a comprehensive traffic and historic resources impact analysis, and identification of possible mitigating actions. The CiDRAFtT y CDiRAFT ty may not take any action within the meaning of SEPA except as authorized by law, and nothing in this MOU is intended to limit the City’s exercise of substantive SEPA authority. OVG will pay for the preparation of the EIS, reimburse the City for the reasonable costs incurred by the City as part of the SEPA review, and will be responsible for funding any required mitigation imposed through substantive SEPA authority.