Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City: (a) tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s tax; (b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station; (c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hotel has been tailored specifically for Santa ▇▇▇▇▇▇ and is greatly enhanced in comparison with other Courtyard by Marriott Hotels. Moreover, also consistent with the ▇▇▇▇, this Project is paired with a concurrent hotel project across the street at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ at this gateway location. (d) providing new employment opportunities in the Hotel and Leasable Space; (e) providing the City with fee revenue for child care facilities; (f) providing the City with fee revenue for cultural arts; (g) providing the Santa ▇▇▇▇▇▇-Malibu Unified School District with fee revenue for capital improvements; (h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable; (i) construction jobs; (j) various standard public improvements and fees; and (k) trip reduction measures as required by SMMC Chapter
Appears in 2 contracts
Sources: Development Agreement, Development Agreement
Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City:
(a) increasing tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s user‟s tax;
(b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station;
(c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s City‟s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hotel has been tailored specifically for Santa ▇▇▇▇▇▇ and is greatly enhanced in comparison with other Courtyard by Marriott Hotels. Moreover, also consistent with the ▇▇▇▇, this Project is paired with a concurrent hotel project across the street at ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ at this gateway location.
(d) providing substantial new employment opportunities in the Hotel and Leasable Space;
(e) providing the City with fee revenue for child care facilities;
(f) providing the City with fee revenue for cultural arts;
(g) providing the Santa ▇▇▇▇▇▇-Malibu Unified School District with fee revenue for capital improvements;
(h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable;
(i) construction jobs;
(j) various standard public improvements and fees; and
(k) trip reduction measures as required by SMMC Chapter
Appears in 1 contract
Sources: Development Agreement
Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City:
(a) increasing tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s user‟s tax;
(b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station;
(c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s City‟s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hampton Inn & Suites Hotel has been tailored specifically for Santa ▇▇▇▇▇▇ and is greatly enhanced in comparison with other Courtyard by Marriott Hotels. Moreover, also consistent with the ▇▇▇▇, this Project is paired with a concurrent hotel project across the street at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ at this gateway location.
(d) providing substantial new employment opportunities in the Hotel and Leasable Space;
(e) providing the City with fee revenue for child care facilities;
(f) providing the City with fee revenue for cultural arts;
(g) providing the Santa ▇▇▇▇▇▇-Malibu Unified School District with fee revenue for capital improvements;
(h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable;
(i) construction jobs;
(j) various standard public improvements and fees; and
(k) trip reduction measures as required by SMMC Chapter
Appears in 1 contract
Sources: Development Agreement
Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City:
(a) tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s tax;
(b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station;
(c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hampton Inn & Suites Hotel has been tailored specifically for Santa ▇▇▇▇▇▇ and is greatly enhanced in comparison with other Courtyard by Marriott HotelsHampton Inn & Suites facilities. Moreover, also consistent with the ▇▇▇▇, this Project is paired with a concurrent hotel project across the street at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ at this gateway location.
(d) providing new employment opportunities in the Hotel and Leasable Space;
(e) providing the City with fee revenue for child care facilities;
(f) providing the City with fee revenue for cultural arts;
(g) providing the Santa ▇▇▇▇▇▇-Malibu Unified School District with fee revenue for capital improvements;
(h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable;
(i) construction jobs;
(j) various standard public improvements and fees; and
(k) trip reduction measures as required by SMMC Chapter
Appears in 1 contract
Sources: Development Agreement