Common use of Permitted Modifications Clause in Contracts

Permitted Modifications. Redeveloper and the City recognize that the Project and its Concept Plan are subject to conditions outside the control of the Parties. Redeveloper shall be permitted to modify the Concept Plan Exhibits B (the “Permitted Modifications)” without amendment to this Agreement upon notice to and subject to the consent of the City Planner as long as such Permitted Modifications are consistent with the Redevelopment Plan. In the event the City Planner refuses to consent to these modifications, Redeveloper shall be permitted to seek an amendment of this Agreement from the City Board of Commissioners. The following may be Permitted Modifications: (a) A ten percent (10%) increase or decrease in any of the buildings depicted on the concept plan. (b) An increase or decrease of the height of any structure identified in the Concept Plan by ten (10) feet. Redeveloper shall seek any other proposed modifications to the Concept and Staging Plans or to this Agreement according to the procedures set forth in this Agreement and in local ordinances.

Appears in 1 contract

Sources: Redevelopment Agreement

Permitted Modifications. Redeveloper and the City recognize that the Project and its Concept Plan are subject to conditions outside the control of the Parties. Redeveloper shall be permitted to modify the Concept Plan Exhibits B (the “Permitted Modifications)” without amendment to this Agreement upon notice to and subject to the consent of the City Planner as long as such Permitted Modifications are consistent with the Redevelopment Plan. In the event the City Planner refuses to consent to these modifications, Redeveloper shall be permitted to seek an amendment of this Agreement from the City Board of Commissioners. The following may be Permitted Modifications: (a) A ten percent (10%) increase or decrease in any of the buildings depicted on the concept plan. (b) An increase or decrease of the height of any structure identified in the Concept Plan by ten (10) feet. Redeveloper shall seek any other proposed modifications to the Concept and Staging Plans or to this Agreement according to the procedures set forth in this Agreement and in local ordinances.

Appears in 1 contract

Sources: Redevelopment Agreement