Project Concept. 1. As part of the Proposal, the Developer submitted a conceptual site plan for the Project, including elevations and renderings of the proposed look of the development (collectively, the “Project Concept”). Developer has stated its intention to construct the Project substantially as presented in the Project Concept and the renderings attached as Exhibit “D.” 2. The Agency has reviewed the Project Concept and by approving and executing this Agreement does approve the Project Concept. (a) If after the Effective Date Developer desires to make any material changes in the Project Concept, Developer shall submit such proposed changes to the Agency for its review and approval or rejection. Within thirty (30) calendar days after receipt of said proposed changes, the Agency shall either approve the proposed changes or notify Developer in writing that such changes are not approved and shall state the specific reasons(s)
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Sources: Agreement for Development of Property, Development Agreement