Scope of Development. Developer agrees to develop the Property and construct a premier Healthcare, Research, and Business campus with support of R&D and Mixed Commercial as suggested by the Deer Springs District Livable Center Study, and other related legal uses (the “Improvements”), in accordance with the basic concept drawings submitted by Developer to the City (the “Concept Plans”) and any applications, plans, maps, agreements, documents, and other instruments or entitlements necessary or appropriate for the development of the Property in accordance with the Concept Plans (the “Project”), including, without limitation, to the extent deemed necessary or advisable by Developer, applicable grading and improvement plans, permits, utility assignment and assumption agreements, and commercial designs and floor plans. Upon receipt of all approvals required pursuant to the North Las Vegas Comprehensive Master Plan, Title 15, 16 and 17 of the North Las Vegas Municipal Code, all as in effect as of the Effective Date, all such plans, maps and other entitlements necessary or appropriate for the development of the Property in accordance with the Concept Plans, and any revisions to such entitlements made in a manner that is permitted by this Agreement, shall be deemed “Approved Plans” for the purpose of this Agreement.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement
Scope of Development. Developer agrees to develop the Property Properties and construct a premier Healthcaremixture of commercial/retail, Researchrestaurant, and Business campus with support of R&D and Mixed Commercial as suggested by the Deer Springs District Livable Center Studymixed use residential, professional offices, urgent care, medical office uses, and other related legal uses (the “Improvements”), in accordance with the basic concept drawings submitted and site plan approved by Developer to the City Agency (the “Concept Tentatively Approved Plans”) and any applications, plans, maps, agreements, documents, and other instruments or entitlements necessary or appropriate for the development of the Property Properties in accordance with the Concept Tentatively Approved Plans (the “Project”), including, without limitation, to the extent deemed necessary or advisable by Developer, applicable grading and improvement plans, permits, utility assignment and assumption agreements, and commercial designs and floor plans. Upon receipt of all approvals required pursuant to the North Las Vegas Comprehensive Master Plan, Title 15, 16 and 17 of the North Las Vegas Municipal Code, all as in effect as of the Effective Date, all such plans, maps and other entitlements necessary or appropriate for the development of the Property Properties in accordance with the Concept Tentatively Approved Plans, and any revisions to such entitlements made in a manner that is permitted by this Agreement, shall be deemed “Approved Plans” for the purpose of this Agreement.
Appears in 1 contract
Sources: Purchase and Sale Agreement