Disposition and Development Agreement (DDA) definition

Disposition and Development Agreement (DDA) means an agreement between a developer and a local agency that binds the developer to construct a specific development and the local agency to dispose of the property to the developer if permits and other entitlements for the project are obtained and other applicable conditions are met.
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Disposition and Development Agreement (DDA) means an agreement that sets forth requirements for the sale, lease, exchange acquisition, or disposal of real property owned by the Agency, where a specific type of project is developed.
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Examples of Disposition and Development Agreement (DDA) in a sentence

  • On June 21, 2005, the Agency approved entering into an Exclusive Negotiating Agreement (ENA) with CentrePoint, LLC as the first step towards potentially entering into a Disposition and Development Agreement (DDA).

  • The Developer and CADA shall complete the following items prior to the expiration date of this Agreement:  Draft Disposition and Development Agreement (DDA).

  • If Developer’s proposal for the Project is approved by the City and Agency, Developer and Agency staff shall use best efforts to negotiate a draft Disposition and Development Agreement (DDA) for presentation to the Agency Board and City Council.

  • The Agency subsequently entered into a Disposition and Development Agreement (DDA) with Nut Tree Associates, LLC.

  • The City and the Port have negotiated a Development Agreement (DA) and a Disposition and Development Agreement (DDA) (collectively, the Agreements) with the Developer for the Mission Rock Project.

  • Such plans and other information to be prepared during the course of this Agreement shall serve as the basis for entering into a Disposition and Development Agreement (DDA).

  • This Disposition and Development Agreement (DDA) is not binding until approved by the Common Council for the City of Ithaca.

  • Provide one copy in electronic format of the Monthly Report to REDWOOD CITY’s COMMUNITY DEVELOPMENT DIRECTOR on the tenth (10th) day of each month beginning with the start of negotiations on the Disposition and Development Agreement (DDA).

  • Once such feasibility is demonstrated, the Agency and Developer intend to negotiate a Disposition and Development Agreement ("DDA") exclusively and in good faith.

  • Thereafter, the CCRA entered into an Exclusive Negotiation Agreement (ENA) with LPC West that set forth that the parties will collaborate on a master plan for the site and negotiate the terms of a Disposition and Development Agreement (DDA) for the site’s development.