Common use of Time of Review Clause in Contracts

Time of Review. To determine Land Owner's good faith compliance with this Agreement, and in compliance with Belmont Zoning Ordinance Section 28.12, the Planning Commission shall review this Agreement and all actions taken with respect to the development of the Property at a public hearing held at least every twelve months from the Effective Date, commencing on the first anniversary of the Effective Date. The date for the annual review may be modified either by agreement between the Parties or, if the City initiates the change, upon recommendation of the Community Development Director, and by an affirmative vote of a majority of the Planning Commission.

Time of Review. To determine Land Owner's good faith compliance with this Agreement, and in compliance with Belmont Zoning Ordinance Section 28.12, the Planning Commission shall review this Agreement and all actions taken with respect to the development of the Property at a public hearing held at least every twelve months from the Effective Date, commencing on the first anniversary of the Effective Date. The date for the annual review may be modified either by agreement between the Parties or, if the City initiates the change, upon recommendation of the Community Development Director, and by an affirmative vote of a majority of the Planning Commission.