Common use of Development Timing Clause in Contracts

Development Timing. The Property is intended to be developed in one phase. Construction will be commenced by Summer of 2022 and shall be completed by 2024. For purposes of the timing, “commencement” means securing approved construction drawings and permitting for the Development and “completion” is defined as completed for certificate of Occupancy. The timeline for commencement shall with the shall comply with Sec. 101-355(h) of the City Land Development Code.

Development Timing. The Property is intended to be developed in one phase. Construction will be commenced by Summer of 2022 2023 and shall be completed by 2024. For purposes of the timing, “commencement” means securing approved construction drawings and permitting for the Development and “completion” is defined as completed for certificate of Occupancy. The timeline for commencement shall with the shall comply with Sec. 101-355(h) of the City Land Development Code.