Common use of Small Site Alternative Clause in Contracts

Small Site Alternative. If Developer is unable to obtain any Site Control over the Private Parcels and is unable to successfully negotiate a license/construction agreement with the Private Parcel interests as needed to enter and improve the Private Parcels as contemplated in the Reduced Site Alternative, then Developer may elect a “Small Site Alternative” (Attachment B-3). Pursuant to the Small Site Alternative, Developer would implement the Project around the Private Parcels without any improvements to such Private Parcels; the Private Parcels would be left in an as-is condition and not fully incorporated into the Project. Developer’s design of the Small Site Alternative, however, must ensure continued access and sufficient parking for the Private Parcel occupants.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Small Site Alternative. If Developer is unable to obtain any Site Control over the Private Parcels and is unable to successfully negotiate a license/construction agreement with the Private Parcel interests as needed to enter and improve the Private Parcels as contemplated in the Reduced Site Alternative, then Developer may elect a “Small Site Alternative” (Attachment B-3). Pursuant to the Small Site Alternative, Developer would implement the Project around the Private Parcels without any improvements to such Private Parcels; the Private Parcels would be left in an as-is condition and not fully incorporated into the Project. Developer’s design of the Small Site Alternative, however, must ensure continued access and sufficient parking for the Private Parcel occupants.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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