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Third and Broadway Development Project <br />July 5, 2016 <br />Page 3 <br />9, A hotel tax rebate Incentive may be negotiated between the City and the hotel <br />operator consistent with the City's Motel Incentive Program. <br />10. The developer shall build the project paying prevailing wages and the hotel <br />component shall employ unionized labor at prevailing wages for Its operations. <br />11. The developer will not be required to replace the existing public parking, Therefore, <br />no public funds shall be directed to the development project for the purpose of <br />creation of public parking. <br />12. The City and the developer will review and resolve all existing parking obligations <br />associated with the existing municipal parking structure. <br />13, The City shall convey property titles immediately prior to a previously scheduled and <br />fully authorized demolition of the existing Improvements on the property. <br />14. The demolition of the existing improvements and subsequent construction of the new <br />project shall take place consistent with agreed upon terms and timelines set forth In <br />the DDA. <br />15. Any unauthorized delays by the developer at any agreed upon phase of construction <br />shall be subject to penalties set forth in the DDA. <br />16. The new development project shall be designed by a highly credible design team to <br />exemplify the City's commitment to excellent design and sustainability in Santa Ana. <br />17. The City shall be responsible for removing all City parking equipment prior to <br />commencement of demolition. <br />1'8, Prior to issuance of final certificates of occupancy, general, standard, and specific <br />conditions and obligations set forth for this project shall be met within the timelines <br />outlined in the DDA. <br />19, Developer is required to provide Community Outreach with all stakeholders to hear <br />and address concerns over parking and construction during and after construction <br />20, The developer shall provide a Parking ivianagement Agreement. Part of that <br />agreement will Include provisions for the City to maintain and operate the parking <br />structure until such time that the property must be prepared for demolition, <br />21. Developer shall reconstruct Sycamore Street between 3rd Street and 0 Street for all <br />modes of transportation at the developer's expense. The reconstruction of Sycamore <br />Street shall be performed according to all zoning, open space, and public right -of -way <br />standards to the satisfaction of the Planning and Building and Public Works Agencies, <br />22. Existing street parking meter and parking activity must remain intact. <br />23. Developer shall improve the alley adjacent to the property according to specifications <br />determined during the entitlement review process. <br />24. Developer shall remove the existing pedestrian bridges. <br />25. Developer shall provide ground floor, pedestrian - oriented commercial uses as will be <br />detailed during the entitlement process. The developer shall meet specific <br />performance milestones set forth in the DDA. <br />26. The developer shall provide a detailed construction schedule, staging, and <br />management plan to be reviewed and approved by the City to eliminate or mitigate <br />Impacts to the surrounding businesses and the public during construction. <br />65A -3 <br />