Temporary Public Parking Clause Samples

Temporary Public Parking. The City, the Agency and the Redeveloper hereby acknowledge that there are presently two hundred forty-eight (248) spaces of public parking on the Project Site. Such parking spaces exist now to serve retail uses and long term parking needs in the Project Site and surrounding areas and the new parking spaces will be used to serve area retail uses and long term parking needs. Due to Project Site conditions, the parties acknowledge that the Redeveloper will be unable to provide two-hundred forty- eight (248) temporary public parking spaces for use by the general public during construction of the Improvements. During construction of the Phase I Improvements and Phase II Improvements, the Redeveloper shall make available for use by the general public a minimum of one hundred (100) parking spaces. These temporary public parking spaces shall be located on the Project Site, except that with the prior written approval of the Agency, which approval shall not be unreasonably withheld, delayed or conditioned, up to twenty (20%) percent of said temporary public parking spaces may be located off- site provided they are within four hundred (400) feet of the Project Site. During construction of the Phase III Improvements, there shall be available for use by the general public a minimum of one hundred eighty-eight (188) parking spaces within the Phase I Improvements and Phase II Improvements. Prior to the conveyance of the Municipal Parking Lot to the Redeveloper, the Norwalk Parking Authority shall continue to maintain and operate the public parking spaces on such parcels or parcel in the usual course of business and consistent with past practices. Upon conveyance of fee simple title of the Municipal Parking Lot to the Redeveloper, the parking spaces designated by the parties hereto as temporary public parking spaces shall be maintained and operated by the Redeveloper in accordance with the Redeveloper’s temporary public parking plan as approved by the Norwalk Parking Authority and/or the City, which temporary public parking plan must be approved prior to the conveyance to the Redeveloper of the Municipal Parking Lot. The City and the Agency agree to modify the Agency’s obligation under their Option Agreement granting the Agency the option to purchase the Municipal Parking Lot by modifying the number of temporary public parking spaces that the Agency is required to provide during construction to the number of temporary public parking spaces set forth above. All permanent ...