Indiana Master Development Agreement

State:
Multi-State
Control #:
US-ET0320AM
Format:
Word; 
Rich Text
Instant download

Description

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FAQ

Development agreements provide public agencies greater flexibility in imposing requirements on proposed development, such as development conditions, exactions and fees, because constraints and uncertainties that affect a local agency's ability to unilaterally impose such requirements do not apply to mutually agreed ...

In the Master Developer approach, a single organisation undertakes to promote the site, secure planning permission, deliver enabling infrastructure works and common open spaces, and create serviced plots of land for sale to a range of builders and developers.

Master Development Agreement means an agreement between the master developer and the political subdivision to govern a STAR bond district and any STAR bond projects.

A DSA is an agreement between an investor and a developer looking to a renewable energy system such as a utility scale solar or a battery energy storage project.

While Joint Venture and a Joint Development Agreement are synonymously used terminologies, they are quite different. A Joint Venture also referred as JV is applicable to every kind of business; however, a Joint Development Agreement i.e. JDA is restricted only to the real estate sector.

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Indiana Master Development Agreement