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DEVELOPMENT AGREEMENT This Development Agreement (this Agreement), is effective as of April 14, 2022 (the Effective Date), by and between the City of South Bend, Department of Redevelopment, acting
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01
Obtain a copy of the development agreement template from the city government
02
Review the requirements and obligations outlined in the agreement
03
Fill out all the relevant sections of the agreement, including details of the proposed development project, timelines, and financial responsibilities
04
Consult with legal counsel or a real estate professional if needed to ensure all terms are understood and accurately reflected in the agreement
05
Submit the completed development agreement to the city for review and approval

Who needs development agreement - city?

01
Property developers planning on undertaking a new construction project within a city's jurisdiction
02
Any individual or entity looking to ensure compliance with local zoning and planning regulations for a development project
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Development agreement - city is a legal contract between a municipality and a developer that outlines the obligations and responsibilities of each party in a specific development project within the city.
The developer and the city government are required to file the development agreement - city.
To fill out a development agreement - city, both parties must outline the terms of the development project, including timelines, construction plans, and financial obligations.
The purpose of a development agreement - city is to establish a clear framework for a development project, ensuring that both the developer and the city abide by agreed-upon terms.
The development agreement - city must include details such as project scope, timeline, budget, responsibilities of each party, and any penalties for non-compliance.
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