Examples of Private Parcels in a sentence
Developer shall be solely responsible for attempting to obtain “Site Control” (as defined in Section 222 hereof) over the Private Parcels in order to assemble them into the Site.
Pursuant to the Small Site Alternative, Developer would implement the Project around the Private Parcels without any improvements to such Private Parcels; the Private Parcels would be left in an as-is condition and not fully incorporated into the Project.
Identification of any Private Parcels in the Major Phase, and a summary of the acquisition documents through which Developer has acquired or has rights to acquire the Private Parcels.
The Company shall pay all unpaid real estate taxes, assessments and water and sewer charges imposed upon the City Entity, if any, from the date title of the Private Parcels and the Company Parcels is conveyed to the City Entity, and the costs of the Title Insurance and the Survey and any other Acquisition Costs.
If Developer is unable to obtain any Site Control over the Private Parcels and is unable to successfully negotiate a license/construction agreement with the Private Parcel interests as needed to enter and improve the Private Parcels as contemplated in the Reduced Site Alternative, then Developer may elect a “Small Site Alternative” (Attachment B-3).
Adjacent to the Agency Parcels and City Parcels, are two privately-owned parcels of real property located at (i) 0000 Xxxx Xxxxxx, currently occupied by Yoli’s Flowers, APN 0000-000-000; and (ii) 0000 Xxxx Xxxxxx, currently occupied by Guadalajara Inn Restaurant, APN 0000-000-000 (collectively “Private Parcels”), which two Private Parcels are legally described in Attachment A-3 hereto and for which it is Developer’s sole responsibility to acquire site control over.
Acquisition Costs paid by the Company prior to the Closing shall be credited against the Disposition Parcel Purchase Price such that all Private Parcels for which the Company has paid the Acquisition Costs shall be transferred without further consideration.
Developer shall use commercially reasonable efforts to promptly obtain fee simple title, at commercially reasonable prices, to all Private Parcels, and shall keep the Agency reasonably informed of its efforts.
If Developer is unable to secure Site Control over the Private Parcels, then the Project shall proceed pursuant to either (i) the Reduced Site Alternative (Attachment B-2 hereto), or (ii) the Small Site Alternative (Attachment B-3).
The Agency Commission shall give or deny Approval of the Major Phase Application, as adjusted to remove the Private Parcels, in the manner and according to the standards set forth in the DRDAP.