Wyndfields S Clause Samples

Wyndfields S. R. 56 Eastern Segment. The Developer shall complete the construction of the Wyndfields S.R. 56 Eastern Segment by the earlier of the following dates (but in no event earlier than December 31, 2016): (A) the recordation of the plat for the 1,000th residential dwelling unit within the Project, or (B) the date by which the County requires the developer of the Zephyr Egg property to the east of Wyndfields (“Zephyr Egg Project”) to complete the construction of S.R. 56 from the eastern boundary of the MPUD east to the next logical terminus point as determined by FDOT (the "Zephyr Egg S.R. 56 Segment"). In that regard, the County shall give the Developer at least eighteen (18) months' prior notice of the required completion date of the Zephyr Egg S.R. 56 Segment, and the Developer shall post Security for 125% of the Cost Estimate for the Wyndfields S.R. 56 Eastern Segment one (1) year prior to such required completion date. Notwithstanding the foregoing, in the event that the Developer cannot obtain a permit from FDOT for construction of the Wyndfields S.R. 56 Eastern Segment due to FDOT policy regarding state road terminus points, then the Developer’s permitting and construction obligations as to the Wyndfields S.R. 56 Eastern Segment shall be extended until eighteen (18) months after FDOT issues a construction permit for the Wyndfields S.R. 56 Eastern Segment. Developer shall coordinate the design and permitting of the Wyndfields S.R. 56 Eastern Segment with the owners/developers of the Zephyr Egg Project to ensure that S.R. 56 from Wyndfields Boulevard to the terminus of the Zephyr Egg S.R. 56 Segment is designed and permitted as a unified roadway segment, subject to and in accordance with the previously approved PD&E Study from S.R. 56, and other FDOT requirements.