Common use of Terrace Improvements Clause in Contracts

Terrace Improvements. The Parties agree the Project provides an opportunity to have a mutually attractive transition between the Project and the Remaining City Property, which may become the future City Town Square Project. As requested by the City, the Developer shall be solely responsible for design, permitting, construction, operation, and repair of the Terrace Improvements on the City Terrace Improvements Easement Area. To facilitate the Developer’s commitment, the City shall grant to the Developer an easement on the City Terrace Improvements Easement Area, subject to the City retaining certain rights to require the Developer allow public access to a substantial portion, all as provided in the City Easement and Public Use Agreement in a form substantially similar to Exhibit D. The Developer shall submit, and the City shall review and in good faith approve, the Terrace Improvements conceptual design as set forth on the Schedule of Performance.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement