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3rdand BroadwayPBA/CDANovember 17, 2020Slide 13What’s in this DDA?• DDA establishes– City’s Responsibilities– Developer Responsibilities– Performance Schedule– Hotel conversion option of hotel if underperforming after year 2– Share of City profits should project sell to new developer– Parking related responsibilities– A process by which the 211 parking spaces will be sold– Reciprocal access– A Community Workforce Agreement