Triumph Development. i. An extension granted for the development rights and vested rights associated with the Booth Heights Parcel and the Site Specific Development Plan for the minor subdivision. ii. An opportunity to construct an equal or greater amount of deed-restricted development as is currently entitled on the Booth Heights Parcel. iii. All or partial reimbursement of the entitlement costs invested in the Booth Heights Parcel entitlement process. iv. A first option to partner with the Town on the future redevelopment of the Timber Ridge Village Apartments. v. An ehu credit of 53,340 square feet of GRFA, or 61 units of equivalency.
Appears in 2 contracts
Sources: Memorandum of Understanding, Memorandum of Understanding