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COMMUNITY DEVELOPMENT AGENCY-2008
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COMMUNITY DEVELOPMENT AGENCY-2008
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Last modified
1/3/2012 3:11:13 PM
Creation date
10/21/2008 10:14:44 AM
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Contracts
Company Name
COMMUNITY DEVELOPMENT AGENCY
Contract #
A-2007-296
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
3/19/2007
Destruction Year
0
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ARTICLE 5 <br />CONSTRUCTION BY TENANT <br />Section 5.01. Dutv to Construct <br />Tenant shall, construct or cause to be constructed on the Premises and LHA parcel, a Community <br />Center in the manner and according to the terms and conditions specified in this Article. <br />Section 5.02. Requirement of Landlord's Written Ap royal <br />No structure or other improvement of any kind shall be constructed on the Premises or LHA parcel <br />unless and until the plans, specifications, and proposed location of that structure or improvement have been <br />approved in writing by Landlord. Furthermore, no structure or other improvement shall be constructed on the <br />Premises or LHA parcel that does not comply with plans, specifications, and locations approved in writing by <br />Landlord. <br />Section 5.03. Potential Lar er Proiect <br />No structure or improvement of any kind shall be constructed on the Premises or the LHA parcel if it <br />would hinder development of the potential future public park on the Premises. If said future park is <br />constructed, then the definition herein of Premises shall be modified to refer only to the real property under <br />the Community Center itself, together with any needed easements. <br />Section 5.04. Operational Standards <br />The Community Center and Improvements shall at all times be operated to comply with the provisions <br />of Exhibit D to this Lease. <br />Section 5.05. Time. for Com lep tion <br />Tenant shall cause construction of the Community Center to be commenced in accordance with the <br />Schedule for Completion, provided by the Tenant not later than November 1, 2009, which shall be approved <br />by the City Manager and Agency Executive Director. Tenant shall further cause construction of the <br />Community Center to be diligently pursued without unnecessary interruption, and shall cause the Community <br />Center to be completed and ready for occupancy not later than eighteen (18) months after commencement of <br />its construction. The time of performance by either party hereunder shall be extended where delays are due to <br />war; insurrection; strikes; lockouts; labor disputes; riots; floods; earthquakes; fires; casualties; acts of God; acts of <br />the public enemy; epidemics; quarantine restrictions; freight embargoes; lack of transportation; governmental <br />restrictions or priority; litigation including, but not limited to, litigation challenging the validity of this transaction <br />or any element thereof (except condemnation); severe weather; inability to secure necessary labor, materials or <br />tools; delays of any contractor, subcontractor, or supplies; acts of the other party; acts or failure to act of the City <br />or any other public or governmental agency or entity (other than acts or failure to act of the City shall not excuse <br />performance by the City); or any other cause beyond the control, or without the fault of the party claiming an <br />extension of time to perform; provided that notice by the party claiming such extension is sent to the other party <br />within thirty (30) days of the commencement of the cause. Any such extension shall be for the duration of the <br />cause of the delay. <br />Section 5.06. Ownership of Improvements <br />Title to all Improvements to be constructed on the Premises by Tenant shall be owned by Tenant until <br />expiration of the term or earlier termination or modification of this lease. All Improvements on the Premises at <br />the expiration of the term or earlier termination of this lease shall, without compensation to Tenant, then <br />6 <br />
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