Common use of System Improvements Clause in Contracts

System Improvements. (i) ▇▇▇ ▇▇▇▇▇▇▇ Road. Beaufort County’s Capital Improvement Program includes acknowledges the need for future improvements to ▇▇▇ ▇▇▇▇▇▇▇ Road to accommodate new development and improved pedestrian access; and Impact Fees are the major revenue source for costs incurred by the County for such improvements. As depicted in the Unified Development Plan, the Owner has proposed and obtained completed the design and engineering of a round-a-bout to access the Property directly from ▇▇▇ ▇▇▇▇▇▇▇ Road. The engineering plans for the round-a-bout, prepared by ▇▇▇▇▇ & ▇▇▇▇▇, Inc., are attached hereto as Exhibit “D” (the “▇▇▇ ▇▇▇▇▇▇▇ Road Round-a-bout”). The ▇▇▇ ▇▇▇▇▇▇▇ Road Round-a-bout also benefits ▇▇▇▇▇▇ ▇▇▇▇▇ Park by providing an improved entrance, an adjacent fire station, and other nearby residential developments. Also as depicted in the Unified Development Plan, the Property is accessed by Cherokee Farms Road (S-83). Owner shall improve Cherokee Farms Road with the addition of on-street parking, street landscaping and trees, and such improvements shall be constructed in accordance with the standards contained in the Cherokee Farms Conceptual Master Plan. All such improvements (the “Cherokee Farms Road Improvements”) shall adhere to applicable road and right-of-way construction standards. To the extent that all or any portion of Cherokee Farms Road is not owned by the County or the State of South Carolina, the same shall be dedicated to and accepted by the County.Owner shall assign to the County the engineering plans and any rights thereto, as well as fee title for any portion of the real property it owns, which portion is reasonably necessary or appropriate for the construction of the ▇▇▇ ▇▇▇▇▇▇▇ Road Round-a-bout. Construction of the ▇▇▇ ▇▇▇▇▇▇▇ Road Round-a-bout shall occur as set forth in Article IX (C) (iv)(a) below.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement