Vested Right. The Final Plat shall have vested rights for a period of three (3) years from the date of this Agreement. If, after such time, no reasonable and substantial efforts have commenced to construct the Subdivision Improvements, as determined by the Town at its sole discretion, said plat may be vacated by action of the Town.
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Samples: Subdivision Development and Improvement Agreement, Subdivision Development and Improvement Agreement, Subdivision Development and Improvement Agreement
Vested Right. The Final Plat shall have vested rights for a period of three (3) years from the date of this Agreement. If, after such time, no reasonable and substantial efforts have commenced to construct the Subdivision Improvements, as determined by the Town at its sole reasonable discretion, said plat may be vacated by action of the TownTown subject to thirty (30) days’ prior written notice to the Developer.
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