Examples of Master Development Plan in a sentence
The development of the Project will follow a process by which TxDOT and Developer will work cooperatively to create a Master Development Plan and associated Master Financial Plan that will identify Facilities and sequence the development of the identified Facilities in a manner that corresponds to projected needs, market demand and available financial resources and ensure consistent, high quality design and construction of Facilities for the benefit of the public.
The terms shall be negotiated between the parties as part of the process described in Section 5.2 and included in the Master Development Plan.
Developer’s compensation for Technical Support Services shall be calculated and paid in accordance with Exhibit I or the approved Master Development Plan, as applicable.
Except as may be otherwise set forth in the Master Development Plan or a Facility Implementation Plan, the grounds for a claim for remedies for delay by either party shall be limited to those Risk Events set forth in the Risk Events Matrix that expressly allow such additional remedies.
As part of the NEPA process, TxDOT will prepare NEPA documents (e.g., XXXx, environmental assessments or categorical exclusions, as appropriate) for each CDA Segment or Facility consistent with the Master Development Plan (or, prior to approval of the Master Development Plan, Exhibits B and C), including Facilities that serve a financing or connectivity purpose for the CDA Segments.