Amount and Form. To secure the construction and installation of the Improvements, Developer shall provide a letter of credit, or cash in an amount equal to 110% of the total costs listed in Exhibit D (the "Improvement Guarantee"), in a form approved by the Town.
Appears in 1 contract
Sources: Annexation and Development Agreement
Amount and Form. To secure the construction and installation of the Improvements, Developer shall provide a letter of credit, credit or cash in an amount equal to 110115% of the total costs listed in Exhibit D B (the "Improvement Guarantee"), in a form approved by the Town. If the costs listed in Exhibit B increase or additional Improvements are required, the Town may require the amount of the Improvement Guarantee to increase accordingly.
Appears in 1 contract
Sources: Development Agreement
Amount and Form. To secure the construction and installation of the Improvements, Developer shall provide a letter of credit, credit or cash in an amount equal to 110115% of the total costs listed in Exhibit D F (the "Improvement Guarantee"), in a form approved by the Town.
Appears in 1 contract
Sources: Development Agreement