The North Dakota Master Development Agreement (MDA) is a contract that outlines the terms and conditions between the state of North Dakota and a private entity or developer for the development of a specific project or area. It serves as a comprehensive framework for the planning, design, construction, and operation of the development. The North Dakota MDA typically includes specific provisions related to zoning, land use, infrastructure development, financing, environmental considerations, and regulatory compliance. It establishes the roles and responsibilities of the state and the developer, creating a collaborative partnership for successful project execution. One type of North Dakota MDA is the Economic Development MDA, which focuses on promoting economic growth and creating job opportunities. This type of agreement often involves the development of industrial parks, commercial complexes, or manufacturing facilities. The aim is to attract businesses and industries to the state, stimulating economic activity and raising the standard of living for its residents. Another type is the Housing Development MDA, which prioritizes the construction and improvement of affordable housing units within the state. This agreement addresses the pressing need for adequate housing options, especially for low-income individuals and families. The North Dakota MDA ensures that these developments meet the required standards, comply with regulations, and provide housing solutions that are both sustainable and accessible. Additionally, there may be specific MDS related to infrastructure development, such as transportation or energy. These agreements focus on improving North Dakota's infrastructure networks to support economic growth and meet the demands of a growing population. They often involve the construction or expansion of highways, bridges, rail systems, or renewable energy projects, contributing to the overall development and connectivity of the state. In conclusion, the North Dakota Master Development Agreement is a contractual arrangement between the state and private entities for the successful execution of development projects. Whether it is economic, housing, or infrastructure-focused, the agreement sets the foundation for collaboration, ensuring the fulfillment of goals, and benefiting the state and its residents.
North Dakota Master Development Agreement
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A development agreement is a voluntary contract between a local jurisdiction and a person who owns or controls property within the jurisdiction, detailing the obligations of both parties and specifying the standards and conditions that will govern development of the property.
Developer Contract means any contract entered into by a developer and any third party where the scope of the Developer Contract is to perform work related to a development in the City, and where the developer has entered into a City Contract or has received a Subsidy. Developer Contract Definition | Law Insider lawinsider.com ? dictionary ? developer-con... lawinsider.com ? dictionary ? developer-con...
Development agreements are contracts negotiated between project proponents and public agencies that govern the land uses that may be allowed in a particular project. Development Agreement Manual - Institute for Local Self Governance calafco.org ? files ? resources ? CALAFCO_U ? D... calafco.org ? files ? resources ? CALAFCO_U ? D...
Development Period means, with regard to any Commercial Discovery, the period beginning upon approval of the Development Plan for such Commercial Discovery and ending upon the termination of this Contract for any reason or by any contractual or administrative rescission. Development Period Definition: 902 Samples | Law Insider lawinsider.com ? dictionary ? development-... lawinsider.com ? dictionary ? development-...
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 ...
Contract development is then about taking the details outlined in the pre-contract meetings and drafting an agreement. Contract Development & Contract Award Phase | ContractPodAi contractpodai.com ? news ? contract-development... contractpodai.com ? news ? contract-development...