Common use of Significant Project Features Clause in Contracts

Significant Project Features. Set forth below in this Section 2.6.1 are the project features that will be provided to the City, including without limitation: (a) substantial tax revenues, including vehicles sales tax, property tax, business license tax, and utility user’s tax; (b) an urban auto dealership facility constructed pursuant to the ▇▇▇▇ with the building at the streetfront, the showroom along Santa ▇▇▇▇▇▇ Boulevard, parking/inventory below-grade, and a pedestrian-oriented design to enhance the walkablility of the street; (c) enhanced architecture -- the architectural design of this MINI dealership has been tailored specifically for Santa ▇▇▇▇▇▇, including significant amount of glazing on the Santa ▇▇▇▇▇▇ Boulevard and 14th Street facades, the opening up of the project on the corner with the indoor/outdoor café, and the bright color of the stairs shown on the Santa ▇▇▇▇▇▇ Boulevard façade; (d) substantial employment opportunities ranging from entry- level to skilled positions; (e) Prior to issuance of the Certificate of Occupancy for the Project, MINI of Santa ▇▇▇▇▇▇ shall make a childcare contribution to the City in the amount of $125,578.70. The City shall utilize this contribution to support early childhood initiatives including but not limited to infant, toddler and pre-school tuition subsidies; family support and parent engagement strategies; home visitation programs; facility and playground improvements and kindergarten readiness models. The City shall deposit such monies into a separate restricted account to be used exclusively for the early childhood initiatives as describes above through guidelines to be established by the City; (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