Examples of Development Project in a sentence
The Developer requests that the Village create a business development district covering the Incentive Property to support financial assistance for the Development Project and businesses within the Incentive Property.
The Parties recognize and agree that this Agreement is the first of many agreements and contracts that will be necessary to properly and fully implement the Development Project.
Further, the Binding Redevelopment Agreement will require the Developer to pay to the Village, promptly upon presentation of a written demand or demands therefor, all reasonable third-party fees, costs, and expenses incurred or accrued by the Village in connection with the review, preparation and consideration of the Development Project.
Accordingly, the purpose of this Agreement is to serve as a “roadmap” for the further preparation of plans necessary for the Development Project and the establishment of all necessary governmental approvals for the Development Project.
This Agreement represents a statement of mutual cooperation of the Parties for the consideration of the Development Project.