CORRESPONDENCE - 75D - Laserfiche WebLink

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No other dedications of land will be required by City in connection with the Development during the Tenn. However, nothing herein shall be construed to limit City's ability to acquire any portion of the Property, or rights therein, through the exercise of its power of eminent domain. (b) The parking structure, the new Performing Arts Center and other on -site building improvements are to be completed by Developer at Developer's sole cost and expense as generally described in the Site and Development Plan. Those off -site improvements described in subsections 7(b)(i) and (iv) below shall also be completed by Developer at its sole cost and expense. Those off -site improvements described in subsections 7(b)(ii), (iii) and (v) below shall be completed by City at City's sole cost and expense: (i) Installation of a traffic signal and crosswalk at Bristol Street and St. Andrew Place, plus a dedicated right -turn lane along westbound St. Andrew Place at Bristol Street; (ii) Completion of abandonment and associated utility relocations for Balser Street, Berkeley Street and Occidental Street, keeping an opening between Berkeley Street and Occidental Street as a public alley; (iii) Completion of drainage improvements and storm drains; (iv) Modification of a four -way stop at the intersection of St. Andrew Place and Baker Street; and (v) Updated left -turn signal timing at the Edinger Avenue and Monarch Way intersection for entry into the Mater Dei campus. 11. Street Vacations, Utility Relocations and Related Improvement Work. City shall, at its sole cost and expense, vacate and abandon City's right of way easements over Baker Street, Berkeley Street, Occidental Street and St. Andrew Place, to the extent they are included on or about Additional Parcel No. 4, as shown in Exhibit 8 attached hereto and incorporated herein by this reference. City shall, at its sole cost and expense, remove street improvements from all vacated streets and construct public drainage improvements in the area of the drainage easement granted to City by Developer pursuant to Section 7 hereof, in accordance with the following terns and conditions: (a) The street removal and drainage improvement work described above shall all be completed by City prior to the last of the following dates: (i) The date occurring one (1) year after the date on which City receives written notice from Developer that Developer has acquired title to all the Additional Parcels (provided Developer has in fact acquired such title); SMRH:475724784.2 -2-