Township Approval of Concept Plan. At the conclusion of the Due Diligence Period, Redeveloper shall provide a more detailed concept plan for Township approval, which shall be substituted as Exhibit A to this Agreement. Approval of Redeveloper’s concept plan by the Township, shall be a completeness item and prerequisite to the jurisdiction of the Planning Board to accept Redeveloper’s application for Site Plan approval.
Township Approval of Concept Plan. Prior to conclusion of the Due Diligence Period Redeveloper shall provide a more detailed concept plan for Township approval which shall be substituted as Exhibit A to this Agreement. The concept plan will also be submitted by the Seller to the Downtown Alliance solely for advisory and non-binding input. Approval of Redeveloper’s concept plan shall be a completeness item before the Planning Board as part of the Redeveloper’s application for Site Plan approval. The Township has requested that Purchaser review, consider and discuss in good faith the following items in furtherance of potential coordination of the Project with other, yet to be determined, potential surrounding redevelopment projects:
(i) Whether the design of the planned parking lot at the end of Xxxxxxx Place could be expanded, at the Township’s cost, to allow for municipal parking; ¶ (iii)
(ii) The improvement of rights of way around the Property to alleviate traffic and provide better circulation in the area. Each of the foregoing items shall be considered to the extent same can be feasibly provided consistent with the overall Project concept plan and so as to not interfere with or diminish the design or operations of the planned studio, as well as consideration of the economic feasibility of such items. The concept plan shall include pedestrian access to facilitate people working within the Project Site to access the downtown to patronize local businesses, which access is currently contemplated to be on Lakeside Avenue and a location on the other side of the Project Site on either, but not both of, Xxxxxxx Place or the section of Columbia Street nearest to Xxxxxxx Place, but may be located at additional and/or another location(s) mutually acceptable to the Parties.
