Common use of Redevelopment Plan Clause in Contracts

Redevelopment Plan. The Developer has delivered to the Town a redevelopment plan for the Project (the “Redevelopment Plan”), a copy of which is attached as Exhibit C. The Redevelopment Plan includes an overall description of the Project and project phasing for the sequencing of the Project, including the construction of the Senior Center to the specifications of the Town in exchange for the Senior Center Payment. The Developer may amend the Redevelopment Plan at any time prior to obtaining the Project Permits with the written consent of the Town, which consent shall not be unreasonably withheld. The Developer shall apply to the Town’s Planning and Zoning Commission and all other relevant boards and commissions for any Project Permits necessary to implement the Redevelopment Plan and the Project. Following the issuance of Project Permits, the Redevelopment Plan and the Project may only be amended with the consent of the Town and the approval of any relevant board of commission whose approval is necessary as a result of such amendment.‌

Appears in 1 contract

Sources: Lease and Development Agreement

Redevelopment Plan. The Developer has delivered to the Town a redevelopment plan for the Project (the “Redevelopment Plan”), a copy of which is attached as Exhibit C. The Redevelopment Plan includes an overall description of the Project and project phasing for the sequencing of the Project, including the construction of the Senior Center to the specifications of the Town in exchange for the Senior Center Payment. The Developer may amend the Redevelopment Plan at any time prior to obtaining the Project Permits with the written consent of the Town, which consent shall not be unreasonably withheld. The Developer shall apply to the Town’s Planning and Zoning Commission and all other relevant boards and commissions for any Project Permits necessary to implement the Redevelopment Plan and the Project. Following the issuance of Project Permits, the Redevelopment Plan and the Project may only be amended with the consent of the Town and the approval of any relevant board of commission whose approval is necessary as a result of such amendment.‌amendment.

Appears in 1 contract

Sources: Lease and Development Agreement