Park Improvements. The park system improvements (collectively, the “Park Improvements”) are described and depicted on Exhibit H which includes a conceptual plan for the location of the Park Improvements (the “Park Improvements Map”), and includes the “Park Improvements Table,” which details the Park Improvements and specifies the timing of when said Improvements must be constructed.
Park Improvements. Tract B of the Infrastructure Land will be landscaped and improved with a softball diamond, soccer field, golf putting area and other similar improvements.
Park Improvements. The Park Site shall be improved by the Developer in accordance with the requirements of Chapter 19.12.050(C) (Parkland Dedication) and all other applicable provisions of the Code.
Park Improvements. The City would coordinate with the Developer and the City’s Park Board and obtain public comment on the design of the Park improvements and enhancements. In addition, the City would discuss with Developer the acquisition, from the Developer or other current owner, one or more buildings immediately east of the Park at a mutually agreeable price, and after such acquisition, the demolishment of such structure(s) for additional Park expansion. Costs for acquisition, demolition and Park improvements and enhancements would be financed by tax increment revenues generated within the TIF District from increased valuation in the District from the Project and potential other development. The Park would be owned and operated by the City with Developer’s ability to provide funds to enhance the improvements and operations.
Park Improvements. Subject to the provisions of this Section 3.5.5, Owner shall construct or cause to be constructed at its own cost, expense and liability the Park Improvements on Lot K in accordance with park concept, landscape and building plans and specifications providing for a turn-key park (“Park Improvement Plan”) which will be prepared by or on behalf of Owner and submitted for review and recommendation by the City’s Park’s Commission and to the City Council for final approval in accordance with the provisions of Section 2.6.1. Notwithstanding the foregoing, Owner’s financial responsibility for the construction of the Park Improvements consistent with the park Improvement Plan shall not exceed Dollars ( ). Owner has submitted documentation demonstrating that the existing structures, including the main stables, located on Lot K are not structurally suitable for conversion to residential uses or other public gathering uses fit for human occupancy under existing Building Codes and that rehabilitation of the structures is economically and practically infeasible without demolition. Owner shall to the extent commercially feasible, preserve, restore and reuse building components and architectural features from the existing main stable structure and integrate those building components and architectural features in a newly constructed replica of the main stable on Lot K as a tribute recognizing the previous use of the Owner Property as an equestrian center. The replica structure may be oriented on Lot K so as to preserve the historical character of the Owner Property and in order to accommodate the open space uses and parking necessary and appropriate for the completion of the Park Improvements consistent with the Park Improvement Plan. Owner shall perform all of its obligations hereunder and shall conduct all operations with respect to the construction of the Park Improvements in a good, workmanlike and commercially reasonable manner, with the standard of diligence and care normally employed by duly qualified persons utilizing commercially reasonable efforts in the performance of comparable work and in accordance with generally accepted practices appropriate to the activities undertaken. Upon substantial completion of the Park Improvements, City shall inspect and approve such improvements subject to a punch list itemizing any additional work which shall be reasonably required for final completion of such improvements. Owner shall use commercially reasonable efforts to comp...
Park Improvements. In consideration of the conveyance of the Property from the District, within two years of the Effective Date, the County shall undertake the construction of the Playground, public access to the Property and a parking area serving the Property, the design, materials, time, and manner of which shall be determined by the County acting in its sole discretion and in accordance with all applicable laws, rules, and regulations. The County will construct the Playground, related park and recreational facilities, access and parking area on the Property at its sole cost and expense, and the District will not be required to contribute funds to the construction of such improvements and facilities. Further, the County will assume full responsibility for operating and maintaining the Property, the Playground and any improvements or facilities on the Property from and after the Effective Date, and the District will have no obligation to operate or maintain the Property, the Playground or any improvements or facilities on the Property from and after the Effective Date.
Park Improvements. The City has heretofore established the Park. The City will coordinate with the Developer and the City’s Park Board and obtain public comment on the design of the Park Improvements and related infrastructure. In addition, the City will enter into discussions with Developer regarding the acquisition, from the Developer or other current owner, of the North 90 feet of Lot 125, on Xxxxxxx Avenue, in Greiffenstein’s Addition to Wichita, Sedgwick County, Kansas (the “City Acquired Property”) which would permit the expansion of the Park into such property. The acquisition of such City Acquired Property is subject to reaching a mutually agreeable price. It is anticipated that if acquisition occurs, the City arrange for demolition of any existing structures located on the City Acquired Property. It is contemplated that Developer or current owner of the South 30 feet of Lot 125, on Xxxxxxx Avenue, in Greiffenstein’s Addition to Wichita, Sedgwick County, Kansas (the “Developer Retained Property”) will retain the Developer Retained Property and will arrange for demolition of the structure located thereon. The Parties will work diligently with each other and the entities set forth in the prior paragraph to develop a description of the Park Improvements and related infrastructure, the Park site plan and schematics and budget. When completed, such documents shall be distributed to the Parties for insertion as Exhibits J and L. The Parties acknowledge that the main entrance to KHSC is contemplated by the Developer to be adjacent to a portion of the southern boundary of the Park. It is further contemplated that the Developer will construct, a portion of the entrance on the Developer Retained Property and a portico above the alley located between the Park and the KHSC entrance (the “Alley”). In order to facilitate such entrance, the City agrees to grant an access easement for access from East Xxxxxxx Avenue over and upon the Park for such access to the KHSC property in a form substantially set forth as Exhibit L-1 hereto and above the Alley to the KHSC property for such access in a form substantially set forth as Exhibit L-2 hereto. The Mayor and Clerk are authorized and directed to execute such access agreements with such changes as may be approved by the City Manager and the Developer and as to form by the City Attorney. The costs of demolition of structures on the Developer Retained Property and construction of the entrance components to the KHSC shall be borne by the De...
Park Improvements. Developer agrees and acknowledges it will provide City with a total monetary value of at least Three Million Five Hundred Thousand Dollars ($3,500,000) of Park Improvements and/or park benefits in accordance with the following:
Park Improvements. SHP hereby agrees to install the Waterfront Park and other park facilities shown on the Phase 1 Master Plan substantially at the location and with the configuration identified on the Phase 1 Master Plan. The installation of the Waterfront Park and other park facilities located on the Phase 1 Master Plan shall be consistent with the Phase 1 Master Plan and City building requirements.
Park Improvements. This portion of the Project is the construction of various park improvements, including nature trail development, park shelters, and water access infrastructure. Approximately $6,000,000 of the proceeds of the 2021 Bonds will be applied to this portion of the Project.
