Common use of Future Property Clause in Contracts

Future Property. Developer may at its discretion add certain future property it acquires, identified as parcel number AV-2194-A to this Agreement without modification of this Agreement or of the Master Plan, if such property will not contain any buildings or other improvements. Developer may add other future property to this Agreement upon approval of the Town Council and pending approval of any needed zone changes.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement

Future Property. Developer may at its discretion add certain future property it acquires, identified as parcel number AV-2194-A to this Agreement without modification of this Agreement or of the Master Plan, if such property will not contain any buildings or other improvements. Developer may add other future property to this Agreement upon approval if Town agrees that the addition of such future property is appropriate in light of its proximity to the Town Council Project, compatibility and pending approval the appropriateness of any needed zone changessuch a development pattern.

Appears in 1 contract

Sources: Development Agreement