Development Area definition
Examples of Development Area in a sentence
The ▇▇▇▇▇▇▇▇ Area C No Development Area (a portion of Parcel # 120320000038 as shown on Exhibit A) shall have no development except for RV/tent camping, and associated access and parking consistent with the regulations of the Town or the County.
Funding is to be allocated by the Local Workforce Development Area.
The City shall utilize the Professional Services in an efficient and reasonable manner for the benefit of the City and the Development Area.
If the Owner’s payment toward the Initial Cap reaches $20,000.00, and all parties agree to continue negotiations, discussions and/or other work on the Development Area, the parties may amend or extend this Agreement, in writing, to increase Owner’s payment obligation, to a mutually agreed upon amount in excess of $25,000.00, for the professional services described herein and provide for the escrow of additional funds.
The Development Plan shall: (i) cover the entire Development Area; (ii) include at a minimum the information required by Annex 8; (iii) foresee the use of adequate methods and processes to obtain the maximum ultimate recovery factor for the Reserves, complying with Industry Best Practices, as well as (iv) include the corresponding program for the efficient use of Natural Gas and the mechanism for the measurement of the production of Hydrocarbons.