Downzone definition
Downzone means either a Map Change Downzone or a Text Change Downzone which becomes effective on or before the date which is 30 years after the Effective Date.
Downzone means a revision to the local zoning
Downzone has the meaning set forth in Section 4.2B of this Agreement.
Examples of Downzone in a sentence
All other remedies for the Downzone of the Downzoned Parcel, whether available at common law or enacted on, before or after the Effective Date, are preserved if such election is exercised.
At the option of the Landowner of the Downzoned Parcel at the time the Downzone became effective, exercised by written notice to the City within 60 days after the Downzone becomes effective, the Downzoned Parcel will be eliminated from this Agreement and the Conservation Easement, and will be treated as if it was never part of this Agreement, the Conservation Easement or any of the other Constituent Documents.