Common use of Transportation Improvements Clause in Contracts

Transportation Improvements. ▇▇▇▇▇▇▇▇▇ agrees to construct those transportation improvements and dedicate necessary right of away identified in Exhibit H to this Restated DA. Timelines shall be established by the triggering events identified in Table 1. Notwithstanding anything to the contrary in this Restated DA, the City Transportation Manager may approve changes to the triggering events in Table 1; such changes shall not be considered revisions to this Restated DA. Developer’s efforts to improve the Existing Building shall not be contingent upon or require the development of any Transportation Improvements as a condition of approval. Developer may pay to have the City, or a third party, construct the transportation improvements in whole, or in part. If the total number of trips allocated to the Property remain below the vested, Retained Traffic Capacity provided in Exhibit F, Developer shall not be obligated to accomplish any other transportation improvements or other transportation mitigation as a condition of approval for any development on the Property. In the event the total net new trips generated by a proposed development on the Property triggers the requirements of Section 10.3e above, Developer may be required to accomplish transportation improvements or mitigation measures related solely to the impact of those excess trips.

Appears in 2 contracts

Sources: Development Agreement, Development Agreement