Contemplated Sequence of Events Clause Samples
The "Contemplated Sequence of Events" clause outlines the expected order and timing of actions or milestones that the parties anticipate will occur during the course of their agreement. This clause typically details the steps each party must take, such as deliverables, approvals, or payments, and may include deadlines or dependencies between events. By clearly specifying the sequence, it helps ensure that all parties have a shared understanding of the process, reducing the risk of misunderstandings or disputes about responsibilities and timing.
Contemplated Sequence of Events. The sequence of events contemplated by this Agreement is as follows:
(a) Approval of this Agreement;
(b) Approval of the Chapter 380 Agreement; and
(c) Submittal and concurrent review of concept plan, preliminary plat, final plat and subdivision construction plans for the Property.
Contemplated Sequence of Events. The sequence of events contemplated by this Agreement is as follows:
(a) Second and final reading of the Annexation Ordinance;
(b) Approval of this Agreement by the City Council and Owner;
(c) Submission of zoning application by Owner;
(d) Beginning of public hearings and process to adopt an ordinance zoning the Property; and
(e) Second and final reading of an ordinance zoning the Property.
Contemplated Sequence of Events. A. Morrisville Town Council authorizes the Town Manager to enter into this Memorandum of Understanding.
B. The Wake County Board of Commissioners authorizes the County Manager to enter into this Memorandum of Understanding.
C. The County engages design consultants to complete the Joint Master Plan pursuant to this Agreement.
D. The Master Planning consultant makes a presentation to the County and the Town for action related to the Joint Master Plan.
E. The Town and the County staff each determine if it is feasible to proceed with recommending the Joint Master Plan to their respective boards. If a decision is made by either party not to proceed, the events set forth in F through H inclusive shall not occur.
F. If the decision is made to proceed, the County and the Town prepare, negotiate and finalize the terms of a proposed Interlocal Agreement, the scope of which will be defined based on the results of the referenced Joint Master Plan. The Parties will reach a mutually agreeable solution to the land rights needed for each of their respective needs.
G. The Town and County seek approval and appropriation of funding from their respective Boards, as appropriate, to enter into the Interlocal Agreement.
H. The Parties shall proceed upon the terms established by the Interlocal Agreement, which shall provide for the procurement, construction and use of the facilities to be constructed as part of the Project. The Interlocal Agreement shall replace and supersede all previous documents, agreements, and understandings with respect to the subject matter.
Contemplated Sequence of Events. The sequence of events contemplated by this Agreement is as follows:
(a) Submittal of the PID Petition;
(b) Review and consideration of annexation and zoning for the Property, which shall be approved at the same City Council meeting as this Agreement and in reliance upon the terms of this Agreement;
(c) Approval of this Agreement by the City and the Owner;
(d) Review of the PID Petition and creation of the PID, subject to approval by City Council;
(e) Submittal and review of preliminary plats for the various phases of the Property; and
(f) The City and the Owner’s negotiation and execution of various agreements and the City Council’s consideration of resolutions and ordinances to effectuate the terms of this Agreement, including, but not limited to: the preparation and approval of the SAP, the levy of Special Assessments on Property within the PID, and the issuance, subject to the approval by City Council, of the PID Bonds.
Contemplated Sequence of Events. The sequence of events contemplated by this Agreement is as follows:
(a) Approval of this Agreement, the Ch. 380 Agreement, and the Revised Concept Plan by the City, and the Owner; and
(b) Submittal and concurrent review of any necessary Concept Plan amendment(s), Re- zoning applications, preliminary plat, TIA, final plat and subdivision construction plans (streets, drainage, water, wastewater and dry utilities) for the Property.
(c) Notwithstanding the above, the City hereby acknowledges and agrees that the Owner may perform mass grading of the Property and construction of onsite infrastructure to convey offsite stormwater drainage prior to the approval of the preliminary plat.
Contemplated Sequence of Events. The sequence of events contemplated by this Agreement is as follows:
(a) Approval of this Agreement by the City and Owner and entry into the Consulting Agreement (as hereinafter defined).
(b) Approval of an agreement between the City and the TIRZ providing for reimbursement of the cost of the Transportation Improvements from the TIRZ fund on or before (the “TIRZ Agreement”).
(c) Owner will cause the TI Land to be surveyed on or before , 2022.
(d) Preparation of documents to effectuate the conveyance of the TI Land to the City.
(e) Provision of the Meeting Notice by the City (as hereinafter defined).
(f) Conveyance of the TI Land to the City upon the terms set forth herein on or before the Meeting Date (as hereinafter defined).
