YMCA Facility definition
Examples of YMCA Facility in a sentence
In the event that the YMCA shall cease to operate the YMCA Facility on a full time basis and the County shall not elect to assume full ownership and operation of the YMCA Facility, the County and the YMCA agree that the YMCA Facility shall be sold in a commercially reasonable fashion and the proceeds of sale shall be distributed to the County and to the YMCA in proportion to their respective contributions towards the cost of the construction of the YMCA Facility and all capital improvements thereto.
The development of the Property, including the design, development and construction of YMCA Facility and the Building constitutes a public-private partnership, and this Agreement is a development contract under the PPP Act.
Upon completion of the YMCA, the YMCA shall continuously operate the YMCA Facility (except for temporary closures due to casualty loss, renovation, force majeure or other cause outside of YMCA control or necessary for critical and essential YMCA operational reason) for a period no less than less than thirty (30) years following the commencement of operations (the “YMCA Operations”).
Modifications of Shared Space in YMCA Facility will be planned and executed with mutual agreement and written approval of WCBE.
The Board leases the Leased Area to the YMCA for the construction and operation of a YMCA Facility.
During the period in which YMCA is engaged in construction activities initially to construct the YMCA Facility on the Leased Area (the “Construction Period”), YMCA may use the portion of the Property shown on Exhibit B (the “Construction Use Area”) for construction activities related to the construction of the YMCA Facility.
The YMCA shall construct the YMCA Facility at a cost currently estimated to be approximately $25.5M (the “Projected Cost”).
Prior to commencement of construction activities, YMCA shall propose and seek approval from Board of a landscape plan for the YMCA Facility.
The YMCA shall be responsible for the design of the YMCA Facility; provided, however, that the final design of the YMCA Facility shall be subject to the approval of the County, which approval shall not be unreasonably withheld, conditioned, or delayed.
The YMCA shall not use the Leased Area for any purpose other than that of a YMCA Facility.