Common use of Development of the Property Clause in Contracts

Development of the Property. The Property shall be developed in accordance with the Zoning Regulations and this Agreement. All costs charged by or to the City for reviews required by the Municipal Zoning and Development Ordinance (MZDO) shall be paid by the Owner or Developer(s) or other party applying for such review as generally charged throughout the City for plan review. The City shall, throughout the Term, maintain or cause to be maintained, a procedure for the processing of reviews as contemplated by the Zoning Regulations and this Agreement. Notwithstanding any provision of this Agreement, City acknowledges that neither Owner nor Developer shall be obligated under any circumstance to undertake any Development of the Property, unless funds are obtained by Owner, its successors or assigns, through public financing, in which case Owner, its successors or assigns, as applicable, shall be obligated to complete the infrastructure to be finached through such public financing.

Appears in 1 contract

Samples: Development Agreement

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Development of the Property. The Property All Development of the Property, if any, shall be developed completed in accordance with the Zoning Regulations and this AgreementRegulations. All costs charged by or to the City for reviews required by the Municipal Zoning and Development Ordinance (MZDO) MZDO shall be paid by the Owner or Developer(s) or other party Person applying for such review as generally charged throughout the City for plan review. The City shall, throughout the Term, maintain or cause to be maintained, a procedure for the processing of reviews as contemplated by the Zoning Regulations and this AgreementRegulations. Notwithstanding any provision of this Agreement, City acknowledges that neither Owner nor Developer shall be obligated under any circumstance to undertake any Development of the Property, unless funds are obtained by Owner, its successors or assigns, through public financing, in which case Owner, its successors or assigns, as applicable, shall be obligated to complete the infrastructure to be finached financed through such public financing.

Appears in 1 contract

Samples: Development Agreement

Development of the Property. The Property shall be developed in accordance with the Zoning Regulations and this Agreement. All costs charged by or to the City for reviews required by the Municipal Zoning and Development Ordinance (MZDO) shall be paid by the Owner or Developer(s) or other party applying for such review as generally charged throughout the City for plan review. The City shall, throughout the Term, maintain or cause to be maintained, a procedure for the processing of reviews as contemplated by the Zoning Regulations and this Agreement. Notwithstanding any provision of this Agreement, City acknowledges that neither Owner nor Developer shall be obligated under any circumstance to undertake any Development of the Property, unless funds are obtained by Owner, its successors or assigns, through public financing, in which case Owner, its successors or assigns, as applicable, shall be obligated to complete the infrastructure to be finached financed through such public financing.

Appears in 1 contract

Samples: Development Agreement

Development of the Property. The Property shall be developed in accordance with the Zoning Regulations and this Agreement. All costs charged by or to the City for reviews required by the Municipal Zoning and Development Ordinance (MZDO) MZDO shall be paid by the Owner Owner, Developer, or Developer(s) Secondary Developer or other party applying for such review as generally charged throughout the City for plan review. The City shall, throughout the Term, maintain or cause to be maintained, a procedure for the timely processing of reviews as contemplated by the Zoning Regulations and this Agreement. Notwithstanding any provision of this Agreement, City acknowledges that neither Owner nor Developer shall be obligated under any circumstance to undertake any Development of the Property, unless funds are obtained by Owner, its successors or assigns, through public financing, in which case Owner, its successors or assigns, as applicable, shall be obligated to complete the infrastructure to be finached financed through such public financing.

Appears in 1 contract

Samples: Development Agreement

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Development of the Property. The Property shall be developed in accordance with the Zoning Regulations and this Agreement. All costs charged by or to the City for reviews required by the Municipal Zoning and Development Ordinance (MZDO) MZDO shall be paid by the Owner Owner, Developer, or Developer(s) Secondary Developer or other party applying for such review as generally charged throughout the City for plan review. The City shall, throughout the Term, maintain or cause to be maintained, a procedure for the timely processing of reviews as contemplated by the Zoning Regulations and this Agreement. Notwithstanding any provision of this Agreement, City acknowledges that neither Owner nor Developer shall be obligated under any circumstance to undertake any Development of the Property, unless funds are obtained by OwnerOwner or Developer, its their successors or assigns, through public financing, in which case OwnerOwner or Developer, its their successors or assigns, as applicable, shall be obligated to complete the infrastructure to be finached financed through such public financing.

Appears in 1 contract

Samples: Development Agreement

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