Project Amenities. As depicted and described in the PAD, Phase I of the Project will include an approximate 15,940 square foot plaza (which will not be dedicated to City), as shown on the PAD. To separate and delineate the Project from the surrounding community, the Project shall also include cohesive landscaping along River Drive from Apache Boulevard north to Lemon Street and south to ▇▇▇▇▇▇▇▇▇▇ Drive, consistent with the illustration included as part of Exhibit G. As part of Phase I, Developer shall either install such landscaping on River Drive from Apache Boulevard north to Lemon Street at its sole cost and expense, or deposit with City, for application to installation of the appropriate landscaping, the sum of $25,000. Concurrent with the development of Phase II, Developer shall install such landscaping on River Drive from Apache Boulevard south to ▇▇▇▇▇▇▇▇▇▇ Drive. Prior to completion of the landscaping improvements, City and Developer shall execute a maintenance agreement describing Developer’s obligation to maintain the landscaping both along River Drive and adjacent to the Project, which agreement shall be on City’s standard form. Notwithstanding the foregoing, if a third party (other than City or Developer) agrees to fund all or a portion of the cost of acquisition of the landscaping materials (and City anticipates that up to $7,500 will be available for such purpose), then Developer agrees to complete the installation of such landscaping materials (including any necessary infrastructure), on River Drive from Apache Boulevard north to Lemon Street before December 31, 2016, or as soon thereafter as is reasonable once the landscaping materials or funds have been delivered.
Appears in 2 contracts
Sources: Development and Disposition Agreement, Development and Disposition Agreement