STATEMENT OF REQUIRED PROVISIONS. In accordance with S. C. Code § 6-31-60 (A) of the South Carolina Local Government Development Act:
1. A legal description of the property subject to this Agreement is attached as Exhibit . The legal and equitable owners of this property are
2. The duration of this Agreement is five years.
3. The development uses permitted on the property, including densities, building intesisties and heights are as set forth in the Village Green Development Standards attached to this Agreement as Exhibit , and include residential, commercial and institutional uses. The population density, based on the most recent census data, is anticipated to be
4. The development contemplated by this Agreement will require police, fire, emergency medical, sanitation, recreation, water and sewer, drainage, roads, schools and utilities. The City of Charleston will provide police, fire, sanitation and recreation facilities and drainage and utility services. Drainage facilities, constructed to City standards, will be built by the Developer as development proceeds. Charleston County will provide emergency medical services to the property. The Charleston Water System (CWS) will provide water and sewer service to the property. The developer is responsible for constructing water and sewer infrastructure to CWS standards and conveying the infrastructure to CWS. The developer will be responsible for the construction of roads to City standards and the conveyance thereof to the City and the improvement of roads and intersections as set out in the Agreement. The Charleston County School District will provide schools to serve the property. Land for a park will be made available for purchase by the City, at the election of the City. A School Contribution Fee will be collected to assist in meeting school requirements for the property. SCE&G will provide electricity and gas to the property. Other utilities providers (cable, telephone etc) will be selected by the developer and their installations coordinated as subdivisions occur.
5. The Village Green Development Standards incorporate buffer requirements for critical areas. The requirements of the City’s Stormwater Master Plan for the Church Creek Watershed will be adhered to. The Village Green Development Standards contain management practices to improve water quality during development that will be adhered to.
6. Development permits needed are set forth in Section 4.4 A and B of the Agreement.
7. The development proposed and authorized by the Agreement...
STATEMENT OF REQUIRED PROVISIONS. The Act requires that a development agreement must include certain mandatory provisions, pursuant to Section 6-31-60 (A). Although certain of these items are addressed elsewhere in this Agreement, the following listing of the required provisions is set forth for convenient reference. The numbering below corresponds to the numbering utilized under Section 6-31-60 (A) for the required items:
A. Legal Description of Property and Legal and Equitable Owners. The legal description of the Property is set forth in Exhibit A attached hereto. The present legal owner of the Property is Xxxxx Real Estate, LLC.
STATEMENT OF REQUIRED PROVISIONS. The Act requires that a development agreement must include certain mandatory provisions, pursuant to Section 6-31-60 (A). Although certain of these items are addressed elsewhere in this Agreement, the following listing of the required provisions is set forth for convenient reference. The numbering below corresponds to the numbering utilized under Section 6-31-60 (A) for the required items:
A. Legal Description of Property and Legal and Equitable Owner. The legal description of the Property is set forth in Exhibit A attached hereto. The present legal owner of the Property is M.B.B. Development, LLC. The equitable owner of the Property is Developer by virtue of its contract to purchase the Property.
STATEMENT OF REQUIRED PROVISIONS. In compliance with Section 6-31-60(A) of the Act, the Developer represents that this Agreement includes all of the specific mandatory provisions required by the Act, addressed elsewhere in this Agreement.
STATEMENT OF REQUIRED PROVISIONS. The Act requires that a development agreement must include certain mandatory provisions, pursuant to Section 6-31-60(A). Although certain of these items are addressed elsewhere in this Agreement, the following listing of the required provisions is set forth for convenient reference. The numbering below corresponds to the numbering utilized under Section 6-31-60(A) for the required items:
STATEMENT OF REQUIRED PROVISIONS. The Act requires that a development agreement must include certain mandatory provisions, pursuant to Section 6-31-60(A). Although certain of these items are addressed elsewhere in this Agreement, the following listing of the required provisions is set forth for convenient reference. The numbering below corresponds to the numbering utilized under Section 6-31-60(A) for the required items:
A. Legal Description of the Property and the Legal and Equitable Owners. The legal description of the property is set forth in Exhibit “E” and “E-1” attached hereto. The present legal owner of the Mall Tract is Shelter Cove Towne Centre, LLC, a South Carolina limited liability company. Shelter Cove Towne Centre, LLC, is also the developer of the Mall Tract under this Agreement upon the Effective Date. The total acreage for the Mall Tract shall be 41.85 after the reconfiguration of Shelter Cove Lane, the addition of the 4.90 acre Exchange Parcel, and the revised multi-family parcel of 4.62 acres as defined in Section III(S) above.
STATEMENT OF REQUIRED PROVISIONS. The Act requires that a development agreement must include certain mandatory provisions, pursuant to Section 6-31-60(A). Although certain of these items are addressed elsewhere in this Amended and Restated Development Agreement, the following listing of the required provisions is set forth for convenient reference. The numbering below corresponds to the numbering utilized under Section 6-31-60(A) for the required items:
A. Legal Description of the Property and the Legal and Equitable Owners. The legal description of the property is set forth in Exhibit “E” attached hereto. The present legal owner of the Mall Tract is DEVELOPER and the Town until the Closing as provided for in Paragraph . The total acreage for the Mall Tract is currently 41.92 acres (prior to the Land Swap as hereafter described), more or less, located within the Town of Hilton Head Island, South Carolina, more fully described in that certain plat entitled “Boundary Reconfiguration of Shelter Cove Mall Area, A Section of Shelter Cove” (“Reconfiguration Plat”) dated October 24, 2013, prepared by Surveying Consultants, recorded in the Register of Deeds Office for Beaufort County, South Carolina, in Plat Book 138 at Page 1. The 41.92 acre parcel includes Area “A-2” and excludes Area “B-2” on the Reconfiguration Plat and includes 4.62 acres entitled “Multi- Family Parcel”, and Area “A-1” on the above-referenced Reconfiguration Plat. The size of the Exchange Parcel shall be in addition to the 41.92 acreage, currently constituting the Mall Tract.
STATEMENT OF REQUIRED PROVISIONS. 4745
A. Legal Description of Property and Legal and Equitable Owners 4745 B. Duration of Agreement. 4846
STATEMENT OF REQUIRED PROVISIONS. The Act requires that a development agreement must include certain mandatory provisions, pursuant to Section 6-31-60 (A). Although certain of these items are addressed elsewhere in this Agreement, the following listing of the required provisions is set forth for convenient reference. The numbering below corresponds to the numbering utilized under Section 6-31-60 (A) for the required items:
A. Legal Description of Property and Legal and Equitable Owners. The legal description of the Property is set forth in Exhibit A attached hereto. The present legal owner of the Property is Sherwood Plantation, Inc. Sherwood Village, LLC (Developer) is an equitable owner of the property pursuant to an option to purchase with Owner.
STATEMENT OF REQUIRED PROVISIONS
