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05-23-1994 EDA
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05-23-1994 EDA
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Last modified
3/3/2025 6:51:18 AM
Creation date
3/13/2012 12:36:28 PM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
1/1/1994
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_ . __ _ _ -_ -. <br />shall not be deemed to be sufficient plans to serve as the <br />basis for the issuance of a building permit if the <br />Construction Plans are not as detailed or complete as the <br />plans otherwise required for the issuance of a building <br />permit. Such Construction Plans must be rejected in writing <br />by the Authority within l0 working days of submission or shall <br />be deemed to have been approved by the Authority. Any <br />rejection of the Construction Plans shall state in writing the <br />Authority's reasons therefor. If the Authority rejects the <br />Construction Plans in whole or in part, the Developer may <br />submit new or corrected Construction Plans within 30 days <br />after receipt by the Developer of written notification of the <br />rejection, accompanied by a written statement of the Authority <br />specifying the respects in which the Construction Plans <br />submitted by the Developer fail to conform to the requirements <br />of this Section 3.3. The provisions of this Section 3.3 <br />relating to approval, rejection and resubmission of the <br />Construction Plans shall continue to apply until the <br />Construction Plans have been fully approved by the Authority. <br />Approval of the Construction Plans by the Authority shall not <br />relieve the Developer of any obligation to comply with the <br />provisions of this Agreement or the provisions of applicable <br />federal, state and local laws, ordinances and regulations, and <br />approval of the Construction Plans by the Authority shall not <br />be deemed to constitute a waiver of any Event of Default. <br />(b) If the Developer desires to make any material change <br />in the Construction Plans after their approval by the <br />Authority, the Developer shall submit the proposed change to <br />the Authority for its approval or rejection pursuant to this <br />Section. A proposed change in the Construction Plans shall be <br />deemed approved unless rejected by the Authority in writing <br />within 10 working days of submission thereof with a statement <br />of the Authority's reasons for such rejection. <br />Section 3.4. Certificate of Completion. <br />(a) Promptly after completion of the Improvements in <br />accordance with the provisions of this Agreement, and upon <br />written request made to the Authority, the Authority will <br />execute the Certificate of Completion in the form attached <br />hereto as Exhibit C, which shall then be a conclusive <br />determination of satisfaction and termination of the <br />agreements and covenants in this Agreement with respect to the <br />completion of the Improvements. The following shall be <br />conditions precedent to the Authority's obligation to execute <br />the Certificate of Completion: <br />(i) There shall exist no Event of Default <br />hereunder, and the Improvements shall have been <br />263418.1 3 - 3 <br />
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