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11A - SECOND READ - 200 EAST FIRST AMERICAN WAY - THE MET
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11A - SECOND READ - 200 EAST FIRST AMERICAN WAY - THE MET
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4/12/2012 10:42:15 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
11A
Date
4/16/2012
Destruction Year
2017
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C. The City shall state in writing the reasons for disapproval of the Final Plans within <br />sixty (60) days of receipt of copies of such Final Plans. Failure to respond within this sixty (60) <br />day period shall not be grounds for resubmittal, <br />D. Nexus, upon receipt of a notice of disapproval, shall revise such portions of the <br />plans, drawings or related documents in a manner that reasonably satisfies the reasons for <br />disapproval and shall resubmit such revised portions to the City as soon as possible after receipt of <br />the notice of disapproval. Plans, drawings, and related documents receiving City approval shall not <br />be subsequently disapproved. Nexus shall ensure that all of its plans, drawings and related <br />documents comply with all Governmental Requirements. <br />5. COMMBNCFMIN`C AND COMPLETION OF CONSTRUCTION OF NEXUS <br />1MPROVEMENTS <br />a. Nexus shall construct and/or fund, utilizing the Nexus Escrow, the improvements in <br />conformance with Exhibit A to this Agreement and the approved Final Plans. To the extent that the <br />cost of the Nexus Improvements, constructed in conformance with Exhibit A to this Agreement and <br />the approved Final Plans, exceeds the funds in the Nexus Escrow, Nexus and Geneva Commons <br />shall be solely responsible for said costs, with each responsible for any additional cost to the same <br />percentage as is set forth in paragraph 1.8. of this Agreement, Nexus shall complete or fund, as the <br />case may be; the construction of the improvements in conformance with the schedule set forth in <br />Exhibit B to this Agreement, <br />b. The parties acknowledge and agree that ilio Block Wall identified as Item No. 1 on <br />Exhibit A will be constructed on the properties of dozens of individual homeowners in the <br />Sandpointe neighborhood, none of whom are parties to this Agreement, The parties agree to use <br />their best efforts to obtain permission of each of these individual property owners to construct this <br />Block Wall and to permit the City to permanently maintain the climbing ivy along the exterior of <br />the wall, However, it is the parties understanding and intent that should any property owner ret1ase <br />to agree to pennit the construction and/or exterior ivy maintenance {"hold outs"), that the Block <br />Wall will be constructed regardless of any holdouts, and that Nexus shall construct the Block Wall <br />in such fashion as to join the Block Wall to existing wall segments owned by hold outs acid <br />minimize any negative aesthetic impact caused by such hold outs. Nexus agrees to hold Sandpointe <br />and its officers, directors, employees and agents harmless from any claim by any and all property <br />owners including such hold outs arising out of the construction of the Block Wall in which <br />Sandpointe, or its officers, directors, employees or agents are named. Nexus shall be permitted to <br />select counsel to defend Sandpointe at the expense of Nexus, In the event of a potential conflict of <br />interest between Sandpointe and Nexus, Sandpointe shall have the right to select independent <br />counsel. All fees and costs of independent counsel selected by Sandpointe for defense of any claim <br />arising out of or relating to any claims described herein shall be paid by Nexus on behalf of <br />Sandpointe. <br />EXHIBIT D <br />4rdtnance No. NS-2680 S <br />Page 34 of 61 <br />11 A-38
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