73 Pa. Stat. § 850.504

Current through Pa Acts 2024-53, 2024-56 through 2024-127
Section 850.504 - Development agreements

In furtherance of the agreement specified in section 302 , the partnering municipality, transportation authority, public transportation agency and, if participating, county representatives, including the designated management entity, shall enter into a development agreement with the pertinent private sector development organization or organizations to implement the proposed TRID. The development agreement shall stipulate the final project scope as well as the partners' roles, responsibilities, financing arrangements, schedule of improvements and the exactions or contributions to the project.

73 P.S. § 850.504

2004, Dec. 8, P.L. 1801, No. 238, §504, effective in 60 days [ 2/7/2005].