Public Development. The Public Development consists of the following Project Elements, which will be constructed and paid for by the City: (1) a parking component with approximately 600 structured parking stalls (the “Public Ramp”), to be constructed by the City on Block 88 for operation as public parking; and (2) a proposed Bike Center (as further defined in Section 5.1 (a) below). For all purposes of this Agreement, the defined term “Public Ramp” shall be inclusive of the Bike Center, if constructed.
Appears in 2 contracts
Sources: Development Agreement, Development Agreement