Common use of Improvements Agreement Clause in Contracts

Improvements Agreement. The Subdivision Improvements Agreement shall be reviewed and approved by the City Engineer (see Condition 16). Aside from the completion of the above-enumerated conditions within five years of the date of this Agreement, Landowners shall have the right to determine the timing and phasing of development of the Project during the term of this Agreement, provided that all infrastructure necessary to serve the Project, or that portion or phase of the Project being developed, is in place prior to the occupancy of that portion or phase of the Project. Landowners shall also have the right to determine the number of single-family residential building lots to be constructed at any time interval of its choosing within the term hereof. The City shall not restrict or limit the number of single-family residential building lots that may be constructed by Landowners in any particular year.