Phase 1 Development Sample Clauses

Phase 1 Development. The first phase of the Development (“Phase 1”) is comprised of the golf course as well as the requisite public/private water infrastructure, public/private sewer infrastructure, public/private road improvements, certain storm water infrastructure and all other improvements related thereto to serve the Development. a. The extension of municipal water and sewer infrastructure is not required for Phase 1. Prior to any commercial or residential development on any portion of the Property, municipal water and sewer infrastructure shall be extended, if not already completed, and shall be connected and fully operational pursuant to Town specifications and standards. For the avoidance of doubt, municipal water and sewer infrastructure is not required for any temporary structures within the Development. b. Pursuant to the Annexation and Development Agreement ▇▇▇▇▇▇▇▇ Annexation #1-#5 (Weld County Reception No. 4679442) (“Annexation Agreement”), the Town and Developer contemplated sanitary sewer service being provided to the Property by the Town of Berthoud. While that may still be an option, the Town currently prefers to provide the sanitary sewer service. The Parties agree that plans for the extension of sewer service will be formalized prior to, or in conjunction with, future commercial and/or residential development on the Property.