Vested Property Rights. The Developer shall have vested property rights to develop the Subdivision for a period of three (3) years from the effective date of this Agreement. The Developer shall be entitled to all rights, privileges, and remedies arising from such vesting for said period in accordance with Chapter 17.47 of the Fruita Municipal Code and Sections 00-00-000 et. seq., C.R.S.
Vested Property Rights. The City will approve the creation of vested property rights for the Property pursuant to the Vested Property Rights Act, C.R.S. §00-00-000 et seq. In the event of conflict between this Agreement and the Vested Property Rights Statute or Municipal Code, this Agreement shall prevail.
Vested Property Rights the right to undertake and complete the development of a portion of the Project and use of a portion of the Property for a specified use and project described in an application and which is substantially in accordance with the uses, density and intensity of use and development standards set forth in any Approved SSDPs as defined in Section 7.9.101(A) of the City Code.
Vested Property Rights. (a) Vested Property Rights The City will approve the creation of vested property rights for the Property pursuant to the Vested Property Rights Act, C.R.S. §00-00-000 et seq. In the event of conflict between this Agreement and the Vested Property Rights Statute or Municipal Code, this Agreement shall prevail. In recognition of the size of the development contemplated under this Agreement, the substantial investment and time required to complete the development, the potential for phases of the development and the possible impact of economic cycles and varying market conditions during the course of the development, WSN and the City agree that vested property rights are approved under the following conditions: the rights to be vested shall extend only to the permitted uses and densities set forth in the Regulating Plan adopted and approved by the City as described in Paragraph 3, with the exception of the grocery store and neighborhood commercial uses referred to in Section 3.2 and of any other commercial or industrial use of the Property, and to the public land dedication, infrastructure, financing, exactions, deed restricted housing and other requirements set forth in this Agreement.
Vested Property Rights. The Development Plan constitutes a site-specific development plan as defined in C.R.S. § 00-00-000, et seq., and shall create Vested Property Rights for five (5) years from the effective date of this Agreement. The Vested Property Rights include the rights identified below:
(a) The right to develop, plan, and engage in land uses within the Property as described in the Development Plan including the proposed density and intensity of use.
(b) The right to have the Development Plan and existing zoning to remain valid for the term of the vested property rights as established by this Agreement.
(c) The right to apply for and receive, upon compliance with the terms and conditions of this Agreement and the Town Code, grading permits, building permits, water taps, sewer taps, certificates of occupancy, and all other necessary permits necessary for the Project.
Vested Property Rights. (1) Since property rights may only be vested by the City pursuant to the provisions of Chapter 12, Title XVII of the Pueblo Municipal Code, Petitioner and the City hereby expressly acknowledge and agree that neither this Annexation Agreement, nor the corresponding approval of the amendment to the comprehensive plan nor the Zoning, Subdivision, or Special Use Permit, either collectively, separately or jointly (a) creates or establishes a vested property right in or for the benefit of the Petitioner or its successors or assigns, or with respect to the Property; or (b) constitutes a site-specific development plan. The terms "vested property right" and "site-specific development plan" shall have the same meaning as set forth in Section 17-12-2 of the Pueblo Municipal Code and §00-00-000, et seq., C.R.
Vested Property Rights. Amend Code Section 16-21-710(b)(2) by adding a subsection h which incorporates the Development Agreement (defined in and contemplated by Section 3(c)) in the list of instruments that can be a site specific development plan which creates vested property rights pursuant to C.R.S. § 00-00-000, et seq. and the Code.
Vested Property Rights. Application and scope.
Vested Property Rights. Pursuant to Code Section 00-00-000 (as amended pursuant to Section 2(d)), the Development Agreement will constitute a site specific development plan that creates vested property rights for a period of thirty (30) years from the date on which the Settlement is implemented pursuant to Section 8.
Vested Property Rights. The City will approve the creation of vested property rights for the Property pursuant to the Vested Property Rights Act, C.R.S. §00-00-000 et seq. In the event of conflict between this Agreement and the Vested Property Rights Statute or Municipal Code, this Agreement shall prevail. In recognition of the size of the development contemplated under this Agreement, the substantial investment and time required to complete the development, the potential for phases of the development and the possible impact of economic cycles and varying market conditions during the course of the development, YVHA and the City agree that vested property rights are approved under the following conditions: the rights to be vested shall extend only to the permitted uses and densities set forth in the Regulating Plan adopted and approved by the City as described in Paragraph and to and other requirements set forth in this Agreement.
