Minimum Improvements. The parties hereto agree that the Redeveloper shall be solely responsible for making the following minimum improvements (the “Minimum Improvements”) as part of its redevelopment of the Project site:
Minimum Improvements. Developer shall have no obligation to complete any of the Improvements described herein unless and until Closing occurs as described in Section 5.1 below. Developer hereby agrees that upon Closing, Developer shall be deemed irrevocably committed and obligated to the UG to complete and open all of the Improvements described in Phase 1 above in accordance with the terms of this Agreement (the "Minimum Improvements"). If Closing occurs and Developer thereafter constructs and completes at least the Minimum Improvements, Developer shall not be deemed to be in default if it elects, for any reason, not to complete any of the other Improvements described in Phase 2 above.
Minimum Improvements a. Demolition of 0000 Xxxxxx Xxxx F Building and construction of parking lot for 0000 Xxxxxxxxx
Minimum Improvements. (a) The Project includes Minimum Improvements which will be constructed by the Master Redeveloper or a Secondary Redeveloper in Phases, consistent with a Final Development Plan and Development Contract for each Phase. The currently anticipated Phases are depicted in the Minimum Improvements Site Plan attached as Exhibit B. Upon approval of a Final Development Plan and Development Contract for a particular Phase, the Elements contained therein will become “Minimum Improvements.” The Minimum Improvements will be specifically identified by Phase in a Development Contract. The Master Redeveloper currently intends on constructing the following Minimum Improvements by Phase in accordance with this Agreement: (i) Phase 1A Minimum Improvements; (ii) Phase 1B Minimum Improvements; (iii) Phase 2 Minimum Improvements; (iv) Phase 3 Minimum Improvements; (v) Phase 4 Minimum Improvements; and (vi) Phase 5 Minimum Improvements.
Minimum Improvements. Developer shall have no obligation to complete any of the Improvements unless and until Developer delivers a Notice to Proceed to the City as described in Section 3.02(c)(ii) below. Developer hereby agrees that upon Developer's delivery of such a Notice to Proceed, Developer shall be deemed irrevocably obligated to complete the Minimum Improvements in accordance with the terms of this Agreement and to fund the Developer Contribution (as defined in Section 3.02
Minimum Improvements. Redeveloper agrees to construct the Minimum Improvements, which shall consist of renovation of the interior common area and exterior improvements of the Mall, including replacement or enhancement of the following items: new entrance structures, flooring, lighting, graphics, restrooms, parking deck lighting, exterior benches and associated items, column, interior paint, and furniture, as more fully described on, and in accordance with, the Minimum Improvements Plan attached as Exhibit B.
Minimum Improvements. Tenant shall construct on the Premises the Minimum Improvements, as defined on and shown on the development plan and drawings attached hereto and made a part hereof as Exhibit “D” (“Development Plan”). Tenant agrees to complete construction of the Minimum Improvements in accordance with the project schedule attached hereto and made a part hereof as Exhibit “E” (“Schedule of Improvements”).
Minimum Improvements. The Developer hereby covenants to construct the Minimum Improvements on the Development Property pursuant to the terms and conditions of this Agreement. The City and the County understand and acknowledge that the Developer will pay the costs of constructing the Minimum Improvements. The Minimum Improvements consist of the construction and equipping of an at least 145,000 square foot expansion to Developer’s corporate headquarters office building on the Development Property. In connection with the construction of the Minimum Improvements, the Developer acknowledges that the construction of the Minimum Improvements may require the relocation of an existing water main on the Development Property or construction of a new water main. The Developer will be responsible for relocating or replacing the existing water main and all costs associated therewith. Any relocated or replacement water main shall be located in a public easement conveyed to the City.
Minimum Improvements. A minimum of approximately 75 units of rental housing, 57 of which shall have 2 or more bedrooms, 15 residential townhomes and approximately 8,000 to 15,000 square feet of ground floor commercial/community space based on market demand as design advances. Developer shall install all required site improvements at its sole cost and in accordance with plans and specifications approved or to be approved through standard City procedures. Development on the Property will achieve LEED SILVER certification (or relevant equivalent) for building shell and core and incorporate sustainable design features consistent with the Enterprise Green Communities standard consistent with the “Minnesota Overlay and Guide to the Green Communities Criteria” for City- financed projects, as applicable. The design of the project will make pedestrian connections to public access improvements leading to the river (the “Project”).
Minimum Improvements. The Project shall include the following minimum improvements (the “Minimum Improvements”):