(g) City Council authorization of the Bonds on or before , 2022 and deposit of the proceeds from the Bonds (the “Bond Proceeds”) into Transportation Improvements Account.
(h) Execution and delivery of Property Conveyance Escrow Agreement (as hereinafter defined), and deposit of executed deed for the Restaurant Parcel, Office Building Parcel, and Hotel/Convention Center Parcel as provided therein, and conveyance of the Soccer Parcel to the City upon the terms set forth herein on or before the Soccer Conveyance Date (as hereinafter defined).
(i) Design, Bid, and Construction of the Transportation Improvements. The parties will endeavor to (i) complete the design phase within nine (9) months following the date the City Council authorizes the Bonds, (ii) complete the bid phase within three (3) months following completion of the design phase, and (iii) complete the construction phase within twelve (12) months following completion of the bid phase, subject to feedback from contractors received during the bid phase.
(j) Conveyance of the Restaurant Parcel, Office Building Parcel and Hotel/Convention Center Parcel pursuant to the Property Conveyance Escrow Agreement upon the Commencement of Construction of the Transportation Improvements (hereinafter defined) on or before the TI Commencement Deadline (as defined in the Property Conveyance Escrow Agreement).
Contemplated Sequence of Events. Section 3.02 of the Agreement is hereby amended to clarify that the sequence of events is related to annexation and zoning and to delete subsection (b) related to timing of the final plat.
Contemplated Sequence of Events. A. Morrisville Town Council authorizes the Town Manager to enter into this Memorandum of Understanding.
B. Wake County Board of Commissioners authorizes the Manager to enter into this Memorandum of Understanding.
C. The County engages design consultant pursuant to a Services Agreement.
D. Design consultant makes a presentation to the County and the Town for action related to the Schematic Design of the library. This milestone is contemplated to be achieved by October 31, 2017. The County’s design team shall prepare initial physical representations to include simplified site and building plans.
E. County presents Schematic Design of the Library Project to the Wake County Library Commission for their endorsement of the library design.
F. County presents Schematic Design to Town Council to describe how the Project will integrate with the Town Demonstration Project.
G. County presents Schematic Design to the Board of Commissioners for their review, input and final approval of design.
H. County submits Site Plan to Town for approval. Town will assist the County in navigating the site plan approval process in a manner that will allow the construction of the library to proceed according to schedule.
I. Town develops a proposed timeline for design and construction of the street and utility network appropriately defined and detailed in a manner that will allow the construction of the library to proceed according to schedule.
J. County conducts bidding process for Library Project.
K. Town and County prepare, negotiate and finalize the terms of an Interlocal Agreement and Ground Lease.
L. Contingent upon the negotiation of mutually acceptable terms, the County and the Town seek approval from their respective Boards, as appropriate, to enter into the Interlocal Agreement and Ground Lease. Even if the Schematic Design and cost estimate are satisfactory to both parties, neither the County nor the Town is obligated to proceed with this transaction unless and until the terms of the Interlocal Agreement and Ground Lease are acceptable to, and executed by, both parties.
M. Upon execution of Interlocal Agreement and Construction Contract, County shall ask Board of Commissioners to award and appropriate funds for the construction contract.
N. Wake County shall begin construction of the Library Project.
O. The County and the Town shall prepare and execute any needed construction rights of entry, Utilization Agreement and Cross Access Agreements for use of the surface parking b...
Contemplated Sequence of Events. The sequence of events with respect to the PID as contemplated by this AGREEMENT is as follows:
Contemplated Sequence of Events. The sequeThce of eveThts coThtemplated by this AgreemeTht is as follows:
(a) The City's and Developer's approval of this AgreemeTht;
(b) Developer's submissioTh of the AThThexatioTh PetitioTh aThd a zoThiThg applicatioTh to the City;
(c) The City's acceptaThce of the AThnexatioTh PetitioTh aThd zoThiThg applicatioTh aThd scheduliThg public heariThgs to aThThex aThd zoThe the Property iTh accordaThce with this AgreemeTht;
(d) The City's first readiThg of aTh ordiThaThce aThThexiThg the Property aThd coThcurreTht first readiThg of aTh ordiThaThce zoThiThg the Property iTh accordaThce with SectioTh 4.02, aThd the City's approval of a resolutioTh coThseThtiThg to GeorgetowTh's dual certificatioTh aThd provisioTh of water aThd wastewater services to the Property (the "Consent Resolution");
(e) The City's secoThd aThd fiThal readiThg of ordiThaThce aThThexiThg the Property aThd coThcurreTht secoThd aThd fiThal readiThg of aTh ordiThaThce zoThiThg the Property iTh accordaThce with SectioTh 4.02;