Common use of Use of Project Property Clause in Contracts

Use of Project Property. 3.2.1 Subject to all the terms and conditions of this Agreement, ▇▇▇▇▇▇▇▇▇ agrees to build the Project as follows: A. Project will provide a minimum of 175 apartment units and a maximum of 212 apartment units plus administrative offices, maintenance facility, lobby, clubhouse/gym, and swimming pool. The existing parking garage will be structurally updated as necessary to meet the requirements of Title 15 (Building and Construction) of the Sparks Municipal Code to provide support for a podium and the apartment units above the podium. The Public Parking will be restriped with double stripping on either side of each space at either 8 and 8.5 foot intervals, as determined by the City Engineer, on diagonal spaces and 9 foot intervals on spaces that are perpendicular to the drive aisle. All parking for residents of the Project will located on levels 2 to 4 of the parking garage and will be provided at a minimum ratio of 1.5 parking spaces per apartment unit. Private resident parking will be restriped at 8 foot intervals on diagonal spaces and 9 foot intervals on spaces that are perpendicular to the drive aisle. Developer shall take preventative measures to direct tenants to use assigned parking areas rather than the Public Parking, which is intended for use by non-residents. Public and private parking will be separated by a security gate and screen. The existing garage elevators will be removed and updated such that any occupants are fully visible from the exterior of the building. The garage structure will be sealed, painted and its elevator modified to conform to the architecture of the entire development. Developer shall make all efforts required to maintain the Public Parking area(s) suitable for public use as a public parking facility. Developer shall coordinate with the City on all full or partial temporary closures of the Public Parking as necessary for maintenance purposes. B. The design of the buildings will be in substantial conformance with the conceptual architectural elevations attached hereto as Exhibit 7 and with the development standards of Title 20 (Zoning Code) of the Sparks Municipal Code. The City will allow ADA van accessible parking spaces, the number to be determined in conformance with the Sparks Municipal Code, to be included along C Street in front of the Project Property. C. Maintenance of the Public Parking shall include, but not be limited to, horizontal surface cleaning/repair/upkeep (sweeping, litter control/removal, crack repair, parking curbs, striping, etc.), storm water drainage, signage, vertical surface repair (cleaning, painting, graffiti removal within 24 hours), lighting maintenance/upkeep, and security systems.

Appears in 2 contracts

Sources: Disposition and Development Agreement, Disposition and Development Agreement