Discrete Parcel definition
Discrete Parcel has the meaning set forth in Section 6.5 of this Agreement.
Discrete Parcel for the purpose of the provisions of this Agreement regarding Development Allocations is a Parcel consisting of a portion of the Land out of one, and only one, Initial Parcel with a discrete identity, and a discrete allocation of Development Allocation according to the Development Allocation Records. This discrete allocation may be zero except for single-family or duplex residential lots. If either the Assigning Parcel or the Receiving Parcel, or both, are, according to the Development Allocation Records, comprised of two or more Discrete Parcels, then the assignment must allocate the reductions and/or increases of Development Allocation between such constituent Parcels. The City must be given for its review and approval a written notice of any assignment of Development Allocation by the Landowner of the Assigning Parcel complying with the requirements therefor set forth in Section 6.6 below (an "Assignment of Development Allocation"). Upon any such assignment, the City shall revise the Development Allocation Records to reflect the change in the Development Allocation between the Parcels. Development Allocation must not be assigned from a Parcel to any property that is not a part of the Land.