West Side Sample Clauses

West Side a) Parties agree that Borough shall have a Right of First Offer ("ROFO") in the event Power Station chooses to sell the West Side parcel. Borough will have 60 days to make an offer to Power Station. Power Station has no obligation to accept any Borough offer and after 60 days or Power Station's rejection of a Borough offer, Power Station can market the property to third parties and solicit offers. b) To be developed as 62, market rate, condos (for sale or rental at Power Station's discretion) within a building substantially similar to the West Side building in the 2021 Redevelopment Plan (up to 5 stories and 65 ft.). i. The total square footage for floor space will be substantially the same as the West Side building in the 2021 Redevelopment Plan ii. Developer has option to include a 3,000 sq. ft. amenity space in the building. iii. Units to be large with up to 4 bedrooms. iv. Developer retains right to determine if Units will be rental or for sale, depending on market conditions (both parties prefer for sale). v. If Developer chooses for sale condos, the condo formation documents shall indicate that they cannot be rented by the unit owners for less than an annual term. If Developer chooses rentals, rental term shall be no less than annual. In no case may any unit be sublet for less than an annual term (i.e. no "summer rentals" nor any "winter rentals"). c) Bulk Standards (taken from previous 108 unit 2021 Redevelopment Plan): i. Maximum Residential Density is 62 Units on the West Side. Total floor area of the proposed building is approximately 190,000 sq ft. ii. Maximum Height, Five (5) Stories, 65 Feet

West Side. For the first three (3) consecutive days of service in an assignment or assignments, teachers teaching on call shall be paid a daily rate which is the greater of: a. 1 225th of the scale at Step 0 of that teacher teaching on call’s Category placement; or