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What happens if the trigger (1,600 units) for the first middle school is not met?

April 26, 2017happens Met middle School Trigger units

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What happens if the trigger (1,600 units) for the first middle school is not met?

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“The District will receive conveyance of the first elementary school within 180 days of MPD Approval (regardless of whether the Developer receives final plat approval for any units). For conveyance of the first middle school site to occur, the Developer must receive final plat approval for 1,600 dwelling units and the District must receive voter approval of a bond to construct a school on that site. Similarly, for the second elementary school, the Developer must receive final plat approval to build 1,750 dwelling units and the District must receive voter approval of a bond to construct a school on that site. If bond approval is not received during the term of the Agreement, the sites will still be conveyed to the District so long as final plat approval for the unit thresholds has been met.