Common use of Interim Use Clause in Contracts

Interim Use. The parties recognize that the existing buildings and facilities will be demolished resulting in portions of the site being vacant for a potentially significant period of time prior to new construction. Regarding the use and care of such vacant areas prior to final development, Owner agrees to keep such areas clean, free from undue litter and free from attractive nuisances. Any mature trees on the Site will be left in place until that area is ready for development (and, the Owner will attempt, but is not committing to, keeping mature trees along ▇▇▇▇▇▇ Street; along ▇▇▇▇ ▇▇▇▇▇▇; behind the current University ▇▇▇▇ ▇▇▇▇ School building; in the playground of the Walnut Center; and, south of the Drew School, in place for the long run, incorporating them into the development plan). If possible, not unduly expensive and not impracticable, Owner, during the time after demolition but prior to development shall create on the Site areas of green space for community use. The signatories hereto understand that, if a tree is in the reasonable path of development, the tree shall be removed. During this interim period, the Owner shall not use more than thirty-three percent (33%) of the Site as a surface parking lot.

Appears in 2 contracts

Sources: Community Benefits Agreement, Community Benefits Agreement

Interim Use. The parties recognize that the existing buildings and facilities will be demolished resulting in portions of the site being vacant for a potentially significant period of time prior to new construction. Regarding the use and care of such vacant areas prior to final development, Owner agrees to keep such areas clean, free from undue litter and free from attractive nuisances. Any mature trees on the Site will be left in place until that area is ready for development (and, the Owner will attempt, but is not committing to, keeping mature trees along ▇▇▇▇▇▇ Street; along ▇▇▇▇ ▇▇▇▇▇▇36th Street; behind the current University ▇▇▇▇ ▇▇▇▇ School building; in the playground of the Walnut Center; and, south of the Drew School, in place for the long run, incorporating them into the development plan). If possible, not unduly expensive and not impracticable, Owner, during the time after demolition but prior to development shall create on the Site areas of green space for community use. The signatories hereto understand that, if a tree is in the reasonable path of development, the tree shall be removed. During this interim period, the Owner shall not use more than thirty-three percent (33%) of the Site as a surface parking lot.

Appears in 1 contract

Sources: Community Benefits Agreement