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MAIN PLACE SHOPPINGTOWN, LLC (2)
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MAIN PLACE SHOPPINGTOWN, LLC (2)
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Last modified
7/29/2019 10:07:07 AM
Creation date
7/29/2019 10:06:08 AM
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Contracts
Company Name
MAIN PLACE SHOPPINGTOWN, LLC
Contract #
A-2019-089
Agency
PLANNING & BUILDING
Council Approval Date
6/4/2019
Expiration Date
6/4/2029
Destruction Year
2034
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(b) Owner shall provide the City, or mutually acceptable designee of City, <br />with use of the Central Plaza, Entry Plaza, or other mutually acceptable space at least 12 days <br />each calendar year (no more than two of which shall be consecutive and no more than three of <br />which shall be on a Saturday or Sunday) for events that are reasonably compatible with Project <br />programming. <br />(c) Owner shall provide at least 10 free events each year for the general <br />public. <br />(d) Owner shall provide publicly accessible open -space areas, to be owned <br />and maintained by Owner, as identified in the Development Plan. <br />(e) Owner shall install bike lanes and sidewalk along Main Place Drive <br />between Main Street and Bedford Avenue, as specified in the Project Approvals.. <br />(f) Owner shall provide and maintain secure bike lockers or bike storage <br />rooms in at least four locations on the Property, including at least two within or in close proximity <br />to the residential development. At least half of the lockers shall be made available for free to <br />Project residents and employees. <br />(g) In connection with development of any office building, Owner shall <br />provide a secure, private shower facility for employees of tenants located in the office building to <br />use to shower and change after riding to the Project site, which shall be made available free of <br />charge to said employees (though commercial tenants may be charged as part of their share of <br />common -area expenses). <br />(h) As part of its obligation to provide Public Art, Owner shall provide at <br />least two water features in public areas of the Project (which include public areas of the enclosed <br />mall), one of which may be a splash pad, if Owner determines the installation and maintenance of <br />a splash pad to be feasible and desirable. <br />(i) Owner shall include at least one high -end food court (i.e., "food hall") <br />area of the Project and shall endeavor to ensure that at least ten percent (10%) of the leasable <br />square footage is occupied by new, local food vendors, to the extent reasonably feasible. <br />0) Owner shall submit to the City within 90 days of the Effective Date, a <br />plan for ongoing engagement and support of local philanthropic activities within the City <br />focusing on, but not limited to, the following activities: <br />(i) Education <br />(ii) Culture <br />(iii) Arts <br />(k) Tenant Character and Quality. Notwithstanding any provision herein to <br />the contrary, Owner covenants that, for the Term of this Agreement, Owner will endeavor to <br />ensure that the tenant mix remains consistent with a high quality regional shopping center, <br />equivalent to or surpassing the current tenant mix in terms of quality. The hotels will be operated <br />under an internationally recognized hotel flag or by a boutique hotel operator with a demonstrated <br />-15- <br />55394,00053\31891805.16 <br />
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