Status of Development Property Sample Clauses

Status of Development Property. The Development Property consists of the parcel legally described in Schedule A hereof. As of the date of this Development Agreement, the Developer is under contract to acquire the Development Property. The Developer acknowledges that the Authority has no obligation to acquire any of the Development Property.
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Status of Development Property. Subject to the satisfaction of the terms and conditions of this Agreement, the City agrees to sell the Development Property to the Developer and the Developer agrees to purchase the Development Property from the City in “as- is” condition through the execution and delivery of the Deed containing a right of reversion as provided under Section 9.3 of this Agreement and conveying marketable title to the Property, subject to: (a) Building and zoning laws, ordinances, state and federal regulations; (b) Restrictions and easements related to use or improvements of the Development Property that do not affect Developer’s intended use or improvement of the Development Property; (c) Reservations of minerals or mineral rights to the State of Minnesota; (d) The Plat; (e) This Contract for Private Development; (f) Real estate taxes due and payable in the year of the Closing and thereafter; (g) Assessment Agreement (h) Permitted Encumbrances, as defined in Section 3.3 of this Agreement.
Status of Development Property. As of the date of this Agreement, the Developer owns the Development Property. The City and the County shall have no obligation to acquire the Development Property or any portion thereof.
Status of Development Property. The Authority intends to enter into a purchase agreement to sell the Development Property to the Homes Within Reach Land Trust once the City Council approves the site plan.
Status of Development Property. (a) The Development Property consists of Lots 4, 5 and 6, Block 1 in The Crossing of Northfield, as described in Schedule A. Of that Development Property, the City owns the Remnant Lot (which is a portion of Lot 6) and the Additional City Lot (which is a portion of Lots 4, 5 and 6); all of which are described in Schedule A and are referred to together as the “City Parcels.” Northfield Lots, LLC (“Northfield Lots”), an entity related to the Bank, owns the remainder of the Development Property, described in Schedule A and referred to as the “Bank Parcels.” Developer has entered into a purchase agreement with Northfield Lots to acquire the Bank Parcels.

Related to Status of Development Property

  • Completion of Development 7.4.1 Upon the completion of the whole development or complete phases of the development, Council may review this Agreement, in whole or in part, and may: (a) retain the Agreement in its present form; (b) negotiate a new Agreement; (c) discharge this Agreement; or (d) for those portions of the development which are completed, discharge this Agreement and apply appropriate zoning pursuant to the Municipal Planning Strategy and Land Use By-law for Halifax Peninsula as may be amended from time to time.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

  • Design Development Documents See Section 2, Part 1, Article 2.1.5.

  • Commencement of Development 5.3.1 In the event that development on the Lands has not commenced within five (5) years from the date of registration of this Agreement at the Registry of Deeds or Land Registry Office, as indicated herein, the Agreement shall have no further force or effect and henceforth the development of the Lands shall conform with the provisions of the Land Use By-law. For the purpose of this section, commencement of development shall mean issuance of a Mobile Home Park Construction Permit. 5.3.2 For the purpose of this section, Council may consider granting an extension of the commencement of development time period through a resolution under Section 4.1 of this Agreement, if the Municipality receives a written request from the Developer at least sixty (60) calendar days prior to the expiry of the commencement of development time period.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Career Development The City and the Union agree that employee career growth can be beneficial to both the City and the affected employee. As such, consistent with training needs identified by the City and the financial resources appropriated therefore by the City, the City shall provide educational and training opportunities for employee career growth. Each employee shall be responsible for utilizing those training and educational opportunities made available by the City or other institutions for the self- development effort needed to achieve personal career goals.

  • Sustainable Development 4.1 The Authority will review the Contractor’s Sustainable Development Policy Statement and Sustainable Development Plan submitted by the Contractor in accordance with the Schedule (Sustainable Development Requirements) and then at least annually thereafter. 4.2 Sustainable Procurement Risk Assessment Methodology (SPRAM) is a tool used by the Authority to identify and mitigate any potential risks to sustainability in contracts. The process requires that each Contract be assessed for its potential social, economic and environmental risks, throughout the various stages of its lifetime. Where risks are identified, appropriate mitigation action is required to reduce or eliminate the risk to sustainability. The Authority may at times require input from the Contractor in order to ensure that this process is given the required levels of consideration.

  • Design Development Phase INDICATE IN STATEMENT OF WORK “NOT APPLICABLE” IF SECTION IS NOT APPLICABLE 1.1.6.1. The ARCHITECT/ENGINEER shall prepare from the approved Schematic Design Studies, the Design Development Documents consisting of drawings (including at least architectural, landscaping, civil, structural, mechanical and electrical plans, building sections; and finish schedule), outline specifications following the Construction Specification Institute "CSI" Format and other necessary documents to fix and describe the size and character of the entire Project as to its site, structural, mechanical, and electrical systems, materials and other such essentials as may be appropriate, for and until approved by the State. 1.1.6.2. The ARCHITECT/ENGINEER shall conduct meetings with the State, Efficiency Vermont, and relevant members of the design team, to review the Design Development Documents for the purposes of furthering the energy efficiency objectives of the Project. 1.1.6.3. The ARCHITECT/ENGINEER shall prepare for the State a revised accounting of how the Project is responding to LEED criteria. 1.1.6.4. The ARCHITECT/ENGINEER shall submit to the State a revised Statement of Probable Construction Cost based thereon for and until approved by the State.

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