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Agmt04 BHV Innisfree - On Broadway RWC Parking Facilities Agmt
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Agmt04 BHV Innisfree - On Broadway RWC Parking Facilities Agmt
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Last modified
10/16/2025 3:52:53 PM
Creation date
7/13/2004 8:43:24 AM
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Template:
Agreement
Contractor Name
BHV Innisfree
PROJECT NAME
On Broadway Investors LLC Parking facilities Agreement
RMP File Number
100 bin 24 Now 405
Date
7/12/2004
MO Ref
04-122 RD-0410. MO 07-012, 07-150,
Amendment
Yes
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<br />B. Parking Rates for Peak Periods. <br /> <br />Subject to Sections III-C, III-D and III-E below, the hourly rate for use of the Marshall <br />Street Garage shall be at least five dollars ($5.00) per hour from 5 p.m. until closing <br />Monday through Friday and all day on weekends and holidays (collectively, "Marshall <br />Street Garage Peak Periods"), provided that the such five dollar ($5.00) per hour <br />minimum charge shall be adjusted, by $0.50 increments, to compensate for adjustments <br />in the CPI, as more particularly described on Schedule I. <br /> <br />C. Parking for Cinema Patrons. <br /> <br />During the Marshall Street Garage Peak Periods Cinema patrons presenting validation <br />shall be entitled to receive free parking in the Marshall Street Garage for a period not to <br />exceed four (4) hours prior to presentation of such validation form. <br /> <br />D. Parking for Patrons of Other Proiect Businesses. <br /> <br />During the Marshall Street Garage Peak Periods patrons of other project businesses <br />presenting validation shall be.entitled to receive free parking in the Marshall Street <br />Garage for a period not to exceed two (2) hours prior to presentation of such validation <br />form. <br /> <br />E. Parking for Patrons of Other Businesses. <br /> <br />Patrons of other businesses presenting validation may receive free parking in the <br />Marshall Street Garage for a period not to exceed two (2) hours prior to presentation of <br />such validation form during Marshall Street Garage Peak Periods. <br /> <br />F. Parking Operations during Non-Peak Periods; Permit Parking <br /> <br />The City may, in its sole discretion, operate the Marshall Street Garage for periods other <br />than Marshall Street Garage Peak Periods. Notwithstanding anything to the contrary <br />contained in this Section III, the City may continue to operate monthly permit parking in <br />the Marshall Street Garage as such monthly permit parking is operated as of the date <br />hereof, and holders of valid City parking permits shall continue to be able to use the <br />Marshall Street Garage in accordance with the terms thereof, provided that the area <br />available for permit parking shall be limited to the areas on the second floor and above <br />that were designated for use by holders of monthly parking permits as of November, <br />2002, and provided further that such area shall be opened for public parking in <br />accordance with the terms and conditions of this Section III during the Marshall Street <br />Garage Peak Periods. <br /> <br />Atty/Agr/Agr.194 <br />062404 <br /> <br />7 <br />
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