Phase Development definition
Examples of Phase Development in a sentence
Notwithstanding the foregoing, Phase Development Budgets for Potential Phases shall not be binding on the City -- but Phase Development Budgets for Approved Phases will be binding upon approval by the City Council.
After initial submission, proposed revisions to a Phase Development Budget will be submitted by the Developer to the City quarterly in the form of a proposed revised Phase Development Budget with identification and explanation of changes, which upon written approval by the City shall be deemed to constitute a revised Phase Development Budget.
In the interest of ensuring that Phases are structured in such a way that the City will be able and willing to provide financial support for the Potential Phases’ development, the Phase Development Budget may not be exceeded without the prior approval of the City, which will not be unreasonably withheld.
The City shall not unreasonably withhold approval of any proposed increase in a Phase Development Budget for which a source of funds other than from the City is identified by the Developer.
Each City Loan will be made to an Owner Partnership at Closing in the amount of up to the amount identified in the Phase Development Budget for an Approved Phase as further described in Section 7.5.
Operationally, West Lothian College has a named Schools and Community Planning Officer who liaises directly with the Council's Development Officer for Raising Attainment, Senior Phase Development Officer and Community Youth Services Team Leader.
The City and the CIC shall consider for approval (not to be unreasonably withheld) any Phase Development Plan (as such term is defined in the DG Development Agreement) proposed by the Company and approved by DG Development related to and consistent with the Project and the Project timeline as described in this Agreement, which commitment shall include expediting any review and approval process to the extent reasonably possible and supporting all applications before City review bodies.
With respect to any matter addressed in the Phase Development Plan (which was approved by the Port as a condition for execution of this Agreement), the Phase Development Plan shall govern the development, construction and any leasing/subleasing of the subject Property.
Annual vocational offerings to Senior Phase pupils are negotiated and agreed with Community Planning partners from Education Services and Economic Planning with the Senior Phase Development Officer, Development Officer for Raising Attainment and Community Youth Services Team Leader attending the College's Skills and Progression meeting with Curriculum Heads and Deputes for college/school portfolio planning for the following academic year.
Buyer shall have obtained the Initial Development Approvals (only for Phase I) and, for Phase I and subsequent Phases, the Phase Development Approvals for each such Phase.