Conveyance of the Property. Subject to the terms and conditions of this Agreement, the City agrees to convey vacant infill property zoned for residential use in exchange for Developer’s agreement to construct a residence in conformance with building plans submitted and approved by the City.
Appears in 21 contracts
Sources: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement for Infill Development
Conveyance of the Property. Subject to the terms and conditions of this Agreement, the City agrees to convey vacant infill property zoned for residential use in exchange for Developer’s agreement to construct a residence in conformance with building plans submitted and approved by the City. Conveyance of the property by the city as described herein is specifically conditioned upon the Developer obtaining ownership of real estate located at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and Developer successfully petitioning for the proper zoning designation for his intended development of ▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇.
Appears in 1 contract
Sources: Cooperative Agreement