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ONE BROADWAY PLAZA DEV. AGMT
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07/06/2004
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ONE BROADWAY PLAZA DEV. AGMT
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Last modified
1/3/2012 5:02:12 PM
Creation date
7/2/2004 3:05:55 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Item #
75E-1
Date
7/6/2004
Destruction Year
2009
Notes
One Broadway Plaza Development Agreement
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<br />8 <br /> <br />extension is sent to the other party within thirty (30) days of the commencement of the cause or <br />event resulting in such delays. <br /> <br />2.1 "Offsite Mitigation Measures" means all those mitigation measures not <br />on the Property applied to the Project as either mitigation measures or conditions of approval, <br />and which are set forth in greater detail in paragraph 5 .1.1 below, and Exhibit C to this <br />Agreement. <br /> <br />2.2 "Property Owner" or "Owner" means One Broadway Plaza, LLC, a <br />California Limited Liability Company, 1200 N. Main LLC, a California Limited Liability <br />Company, and 845 Broadway LLC, a California Limited Liability Company, being the person, <br />persons, or entity collectively having a legal or equitable interest in the Property. <br /> <br />2.3 "Property" is the real property described in Exhibit A and refeITed to in <br />Exhibit B, bounded by Broadway on the west, Washington Avenue on the north, Sycamore <br />Avenue on the east and Tenth Street on the south. <br /> <br />8 <br /> <br />2.4 "Project" is the development of a 37 story, 518,000 square foot, Class A <br />office building and associated parking structure and ancillary commercial development on the <br />Property as generally set forth in Specific Design Zoning Designation SD-75, Enviromnental <br />hnpact Report No. 99-01, General Plan Amendment No. 2004-01 and Zoning Ordinance <br />Amendment No. 2004-02. The parties to this Agreement acknowledge and agree that to the <br />extent set forth on the attached Exhibit D future discretionary approvals are required for the <br />development of the Project on the Property, that this Agreement does not apply or in any way <br />constrain the City's discretion as to such future discretionary approvals, and that such approvals <br />if granted shall at that time be incorporated into the definition of the word "Project" as used <br />herein. <br /> <br />3. EXHIBITS. The following documents refeITed to in the Agreement are attached <br />to this Agreement, incorporated herein by this reference as though fully set forth, and are <br />identified as follows: <br /> <br />Exhibit RefeITed to <br />DA~îEJ1ation DASr.ription in SAc.tion <br />A Property Legal Description 1.2 <br />B Property Graphical Description (Site Plan) 1.2 <br />C Remaining Off site Mitigation Measures 5.1.1 <br />D Remaining Discretionary Approvals 5.1 <br />E Scarifying Area 5.9(3) <br />8 <br /> <br />3 <br />
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