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ARTICLE III' <br /> TCAAP MASTER PLAN <br /> I <br /> I <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. Cily Development Standards. The Parties will work cooperatively to <br /> - t.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 as provided in this Agreement. <br /> The Parties recognize that upon purchase of the TCAAP Site County may desire to pursue <br /> development of a Development Site prior to compieti^vn of all the County I2,err2ediation and the <br /> adoption of the TCAAP Master Plan. It is in the interest of the Parties for redevelopment of <br /> TCAAP to occur timely and responsively to market demand. As a result development of a <br /> Development Site(s)may occur before completion of the TCAAP Master Plan to the extent there <br /> are roads and public utilities available to serve the selected Development Site. In such event the <br /> Parties and JDA will proceed in accordance with this Joint Agreement to the extent feasible. <br /> However, the Parties agree that the City comprehensive plan, zoning ordinance and city review <br /> process as required by statute shall guide and control such proposed development pending <br /> completion of 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 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. The JDA shall implement the TCAAP <br /> Master Plan as approved by the Parties. <br /> Section 3.2. Elements of TCAAP Master Plan. The City shall direct its staff and <br /> cos prepare n ultants to the TCAAP Master Plan at City expense. The TCAAP Master Plan shall <br /> specify the planning requirements for the TCAAP Site consistent with.the City's current <br /> - 11 <br />