Single User/Larger Users Alternative Sample Clauses

Single User/Larger Users Alternative. Village and Developer acknowledge that while the Village Property Concept Plan contemplates the development of the Village Property with seven buildable lots (excluding the PEMA Facility Site) ranging in size from approximately
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Single User/Larger Users Alternative. Village and Developer acknowledge that while the Village Property Concept Plan contemplates the development of the Village Property with seven buildable lots (excluding the PEMA Facility Site) ranging in size from approximately 2.9 acres to approximately 6.6 acres, the potential exists to develop that portion of the Village Property located north of Persons Parkway with fewer and larger lots that would include the development of one or more lots in a manner that would prevent the complete construction of Depot Drive so as to provide a direct connection between the Xxx Xxxx Road entrance to the PACE Park and Ride Facility and Persons Parkway. In the event that the Developer obtains a signed lease of a building or a signed contract to construct a building within the Village Property during the term of this Agreement and prior to the development of any lot or portion of the Village Property as depicted on the Village Property Concept Plan that requires any portion of Depot Drive to be constructed (other than the portion of Depot Drive to be constructed in connection with the development of the PACE Park and Ride Facility) in order to obtain legally compliant vehicular access, Developer shall present to the Village a proposed revised final plat that creates a lot for the development of the building contemplated by the signed lease or contract presented to the Village by the Developer, together with such other supporting documentation and submittals as may be required under the ordinances of the Village for Village review to determine whether the same comply with the applicable ordinances of the Village and the provisions of this Agreement, which shall not include copies of leases or sale contracts, etc, but which shall include documentation sufficient to enable the Village to verify the existence of such lease or contract. For the purposes of the preceding sentence, the fact that a proposed revised final plat submitted by the Developer eliminates the complete construction of Depot Drive so as to prevent the direct connection between the Xxx Xxxx Road entrance to the PACE Park and Ride Facility and Persons Parkway shall not, in and of itself, cause the proposed revised final plat to be deemed noncompliant with the applicable ordinances of the Village or the provisions of this Agreement. Provided that such proposed revised final plat complies with the applicable ordinances of the Village and the provisions of this Agreement, the Village shall consider the same w...
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Related to Single User/Larger Users Alternative

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