Red River Street Sample Clauses
Red River Street. The City desires to reconfigure and relocate “Hospital Drive”, as generally shown on Exhibit F, to straighten the southern end of such street. Landlord, Tenant, and UT System desire to work with the City to have that portion of Hospital Drive redesignated as Red River Street (completing its reconfiguration south of Fifteenth Street and generally aligning it north-south with the relocated Red River Street north of Fifteenth Street). The new Red River Street south of Fifteenth Street which replaces Hospital Drive is referred to as “New Red River”.
(a) Landlord acknowledges that, as part of the creation of New Red River, Tenant intends to develop underground parking facilities that will be located under the right of way of New Red River and adjacent to the Block 164 Premises, subject to the approval of the City, and ▇▇▇▇▇▇▇▇ agrees that it will reasonably cooperate, at no cost to Landlord, with ▇▇▇▇▇▇’s securing all applicable approvals and permits therefor. ▇▇▇▇▇▇ agrees to cooperate with Landlord to assure that any underground parking located within the New Red River right-of-way may be connected to future, additional underground parking or underground driveways and access on adjacent portions of the Central Health Downtown Campus as and when developed by Landlord or any other entity. However, parking located under the right of way of New Red River will not extend into or beneath Block 165 or other Landlord Property.
(b) Tenant shall be responsible for the design, construction, and completion of the New Red River.
(c) ▇▇▇▇▇▇’s architect has issued and received responses to a request for proposals to prepare and submit plans to the City. Landlord shall have the right to approve ▇▇▇▇▇▇’s selection of the civil engineer and general contractor. ▇▇▇▇▇▇▇▇’s approval will not be unreasonably withheld or delayed, and Landlord will provide Landlord’s approval or denial within thirty (30) days after receipt of Tenant’s recommendation. If Landlord fails to respond within such 30-day period, then ▇▇▇▇▇▇’s selection will be deemed approved. Tenant will be responsible for architect’s oversight fees, if any. To the extent that these costs are not reimbursed by the City, Landlord shall reimburse Tenant for Landlord’s pro rata share of the civil engineering fees associated with the New Red River project, or, with Landlord’s concurrence, Tenant shall have the right to offset such fees against Base Rent for the Block 164 Premises.
(d) Landlord and ▇▇▇▇▇▇ will work together an...
