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Agmt86 DDA Campeua, Centrum III Associates, Oracle Real Estate Corp
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Agmt86 DDA Campeua, Centrum III Associates, Oracle Real Estate Corp
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Last modified
4/1/2015 11:03:49 AM
Creation date
4/1/2015 10:37:27 AM
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Agreement
Contractor Name
Campeau Corporation California, Centrum III Associates, Oracle Real Estate Corp
PROJECT NAME
DDA
Date
8/6/1986
Reso Ref
12806
Amendment
Yes
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gWC : sh 1 / 13 / 86 <br /> WC : sh 1 / 14 / 86R <br /> SWC : sh 3 / 03 / 86R <br /> SWC : sh 3 / 13 / 86R <br /> SWC : sh 5 / 06 / 86R <br /> SWC : sh 5 / 19 / 86RR <br /> such non- scheduled increase is recommended by the <br /> Committee to the City Council for adoption . <br /> ( 3 ) For purposes of clarification only , and subject to <br /> actual approved plans and building permit applications , <br /> the current estimate for the fees payable pursuant to this <br /> paragraph 9 , based upon Developer ' s estimated construction <br /> schedule as of the date of this Agreement , is as follows : <br /> FACILITIES FEE BASED ON E . D . U . <br /> 1986 206 , 000 S . F . 103 EDU $ 3 , 500 / EDU $ 360 , 500 <br /> 1987 150 , 000 S . F . 75 EDU 4 , 000 /EDU 300 , 000 <br /> 1988 245 , 000 S . F . 122 . 5 EDU 4 , 500 /EDU 551 , 250 <br /> 1988 (HOTEL ) 250 , 000 S . F . 125 EDU 4 , 500 /EDU 562 , 500 <br /> OD <br /> 1989 295 , 000 S . F . 147 . 5 EDU 5 , 000 /EDU 737 , 500 ) <br /> 1991 354 , 000 S . F . 177 EDU 6 , 000 / EDU 1 , 062 , 000 rA <br /> 1 , 500 , 000 S . F . TOTAL $ 3 , 573 , 750 O <br /> (b ) Credits for Construction of Public Facilities . <br /> The following projects which Developer is required to <br /> construct pursuant to various development approvals for the <br /> Project shall be considered Facilities for the purpose of <br /> District financing , and City shall give to Developer <br /> credits , in the amounts hereinafter set forth , against the <br /> payment of facilities fees . <br /> The Facilities and the amounts to be credited , are as <br /> follows : <br /> Project Maximum Credit <br /> ( 1 ) Exterior levee system $ 173 , 000 <br /> ( 2 ) Signalization 160 , 000 <br /> 12 <br />
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