Development of Aquarium in Waterfront

Cover Development of Aquarium in Waterfront
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Upon approval by the Authority of the final plans and specifications, NEAC intends to start construction of the aquarium by March 1, 1965.
7. The NEAC intends to prepare and submit to the Authority for approval, a separate Design Proposal for development of the remaining portions of Parcel A-4 in accordance with the controls and restrictions of the Plan.
8. The NEAC intends to cooperate with the Authority on the architectural elements of the development proposals for Parcel A-4 in order that th
...e development may conform fully to the objectives and controls established for property as expressed in the Plan.
9 . The NEAC and the Authority intend to enter into an accept- able Land Disposition Agreement by October 15, 1964.
10. The Authority will grant to NEAC first priority in the development of remaining portions of Parcel A-4 provided that an acceptable proposal is submitted to the Authority not later than 3 years after completion of construction of the aquarium. The price > to be paid for such land shall be at its fair market value for uses in accordance with the Plan and shall be subject to the approval of the Federal Government.


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