Development Agreement to Enter Lease of Land and Air Rights Sample Clauses

Development Agreement to Enter Lease of Land and Air Rights. In accordance with (a) Chapter 125, Florida Statutes; (b) the powers granted to County pursuant to authority properly delegated by the Florida legislature; (c) the authority to lease real property and air rights over real property belonging to Miami-Dade County; and (d) the Metrorail Joint Use Policy contained in Resolution R‑1443A‑81, adopted on September 28, 1981; and, for and in consideration of the fees, covenants and agreements specified herein, County agrees, pursuant to the terms of this Development Agreement, and does hereby grant unto Developer, its successors and assigns, and Developer does hereby take and hire, upon and subject to the conditions and limitations herein expressed, the right and obligation to develop and maintain the Development Site as more particularly described in Schedule 1.1 in accordance with the Master Plan, and upon satisfaction of the Closing Conditions enter into Lease(s) with County for the Development Site for such purposes, reserving to County the rights described herein, to have and to hold the same unto Developer, its successors and assigns for the Term.
Sample 1
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Related to Development Agreement to Enter Lease of Land and Air Rights

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