Major Phase definition
Examples of Major Phase in a sentence
Applications for Major Phase Approvals (each, a “Major Phase Application”) shall be submitted pursuant to the process set forth in the DRDAP.
Site ▇▇▇▇▇▇ Way (Initial) -- 3 years from the date of issuance of the street improvement permit for Major Phase 2.
Outside Dates are subject to adjustment at any time, including as part of a Major Phase Application, pursuant to the DRDAP.
From time to time as Major Phases are ready for development, the Developer may annex, or cause to be annexed, pursuant to the CFD Law and any CFD proceedings associated with such CFD, the applicable Major Phase property to any existing CFD, in one or more existing or to-be-formed improvement areas.
Developer shall provide a fully effective form of the Major Phase Security as set forth in its Major Phase Application and the Major Phase Approval no later than thirty (30) days after the Agency Commission grants the applicable Major Phase Approval.
The effectiveness of any Major Phase Approval shall be conditioned upon the Agency’s receipt of such fully effective Major Phase Security.
The Agency will have the right to conduct an audit (an “Agency Audit”) of each Major Phase Audit and of the Final Audit by notifying Developer of the Agency’s intent to conduct the Agency Audit.
No more than one Agency Audit may be conducted on a Major Phase Audit or on the Final Audit and the Agency must notify Developer of the Agency’s intent to conduct an Agency Audit no more than three (3) years after having received the audit being audited by the Agency.
Developer shall maintain the Records for each Major Phase for at least four (4) years after the applicable Major Phase Closing Date, subject to Section 1.8(g).
From time to time as Major Phases (or portions thereof) are ready for development, the Developer may annex, or cause to be annexed, pursuant to the CFD Law and the CFD No. 9 Proceedings, the applicable Major Phase property to CFD No. 9, in Improvement Area No. 1 or in one or more then-existing or to-be-formed improvement areas.