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ARTICLE III <br /> TCAAP MASTER PLAN <br /> Section 3.1. Development of the AUAR and the TCAAP Master Plan; General <br /> Requirements. The TCAAP Master Plan will provide for development phasing, taking into <br /> account market considerations as well as the financing and investment needs and capacity of <br /> County as the purchaser of the TCAAP Site, County's obligations to complete the County <br /> Remediation and County Site Clearance, survey and plat of the TCAAP Site and the financial <br /> commitment of both Parties for the Public Improvements. City will prepare the AUAR in <br /> conjunction with the preparation of the TCAAP Master Plan, as provided in this Article III, <br /> including the hiring of any planning and engineering or other consultants it deems reasonably <br /> necessary to prepare the AUAR and the TCAAP Master Plan. The City will exert its best efforts <br /> to complete the AUAR within eighteen (18) months of the effective date of this Joint Agreement, <br /> and to complete the TCAAP Master Plan within six (6)months of the adoption of the AUAR, but <br /> not later than twenty-four (24) months of the effective date of this Joint Agreement for <br /> completion of the AUAR and the Master Plan. The JDA and County shall have the ability to <br /> review and comment during the preparation of the AUAR and Master Plan. <br /> 3.1.1. City Development Standards. The Parties will work cooperatively to <br /> assure that the City's development standards and goals expressed in its comprehensive plan and <br /> zoning code, as each may be amended, are incorporated into the TCAAP Master Plan to enable <br /> the JDA to proceed with timely development of the TCAAP Site thfough the Development Sit <br /> pr-eeess deseribed speeifiea4ly in Seetions 3.2.2 thfough 3.2.6 below and generally in this Aftiele <br /> m—and-other-wise „, nt to this joint as provided in this Agreement. The Parties <br /> recognize that upon purchase of the TCAAP Site andC ,.­ ­ -nay desire to purs,�c d(,-vr 1r%-­not <br /> f Tevc1or.- ant Site prior to completion of all the County Remediation and the adoption of the <br /> TCAAP Master Plan Getinty may desire to pur-sue development of a Development Site an <br /> , . It is in the interest of the Parties for redevelopment of TCAAP to occur timely and <br /> responsively to market demand,, ,,may. As a result in-development of a Development Site(s) <br /> may occur before completion of the TCAAP Master Plan to the extent there are roads and public <br /> utilities available to serve the selected Development Site. In such event the Parties and JDA will <br /> proceed in accordance with this Joint Agreement to the extent feasible, However, <br /> the Parties agree that the City comprehensive plan-and.,zoning ordinance and city review process <br /> as required by statute shall guide and control such proposed development pending completion of <br /> the TCAAP Master Plan. <br /> 3.1.2. Approval of TCAAP Master Plan. The JDA shall recommend to the <br /> Parties a public process for consideration of the Master Plan prior to final approval by the <br /> Parties. Upon presentation of the TCAAP Master Plan as prepared pursuant to this Article III, the <br /> Parties shall review, comment, suggest revisions and reasonably exercise their discretion to <br /> approve the TCAAP Master Plan in a timely manner. The TCAAP Master Plan shall be approved <br /> by means of a resolution of each Party's governing body prior-to its implementation by the JD^_ <br /> The JDA shall implement the TCAAP Master Plan as approved by the Parties. <br /> 12 <br />