Common use of Construction Timing Clause in Contracts

Construction Timing. Except as specifically provided in this Agreement and subject to approval processes set forth herein, the timing and phasing of construction within the Development shall be at the Developer’s option provided that the assessed value of the Development and the tax increment created are consistent with the schedule provided in the TID #▇ - ▇▇▇▇ ▇ ▇▇▇▇ ▇▇▇▇▇▇ Tax Increment Projection Worksheet, “Exhibit C”, and provide adequate increment for reimbursement of appropriate costs paid by the Developer.

Construction Timing. Except as specifically provided in this Agreement and subject to approval processes set forth herein, the timing and phasing of construction within the Development shall be at the Developer’s option provided that the assessed value of the Development and the tax increment created are consistent with the schedule provided in the TID #▇ - ▇▇▇▇ ▇ ▇▇▇▇ ▇5 – ▇▇▇▇▇ Towing Redevelopment Tax Increment Projection Worksheet, “Exhibit C”, and provide adequate increment for reimbursement of appropriate costs paid by the Developer.