Common use of Traffic Impact Analysis Clause in Contracts

Traffic Impact Analysis. APPLICANT acknowledges that the average daily trips for a commercial use and agrees that prior to commencing construction of the DEVELOPMENT, to include the issuance of grading or building permits, and even if not otherwise required to do so by law, APPLICANT shall conduct and submit to the City of El Paso Traffic Engineer a Traffic Impact Analysis ("TIA") that meets the standards set forth in Chapter 19, Article 2, Section 19.18 of the El Paso City Code and the City of El Paso approved guidelines. The City Manager or designee shall evaluate the TIA and make recommendations thereon; and APPLICANT will implement any measures that the City Manager or designee determines are necessary to mitigate any adverse traffic impacts attributable to the DEVELOPMENT on the surrounding public infrastructure; such measures shall be considered Qualified Expenditures under this Agreement. Notwithstanding the foregoing, in no event shall APPLICANT be required to incur any cost or expense in connection with such mitigation measures in excess of $600,000.00 in the aggregate.

Traffic Impact Analysis. APPLICANT acknowledges that the DEVELOPMENT is expected to generate traffic in excess of 500 adjusted average daily trips for a commercial use and agrees that prior to commencing construction of the DEVELOPMENT, to include the issuance of grading or building permits, and even if not otherwise required to do so by law, APPLICANT shall conduct and submit to the City of El Paso Traffic Engineer a Traffic Impact Analysis ("TIA") that meets the standards set forth in Chapter 19, Article 2, Section 19.18 of the El Paso City Code and the City of El Paso approved guidelines. The City Manager or designee shall evaluate the TIA and make recommendations thereon; and APPLICANT will implement any measures that the City Manager or designee determines are necessary to mitigate any adverse traffic impacts attributable to the DEVELOPMENT on the surrounding public infrastructure; such measures shall be considered Qualified Expenditures under this Agreement. Notwithstanding the foregoing, in no event shall APPLICANT be required to incur any cost or expense in connection with such mitigation measures in excess of $600,000.00 in the aggregate.