On-Site Roads Clause Samples

On-Site Roads. Owner or Developer shall construct roadways to traverse the Property to provide distribution of traffic generated on-site from the Development and to accommodate the traffic which has as its primary destination the commercial development proposed for the Property. Owner, Developer, or a Subsequent Developer shall have the right (and, if public financing is utilized, the obligation) to design and construct, or cause to be designed and constructed, upon obtaining permits from applicable governmental authorities, the road improvements located within the Property and their intersections as identified on the Conceptual Master Plan, provided the design is in conformance with this Agreement and capable of providing adequate capacity to accommodate and distribute the traffic generated by the Development of the Property. The costs of the road improvements must be paid by Owner, Developer, or a Subsequent Developer. The Owner or Developer shall have the right to request funding from (a) funds obtained through a municipal improvement district (MID); (b) multi county business park and fee in lieu of taxes (FILOT) agreements; (c) other public financing program as provided hereinafter; (d) Tax Increment Financing; or any combination of these or other sources that may be available. Any such request shall be by a separate agreement with Owner, Developer or Subsequent Developer and the City.

On-Site Roads. As shown on the Concept Master Plan, certain portions of the proposed Highway 278-A and the Purrysburg Road Connector described above traverse the Sherwood Tract, and other roads either connect to or intersect with Highway 17 and/or Purrysburg Road, all of which are or will become public or publicly accessible roads serving other properties than the Sherwood Tract. These On-Site Roads are necessary to provide distribution of traffic generated on-site from the Development, and accommodate the traffic which has as its primary destination the commercial or industrial development proposed for the Property. Owner, Developer and/or Subsequent Developer, as applicable, shall have the right and obligation to design and construct, or cause to be designed and constructed, upon obtaining permits from applicable governmental authorities the road improvements located within the Property and their intersections as identified in Exhibit F as the On-Site Roads, provided the design is in conformance with this Agreement and capable of providing adequate capacity to accommodate and distribute the traffic generated by the Development of the Property. The costs of the various On-Site Roads shall be paid from either funds provided by the Owner, Developer, and/or Subsequent Developer, as applicable; the On-Site Road Development Fees as provided for hereinafter (or a municipal improvement special assessment taxing district (MID) if an election is made as provided hereinafter); the Off-Site Roadway Development Fees under the development agreements other developers have with the City; future County impact fees; Tax Increment Financing, or any combination of these or other sources that may be available. The On-Site Roads are initially proposed to be designed and constructed as described in Exhibit F, with the right-of-way for the Highway ▇▇▇ -▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇(▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇) to be a minimum of 150 feet in width and the roadway cross-section as a four-lane divided (2 lanes in each direction) limited access urban arterial roadway with auxiliary lanes as necessary for turn storage and defined, landscaped median, in accordance with road design and operational requirements as determined through the satisfactory preparation of Conceptual Master Plan TIA, with final design to be approved at Master Plan submittal for such portion of the road(s) proposed for construction. The road rights-of-way are being provided by Developer without charge for the land comprising the right-of-wa...