CONSTRUCTING OWNER definition

CONSTRUCTING OWNER. ASSIGNEE/HOME BUILDER:
CONSTRUCTING OWNER means JHDMC, Limited Liability Company as the Lead Developer and the owner responsible for the construction of the Improvement Area #1 Improvements. However, it is important to note, that when a Consenting Owner, which owns property in a Future Improvement Area, chooses to develop such property then the Consenting Owner becomes a Constructing Owner for purposes of the PID Finance Agreement.
CONSTRUCTING OWNER means the property owner/developer that constructs Authorized Facilities within the CFD.