Common use of Commitment to Develop Clause in Contracts

Commitment to Develop. a. GCIH1 hereby agrees to develop the Project in conformance with all applicable laws, rules and regulations of the City and any other governmental entity having authority over the Project, so that, upon approval by the Chief Building Official of the City, the Project fully satisfies the Codes of the City of Baytown, Texas, including, but not limited to, the Code of Ordinances, Baytown, Texas; the National Electrical Code; the International Plumbing Code; the International Mechanical Code; the International Fire Code and the International Building Code, as adopted by the City of Baytown, Texas, (collectively, the “Codes”) in accordance with a scope of work approved by the City Manager detailing the events and times of completion of each event: 1. Building permit must be applied for within 30 calendar days of the effective date of this agreement; and 2. Certificate of Completion for the dried-in building must be complete within 365 calendar days of securing the first building permit. Prior to any construction activity on the Property, GCIH1 must submit to the City properly sealed plans and specifications for written approval by the City’s Director of Engineering and the City Manager. The City must approve of the plans and specifications in writing prior to GCIH1 performing construction activities of any sort on the Property, such approval not to be unreasonably withheld, conditioned or delayed. b. Compliance with the Codes shall include, but not be limited to, performing environmental cleanup of the Property if any is required, providing sealed construction drawings; employing licensed professionals for those development activities required to be made by a licensed professional pursuant to the Codes; obtaining or causing to be obtained all required permits pursuant to the Codes; obtaining and satisfying all required inspections; and obtaining a certificate of completion for the Project within 365 calendar days of the issuance of the first building permit. c. Within 365 calendar days of the issuance of the first building permit, GCIH1 will invest at least EIGHTY THOUSAND AND NO/100 DOLLARS ($80,000.00) in the Project, and shall provide to the City proof of the same in a form that the City may require.

Commitment to Develop. a. GCIH1 DEVELOPER hereby agrees to develop the Project in conformance with all applicable laws, rules and regulations of the City CITY and any other governmental entity having authority over the Project, so that, upon approval by the Chief Building Official of the CityCITY, the Project fully satisfies the Codes of the City of Baytown, Texas, including, but not limited to, the Code of Ordinances, Baytown, Texas; the National Electrical Code; the International Plumbing Code; the International Mechanical Code; the International Fire Code and the International Building Code, as adopted by the City of Baytown, Texas, (collectively, the “Codes”) in accordance with a scope of work approved by the City Manager detailing the events and times of completion of each event: 1. Building permit for structural repairs must be applied for within 30 calendar days of the effective date of this agreement; andEffective Date; 2. Certificate of Completion for All structural repairs detailed in the dried-in building structural analysis completed by ▇▇▇▇▇▇ Engineering must be complete completed and pass inspection within 180 calendar days of the Effective Date; 3. A new roof on the ▇▇▇▇▇▇▇ and all other roof repairs must be completed and pass inspection within 365 calendar days of securing the Effective Date; and 4. Certificate(s) of Occupancy/Completion must be obtained within two (2) years calendar days of the issuance of the first building permitpermit for the Project. Prior Except for performing structural repairs detailed in the ▇▇▇▇▇▇ Engineering structural analysis, prior to any construction activity on the Property, GCIH1 DEVELOPER must submit to the City CITY properly sealed plans and specifications for written approval by the City’s CITY’S Director of Engineering and the City Manager. The City CITY must approve of the plans and specifications in writing prior to GCIH1 DEVELOPER performing construction activities of any sort on the Property, such approval not to be unreasonably withheld, conditioned or delayed. b. Compliance with the Codes shall include, but not be limited to, performing environmental cleanup of the Property if any is required, providing sealed construction drawings; employing licensed professionals for those development activities required to be made by a licensed professional pursuant to the Codes; obtaining or causing to be obtained all required permits pursuant to the Codes; obtaining and satisfying all required inspections; and obtaining a certificate Certificate(s) of completion Occupancy for the Project within 365 calendar days two (2) years of the issuance of the first building permitpermit for the project. c. Within 365 calendar days of It is expressly understood and agreed by the issuance of CITY and DEVELOPER that if the first building permit, GCIH1 will invest at least EIGHTY THOUSAND AND NO/100 DOLLARS ($80,000.00) repairs required in this section are more extensive than detailed in the Projectstructural analysis completed by ▇▇▇▇▇▇ Engineering as certified in writing by DEVELOPER’s engineer, and the deadlines shall provide to be extended for the City proof of period that DEVELOPER’s engineer determines is reasonable given the same in a form that the City may requireadditional work needed.