Property Development. The Property shall be developed in accordance with the Project Approvals described in Section 2.1.
Property Development. Development of the Property shall comply with Town of Xxxxxxx development requirements applicable to similar properties.
Property Development. Development of the Property shall include the following:
Property Development. 3.1 For the purposes of practicality and equality, as well as the possibility of raising finance for development activities, the property owned by CHIBA RING in Ifafa Beach will be developed in three distinct phases, parts of some phases which could run in parallel.
Property Development. LodgeWorks has expended capital (and will continue to expend capital until the Primary Closing) on property development projects relating to the acquisition and development of certain properties (“Development Pipeline”) all as set forth on Exhibit D (which Exhibit may be updated by LodgeWorks before the Primary Closing).
Property Development. If the Property is developed, it shall be developed according to the Approvals. Except as may be specifically provided elsewhere in this Agreement, Property Owners have no affirmative obligation to commence development of the Property or to develop it at a specified rate once the development has commenced. No modification of the County’s ordinances, resolutions, policies, rules or regulations adopted after the Effective Date, which purport to limit the rate of development over time or to govern the sequence of development of land within the Project Area, shall apply to the Property. The provisions of this subparagraph apply to modifications adopted or imposed by the County Board of Supervisors, or through the initiative or referendum process.
Property Development. It is anticipated that the capital revenue funds shall be provided to FSUS, Inc. to provide nominal payment for a long-term lease (99 years) to the State Board of Trustees of the Internal Improvement Trust Fund for the school site and to service the debt service incurred to construct the proposed new school facility as described generally in Appendix C. In the event the new school is not constructed, only the DRS capital funds would be available for use by the FSUS, Inc. In the event the new school is completed and the amount of capital funding received exceeds what is required to maintain the lease and provide for debt service, the FSUS, Inc. may utilize the funds to provide additional facilities for the DRCS, make capital improvements to the existing plant or enter joint postsecondary use or other collaborative agreements for the enhancement or extension of public education, for example as per section 235.195, Florida Statutes.
Property Development. The Owner agrees to proceed and complete the platting process of the Platted Land, including recording the Festal Addition No. 2 plat in accordance with the Subdivision Ordinance for the City of Owatonna prior to the completion of the infrastructure improvements required by this Agreement.
Property Development. If the Property is mined, it shall be mined and reclaimed according to the Entitlements. Property Owners have no affirmative obligation to commence mining of the Property or to mine at a specified rate once the mining has commenced.
Property Development. Upon execution of this Agreement by Owner and City, and subject to compliance with all other applicable Ordinance and permit approvals, Owner may complete the development approval process, including recording of Plat(s) for the Property prior to the construction of the infrastructure being completed as provided for in the Rochester Zoning Ordinance and Land Development Manual. Owner shall complete the development process for the Property consisting of public and private improvements as shown on the approved grading plan(s) and approved street and utility plan(s) for the Property. Once platted, individual lot development will be subject to the terms of the City Unified Development Code (UDC).
