Developer’s Property definition
Examples of Developer’s Property in a sentence
Where Developer’s Property is served in whole or in part by an existing extension constructed by others and transferred to the City, and a reimbursement agreement was in effect at the time Developer submitted its development application, Developer shall pay a reimbursement to the City representing the fair and equitable share of the existing extension to which all or a portion of Developer’s Property may be connected.
Acceptance of the completed Extensions by the City and provision of services to Developer’s Property shall be in accordance with this Agreement and applicable North Bend Municipal Code requirements.
Preliminary review of the proposed development and preliminary determination of the water, sewer, stormwater, and street facilities required to extend services to Developer’s Property.
The undersigned Developer warrants that it constitutes the exclusive owner of all of Developer’s Property, and agrees to provide, upon request of the City, title insurance at Developer’s sole cost and expense, establishing to the satisfaction of the City that the parties executing this Agreement constitute the owners of all the real property described herein and have the authority to execute this Agreement with respect to said real property.
In the event no new agreement or renewal of this Agreement is entered, the City, in its sole discretion, may proceed to require completion of construction under the provision of Developer’s Performance Bond or Construction Cash Deposit for any Extensions on Developer’s Property, existing rights-of-way and/or easements.
The Extensions will be installed on and in the existing public right of way, on and in the Developer’s Property, on and in property subject to easements benefitting Developer’s Property, and/or on and in in the property of other persons contributing to the costs of the Extensions (said other persons hereby join in this Agreement and are referred to as “Additional Owners”) and in such other properties described in this Agreement.
The City’s obligation to allow connection of the Extensions to the City’s system, or to provide water, sewer, stormwater service, or street extensions to Developer’s Property, shall not arise until Developer has complied with all terms and conditions of this Agreement, and all applicable ordinances, resolutions and requirements of the City, including payment of all fees and charges.
The Extensions will be installed in the Developer’s Property, in property subject to easements benefitting Developer’s Property, and/or in the property of other persons contributing to the costs of the Extensions (said other persons hereby join in this Agreement and are referred to as “Additional Owners”) and in such other properties described in this Agreement.
The City shall not be obligated to provide water service, sewer service, stormwater service, or street extensions to Developer’s Property real property unless or until the construction of the Extensions has been completed and title accepted by the City.
At Buildout of the Project, Master Developer shall be entitled to have developed the Maximum RDUs as specified in and pursuant to this MDA subject to the restrictions on RDUs of Master Developer’s Property.