Public Parking Facility definition
Examples of Public Parking Facility in a sentence
Subject to the conditions set forth in this Agreement, City agrees to design and construct the Public Parking Facility at a cost estimated to be approximately $23,043,800.00 on the Public Parking Facility Real Estate.
The parties agree and understand that it is their intent that the timing of the design and construction of the Public Parking Facility will be such that the completion and opening of the Public Parking Facility will coincide with the completion and opening of the DJ Development.
DJ hereby agrees to provide the maintenance and security for the Public Parking Facility according to the terms and provisions of this Agreement.
DJ acknowledges and agrees that it is the intent of the parties that City shall not incur any costs related in any way to the design, construction, or operation of the Public Parking Facility which are not paid for or reimbursed by DJ or financed with the Bonds.
This Agreement shall continue in effect during the life of the Public Parking Facility.
Following the opening of the Public Parking Facility and continuing for the life of the Public Parking Facility, DJ agrees to pay the reasonable and necessary actual operating costs incurred by City for the operation, security, repair and maintenance of the Public Parking Facility.
It is the policy of City that the Public Parking Facility shall be operated in an efficient manner, giving the best possible service to the public.
Although it is not structurally integrated with any Project building, the timely completion of the ▇▇▇▇▇▇ Center Public Parking Facility is also crucial to the Project, because, as discussed in the SEQRA Findings Statement, the ▇▇▇▇▇▇ Center Public Parking Facility must be capable of occupancy before the existing Government Center municipal garage is demolished.
City agrees to allow DJ to provide input and comments on the design of the Public Parking Facility, including but not limited to providing DJ timely copies of all design documents and correspondence regarding design and providing timely notice to DJ of any meetings regarding the design of the Public Parking Facility and allowing DJ to attend such meetings.
All operating costs for the Public Parking Facility shall be paid by DJ as provided in Section 1.3 of the Development Agreement.