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80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J
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80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J
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Last modified
1/3/2012 4:05:19 PM
Creation date
6/10/2010 1:10:58 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
6/7/2010
Destruction Year
2015
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0,~ ~alifar~~ia ~rivzroxz~ei~~al uali#y Actf The Agency and the Developer <br /> acl~na~vledge at~d a~~ee that tl~e Agency is solely rieparrsible for' ~~nder~taing to co~~pletian, at its <br /> sole cost and exper~se, arry env~ront~rental studies and doeutr~er~ts required pursuant to the <br /> ~alifor'rria l~nviron~~~ental duality Act ~"~A"~. Subject to a detex'n~inatior~ by the parties to <br /> ~~hether or trot to proceed ~vitl~ co~~.plia~~ce ~vlth 1JA, a~• tert~inate further efforts regardix~g tl~e <br /> "Project" identified in srrcl~ EA cornplia~~ce, Agency shall d~rly file ~andlar shall ca~~se pity to <br /> duly file} ~ Nance ofDeter'~rrinatiot~ andlor Notice of ~xernptior~ purs~rant to tl~e ~'e~ui~'en~er~ts of <br /> 1~A ~vitl~it~ five days after tl~e date of Agency and arty approval of this Agreerrre~~t, Tl~e <br /> Agency hereby agrees that, if any clraller~ge to corr~pletia~~ of the t'quireme~~ts of 1~A delays <br /> or pr'ol~ibits Develaper' frot~n initially applyir~g for fina~~cit~g far Phase ~-1 or R-2 of tl~e Project <br /> ~lncl~~dl~lg, ~vltl~oL~t l~~~l~tat~arl, a reservation of Tax redits} beyo~~d February 1, ~at2, ar delays <br /> prol~rbrts De~elope~" f~'om com~rrencit~g develapn~e~~t ofPhase beyond liebr~uary 1, 2U12, then <br /> tl~e Developer shall be entitled to tertr~inate tl3is Ag~'eeznet~t as to thaw Phases for ~~hicl~ <br /> f~rra~~cing applicatiot~s or developrnex~t i preverltcd or delayed as set Earth herern arid, upon a~~y <br /> such ter'rr~it~ation, the Agency shalt rei~xaburse Developer for' its Tl~trd Party Costs ~~itliiri sixty <br /> days of s~~br~lissro~i of docutrrentatrori to file Agency suppar'tiri such Tli~rd Patty Costs. <br /> 3U3,~ ~o~ ei•gei~~ Cn or prior to December 31 ~ X410 ~~itli respect to Phase R_ 1 <br /> acid on or' pz'xo~' to tl~e date ari which Develope~~ applies far' Tax ~~edtt ~vitli respect to Phase ~-2, <br /> file Agency shall cause a lot rilerger' p~u'st~ant to Santa Aria iVll~~~actpal Cade ectioris ~4-~ <br /> tl~roi~h 3~-37"~ or otlier ~~bdivisior~ dap Act co~rrpliat~ce so as to coriibitie all of tl~e applicable <br /> parcels of file applicable Plrase into a single parcel, <br /> 0~, Sclze~lule of Perforlnaiice, The Developer shall corrrrnerice coristr~tctioti <br /> purs~~arit to validly issued building per'rnits ~vitl~ respect to file Retitai Portion oftl~e Project on or <br /> before tliirty ~D} days aver tl~e Closing far file applicable Phase and sliall complete cot~trr~ctiar~ <br /> of the Developer Itrrprovements for the applicable Phase of tl~e ~en~al l~or'tiori of tl~e Project on <br /> or' before twenty four ~Z~} ri~roritlis folo~ving carririlenceri~etit~ for Phase P, grading oti all <br /> partrons of Phase F ~~T~ll cariiriletice ~~~tl~tn 0 days of the onvyat~ce of the first portion or <br /> phase of Phase ~orast~•uction of the Develope~~ ltr~proverilerits p«rs~~ar~t to validly issued <br /> building perriir~s ~vrll comrr~ex~ce ~vlthln nrriety ~9~~ days of Canveyarice of the first portfot~ or <br /> plisse of Phase PS, acid ~vitliiti 3~ days after Conveyance of s~~bse~rrerit portions or phases of <br /> Phase 1~~ o~r~pletion of all construction shall oeci~r' ari ar before twenty-four' ~2~} rriontlis a~er4 <br /> cotrrrilencenient of <br /> ~onstt`l~CtiDt] OIL tl~e first portiar~ o~~ phase ofPllase <br /> Dcvelopi~]erYf Obllgatiotls, <br /> U~,1 Cosh of o~rsfructioii. All of the costs of tl~e plat~tiin, design, <br /> developrnerit and construction of the Developer lrraproverrrerits shall be 1~o~'ne solely by file <br /> Developer. <br /> 0~,~ Public Art ~`ee, Developer will provide publrc art ova bite or iii file nearby <br /> vicinity at cast of not less than axle-half percent ~~~°I~} of the building permit valuation far <br /> Phases R~ 1 at~d R- ~"Public Ar't A~~~ount'~~. The Agency and ca~llriluriity organi~atio~xs <br /> identified ley the 1~gerrey 4vill identify the lacatior~ and the local a~~tistic resources available to <br /> provide SL1C11 p~~bllc al't, rf and to the extent less tliari tl~e Public Art Amount is expended, this <br /> difference ~~ili be paid to tl~e Agency as a fee, <br /> 31 <br /> <br /> DD~s~C11~1~~67~~1312~~~72.00~ ~ <br /> <br />
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