Common use of Developable Area Clause in Contracts

Developable Area. The physical area of the Property that is available for 22 development consists of the entirety of the Property except for the areas which are precluded from 23 development by the Planning, Zoning and Subdivision and Land Development Regulations and 24 Zoning Regulations. The Parties acknowledge that the exact size, shape and configuration of one 25 or more of these areas may be adjusted based on final surveying, engineering, and design of each 26 project. Except as provided in Section 8.1.C of this Agreement, this developable area may not be 27 expanded, reduced, limited or otherwise altered by any legislative, executive or quasi-judicial 28 action of ▇▇▇▇▇▇ County including, but not limited to, a comprehensive rezoning, a piecemeal 29 rezoning, or the enactment of ordinances, resolutions, rules or regulations, or the interpretation 30 thereof (such as forest conservation or stream buffer ordinances), which would result in a 31 reduction of the developable areas of the Property.

Appears in 2 contracts

Sources: Development Rights and Responsibilities Agreement, Development Rights and Responsibilities Agreement