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Agenda Packets - 1997/12/08
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Agenda Packets - 1997/12/08
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Last modified
1/28/2025 4:51:35 PM
Creation date
6/29/2018 8:25:23 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
12/8/1997
Supplemental fields
City Council Document Type
City Council Packets
Date
12/8/1997
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DRAFT #1 <br /> in accordance with said plans) comply to the Authority's satisfaction with the provisions <br /> of this Agreement relating thereto. <br /> (b) If the Developer desires to make any Material change in the Construction <br /> Plans after their approval by the Authority, the Developer shall submit the proposed <br /> change to the Authority for its approval. If the Construction Plans, as modified by the <br /> proposed change, conform to the requirements of this Section 20.2 of this Agreement with <br /> respect to such previously approved Construction Plans, the Authority shall approve the <br /> proposed change and notify the Developer in writing of its approval. Such change in the <br /> Construction Plans shall, in any event, be deemed approved by the Authority unless <br /> rejected, in whole or in part, by written notice by the Authority to the Developer, setting <br /> forth in detail the reasons therefor. Such rejection shall be made within ten (10) days <br /> after receipt of the notice of such change. The Authority's approval of any such change <br /> in the Construction Plans will not be unreasonably withheld. <br /> (c). The terms of this Section 20.2 shall apply only to the Construction Plans <br /> as herein defined. Any site plan approval, variances, and any other City permit or <br /> approval required for construction of the Minimum Improvements shall be applied for and <br /> processed in accordance with normal City procedures. <br /> 20.3. Commencement and Completion of Construction. Subject to Unavoidable • <br /> Delays,the Developer shall commence construction of the Minimum Improvements within <br /> 70 days after the date of this Agreement. Subject to Unavoidable Delays, the Developer <br /> shall substantially complete the construction of the Minimum Improvements by July 5, <br /> 1998. All work with respect to the Minimum Improvements to be constructed or provided <br /> by the Developer on the Property shall be in conformity with the Construction Plans as <br /> submitted by the Developer and approved by the Authority. <br /> The Developer agrees for itself, its successors and assigns, and every successor in <br /> interest to the Property, or any part thereof, that the Developer, and such successors and <br /> assigns, shall promptly begin and diligently prosecute to completion the development of <br /> the Property through the construction of the Minimum Improvements thereon, and that <br /> such construction shall in any event be commenced and completed within the period <br /> specified in this Section 20.3 of this Agreement. Subsequent to the Developer's <br /> acquisition of title to the Property, or any part thereof, and until construction of the <br /> Minimum Improvements has been completed, the Developer shall make reports, in such <br /> detail and at such times as may reasonably be requested by the Authority, as to the actual <br /> progress of the Developer with respect to such construction. <br /> 20.4. Certificate of Completion. (a) Promptly after substantial completion of the <br /> Minimum Improvements in accordance with those provisions of this Agreement relating <br /> solely to the obligations of the Developer to construct the Minimum Improvements <br /> (including the dates for beginning and completion thereof), the Authority will furnish the <br /> Developer with a Certificate of Completion substantially in the form shown at Exhibit B. <br /> Such certification by the Authority shall be a conclusive determination of satisfaction and <br /> SJR133725 <br /> Mar205-9 17 <br />
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