Common use of Principal Components of the Project Clause in Contracts

Principal Components of the Project. The Project to be undertaken by the Company consists of the construction of: (i) the mixed-use commercial, recreational and residential project described in the SEQRA Findings Statement as "River Park Center" on the River Park Center Site; (ii) the mixed-use commercial project described in the SEQRA Findings Statement as "▇▇▇▇▇▇ Center" on the ▇▇▇▇▇▇ Center Site; and (iii) the construction of the predominantly residential project described in the SEQRA Findings Statement as "Palisades Point" on the Palisades Point Site. The Project consists of the following principal components: (1) To be developed on the River Park Center Site: (2) residential towers ("Residential Tower East" and "Residential Tower West") each up to approximately 400 feet high (measured in accordance with the Zoning Ordinance) and containing an aggregate total of up to approximately 950 residences and lobby and other common spaces. • The RPC Public Parking Facility in the RPC Commercial Building containing approximately 2,075 parking spaces. • A private parking facility in the RPC Commercial Building containing approximately 475 parking spaces to serve Residential Tower East. • The reconfiguration, reconstruction and "daylighting" of the approximately 1,100 linear feet of the channel of the Saw Mill River located within the boundaries of the River Park Center Site, (all such improvements, the "Daylighting"), and the construction of a pedestrian way along the improved river channel (the "Riverwalk") with a plaza, outdoor dining areas (for use by restaurants in the RPC Commercial Building) and other amenities for public use. • The Government Center Public Parking facility containing approximately 1,048 spaces in a mixed use building including a private parking facility containing approximately 475 spaces to serve Residential Tower West, approximately 20,000 square feet of retail/restaurant space and approximately 21,000 square feet of space for the relocation of a displaced business (the "Government Center Building"). • A ten (10) level building on the north side of Palisade Avenue at the intersection of Palisade Avenue and Elm Street (the "Palisade Avenue Office Building") containing approximately 225,000 square feet of office space and approximately 10,000 square feet of retail space. • The Palisade Avenue Public Parking Facility in the Palisade Avenue Office Building containing 435 spaces. • There are many locations where debris has collected within the Saw Mill River flume. This ranges from large cobbles and stones to portions of trees and garbage. In order to restore full hydraulic capacity to the flume, the debris must regularly be cleared from the flume in the vicinity of River Park Center. In accordance with Section 2.1(B)(2)(d) of this Agreement, the Company will be responsible for inspecting and clearing debris from the open segment of the Saw Mill River at River Park Center.