Common use of Staging Areas Clause in Contracts

Staging Areas. The Developer has identified appropriate staging space that is needed for this Project set forth in the “Construction Containment Plan” attached hereto as Exhibit G, which includes parking arrangements for contractors and construction crews during completion of the Project. The Construction Containment Plan will provide that the construction workers for the Project will be instructed to park in the City’s Division Street Parking Ramp, and during the construction of the Project, such construction workers, or their respective contractors or sub-contractors, shall pay not less than $350,000 in parking fees to the City as shown by contractor or subcontractor receipts. Additional space may be provided for upon mutual written agreement of the Developer and City. Substantial compliance with the Construction Containment Plan is mandatory, and failure of the Developer to substantially comply with the plan shall permit the City, in its reasonable discretion, to issue a stop work order until compliance is obtained and/or, after a cure period as described in the Construction Containment Plan, perform the work itself and charge the Performance Bond for the reasonable costs. The Construction Containment Plan shall require that up to $40,000 shall be set aside to be used by the DDA with respect to construction communications and other related expenses with respect to the Project. 50% of such amount shall be contributed from Bond proceeds and 50% of such amount shall be paid by the City or the DDA. The DDA shall provide the City and the Developer with a budget demonstrating the proposed disbursements of such funds and with receipts showing the actual expenditures following the disbursement of such funds.