Order of Completion. Development of Division II Phases II-VI may be commenced in any order or simultaneously as determined by the Owner once the roads in Division II Phase I are completed to Teton County crushed gravel standards and all lots are eligible for certificates of occupancy. The infrastructure for Phases II-VI of Division II must be complete before lots in those phases can be sold.
Order of Completion. Except as otherwise set forth in this Article II, the matters provided for in this Article II (the “Distributions”) shall be completed on the Closing Date immediately prior to the Effective Time in the order set forth in this Article II.
Order of Completion. The Contractor shall submit with each invoice, and at other times reasonably requested by the Supervising Professional, schedules showing the order in which the Contractor proposes to carry on the work. They shall include the dates at which the Contractor will start the several parts of the work, the estimated dates of completion of the several parts, and important milestones within the several parts.
Order of Completion. The matters provided for in Article I shall be completed in the order set forth therein.
Order of Completion. On the first day of every month in which any portion of the work is to be completed, and at such times thereafter as may be reasonably requested by the Owner’s Representative, the Contractor shall submit schedules that show the order in which the Contractor proposes to carry out the work for the duration of the project and, in particular, for the current month, with dates at which the Contractor will start each portion or part of the work, specific estimated dates of completion of each portion or part of the work, and a detailed description of the specific portion or part of the work to be completed by the end of the current month.
Order of Completion. Division II Phases II-VI may be completed in any order as determined by the Owner. Work on any phase may be commenced prior to and/or simultaneously with work in any other phase.
Order of Completion. Development of Division II Phases II-VI may be commenced in any order or simultaneously as determined by their respective Oowner. once all of Phase I of Division II is complete and accepted by Teton County, including the Reclamation of Tract J (Golf Course area), as described in Commented [BA16]: Phase I Division II infrastructure is complete. Golf reclamation is complete. paragraph 2(e) of this Agreement. The infrastructure of Phases II-VI of Division II must be complete before a plat may be recorded and lots in those phases sold.
Order of Completion. Development of Division II Phases II – V may be commenced in any order or simultaneously as determined by the Owner once the roads in Division II Phase I are completed to Teton County crushed gravel standards. [Staff recommends adding, “and all lots are eligible for certificates of occupancy”] Development of Division II Phase VI may commence upon completion of Division II Phase I. The infrastructure for all future phases must be complete before lots in those phases can be sold.” The phasing plan is an important financial consideration for the applicant and a topic of discussion since conversations between Big Sky Western Bank and the County began in 2009. We do not see that the County is in any type of jeopardy with the current development agreement proposal that requires roads to be completed to a gravel surface and accepted by the County with an ongoing letter of credit for future paving. As we have discussed, the need for paving – the only remaining infrastructure item -- could be many years into the future. Barring River Rim or the future owner the opportunity to develop the only potential remaining profitable area within the development seems more punitive than good planning. Plus as we have all generally agreed, it is not wise or practical to pave roads that will see limted use. The stipulation to pave after the issuance of 30 building permits is in place and is considered reasonable and acceptable to all and is covered by a letter of credit obligation until completed. We therefore wish to reiterate our understanding from the last P&Z meeting that the commission was supportive of the plan to complete roads in Phase I to County gravel standards before allowing Phase VI to proceed. Paving of the Phase I roads, which would be covered by a letter of credit, would only be required once 30 building permits were issued.
Order of Completion
