Wyndfields Boulevard Northern Segment Sample Clauses

Wyndfields Boulevard Northern Segment. Design four (4) lanes and construct the first two (2) contiguous lanes of the Wyndfields Boulevard Northern Segment as an offset roadway. The Developer shall be entitled to design and construct the Wyndfields Boulevard Northern Segment in increments in connection with the ongoing development of the MPUD, the length of such increments to be determined by the County, at the time of preliminary/construction plan approval, as necessary to serve adjacent parcels within the MPUD. In any event, the Developer shall have completed the design and construction of the entirety of the Wyndfields Boulevard Northern Segment as a condition to the County approving the subdivision plat containing the 600th platted residential unit within the MPUD, and no residential unit may access S.R. 54 directly from the Project unless and until the entirety of the Wyndfields Boulevard Northern Segment and the Wyndfields S.R. 56 Western Segment (as defined in Paragraph 6.c., below) are constructed. In the event that five hundred forty (540) residential units within the MPUD have been platted and the design and construction of the Wyndfields Boulevard Northern Segment have not been completed, then Developer shall be required to post Security (as defined in Paragraph 9.a., below) in an amount equal to 125% of the Cost Estimate (as defined in Paragraph 7.e., below) for completing construction of the portion of the roadway not yet completed, but in any event, Developer shall post such Security by December 31, 2017. Such Security shall be maintained in full force and effect until the Wyndfields Boulevard Northern Segment is completed. Notwithstanding the foregoing, in the event that: (A) Xxxxxxxxx Drive is completed from its current terminus west of the 554-acre property which lies immediately south of and contiguous to the MPUD (the “Xxxxxxxxxx MPUD”) to Xxxxxx Bridge Road, and a roadway has been completed within the Xxxxxxxxxx MPUD providing a connection (the “Xxxxxxxxxx Connector”) from Xxxxxxxxx Drive to the MPUD at the southern terminus of Wyndfields Boulevard; or (B) Oldswood Avenue is completed from its current terminus west of the Xxxxxxxxxx MPUD to Xxxxxx Bridge Road, and the Xxxxxxxxxx Connector has been completed from Oldswood Avenue to the southern terminus of Wyndfields Boulevard, then such design and construction of the Wyndfields Boulevard Northern Segment pursuant to this paragraph shall be completed within twenty-four (24) months after the completion of both the Xxxxxxxxxx Co...
Sample 1
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Wyndfields Boulevard Northern Segment. Design four (4) lanes and construct the first two (2) lanes of Wyndfields Boulevard south from S.R. 54 at the northern boundary of the MPUD to the northern boundary of the intersection with S.R. 56. Such design and construction of said northern segment of Wyndfields Boulevard shall be completed by December 31, 2008, subject to extension as provided in Paragraph 6.c., below, or as determined by the County to be necessary to serve adjacent parcels within the MPUD at the time of preliminary/construction plan approval. In the event that Developer has been relieved of its obligation to build the portion of S.R. 56 within the Xxxxxx Chapel Lakes DRI pursuant to Paragraph 6.c., below, the design and construction of the northern segment of Wyndfields Boulevard provided for in this paragraph shall be completed within eighteen (18) months after the completion of at least two (2) lanes of S.R. 56 through the Xxxxxx Chapel Lakes DRI connecting to the western boundary of the MPUD, or as determined by the County to be necessary to serve adjacent parcels within the MPUD at the time of preliminary/construction plan approval.
Sample 1

Related to Wyndfields Boulevard Northern Segment

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