Developer's Project Sample Clauses
The "Developer's Project" clause defines the specific project or scope of work that the developer is responsible for under the agreement. It typically outlines the nature, objectives, and deliverables of the project, such as developing a software application, website, or other digital product, and may reference attached specifications or timelines. By clearly identifying the project, this clause ensures both parties have a mutual understanding of what is to be delivered, reducing the risk of misunderstandings or disputes about the developer's obligations.
Developer's Project. As further described in Section 2.01 of the Agreement, the Project includes the following improvements, a portion of which will be eligible for reimbursement through the CID (specifically those improvements described on Project Budget attached as Exhibit F):
Developer's Project. ROW Scope of Services 3
Developer's Project. A. The Developer intends to develop the ▇▇▇▇▇▇ Property as a 274 unit residential development site in substantial conformity with the Master Development Plan created by the Developer, dated November 26, 2018, updated November 30, 2018, and approved at the December 11, 2018 Special Town Meeting and attached hereto as Exhibit 3. (the "Development") pursuant to the North Road Residential Overlay District adopted pursuant to Article 1 of the December 11, ▇▇▇▇ ▇▇▇▇▇▇▇ Special Town Meeting and pursuant to ▇.▇. ▇. 40B sec. 20-21 or ▇.▇. ▇. 40R (as further agreed in Section V herein). The Development, including all necessary supporting infrastructure, amenities, improvements and mitigation, as well as any and all requirements or conditions as may be imposed by the Planning Board, Zoning Board of Appeals, Conservation Commission, Board of Health (hereafter "Town Bodies") and/or any other bodies having proper jurisdiction over the Development, shall be at the Developer's sole cost and expense. The Developer acknowledges that the Town Bodies have independent regulatory authority to impose requirements and conditions. To the extent that any such conditions as may be imposed by any Town Body which impose monetary obligations on the Developer that exceed the amounts provided for herein, then at the Developer's option such monetary obligations may be set off against the monetary obligations provided for herein, or at the Developer's option this Agreement shall, upon written notice to the Town Manager, become void and any payments hereunder made by the Developer shall be refunded within 10 business days, and all obligations of both parties shall cease without recourse to either party. Notwithstanding the above, any monetary offset shall only be required for off-site mitigation, requirements and/or conditions and shall specifically exclude any costs to the Developer for turning lanes or other traffic safety improvements at the entrance to the ▇▇▇▇▇▇ Property Development site. All infrastructure, roadways, lighting, and utilities within the Development site shall be constructed, operated, and privately maintained by the Developer at its sole expense, including without limitation, snow plowing, trash removal, water supply and wastewater treatment. The Town shall have no responsibility for installation, maintenance or repair of such services. The Developer shall reasonably cooperate with the Town to provide necessary municipal easements over such improvements to the extent re...
Developer's Project. 1.1. Developer will construct a flagged hotel with at least 130 keyed rooms and a conference space with at least 12,000 square feet of meeting space; and a parking structure with at least 350 parking spaces in Phase I of the Project (“Phase I”).
a) The flagged hotel must be a mid-scale or better under the brand of Hilton, Marriott, Hyatt, or an alternative acceptable to the City Council. Hotels that are marketed or classified as “value”, “Budget”, or “extended stay” are not acceptable.
b) For the purposes of Phase I, construction begins when the site plan has been approved and the foundation for the structures has been poured.
c) Construction for Phase I must begin prior to December 31, 2025. ▇▇▇▇▇▇▇▇▇ agrees that he must receive a CO for all structures in Phase I by December 31, 2027.
1.2. Developer will construct a multi-story mixed use building of at least six (6) stories in height, with at least 40,000 s.f. of leasable space, with restaurant and retail space on the first floor, and office, retail, restaurant, and/or residences on the remaining floors as well as an underground parking structure with 400 spaces (“Phase II”).
a) Phase II construction must begin prior to January 1, 2028.
b) For the purposes of Phase II, construction begins when a site plan is approved and the excavation for the underground parking structure has begun.
c) Developer must receive a CO for both structures in Phase II by December 1, 2029.
d) When calculating the amount of leasable space, space that is sold as condominiums are included, but common areas, mechanical areas, and/or exterior spaces are not included.
1.3. Developer will obtain all required permits, permissions, licenses, and other requirements under City ordinances, including but not limited to building codes, and State law. Developer will comply with all such local codes and ordinances and state laws as applicable to the development of the Project. This includes, but is not limited to, complying with the planned development conditions such as exterior building standards. In addition to the improvements discussed above, Developer will provide site improvements including, but not limited to, publicly accessible parks and play areas, updates to existing roadways, construction or improvement of sidewalks and pathways, new lighting, landscaping, and sufficient upgrades to electrical, water, sanitary sewer, and storm sewer currently located in public right of way.
1.4. Developer will, on or before obtaining a CO for Phase...
Developer's Project is the first of two phases, is currently known as “URBANE” and shall include improvements to, and development of, the Property as set forth in Exhibit B that will result in an increase in the Property’s assessed value. All aspects of the Project shall be in accordance with all applicable City zoning and building codes, ordinances and regulations.