Laserfiche WebLink
City -YMCA Master Project Agreement <br />• Defines project phasing and responsibilities of each <br />party/agreement terms <br />• Common area construction cost allocation <br />➢ Estimated 6.6M total ($3.3M split with YMCA) <br />• Basic common area maintenance and operating <br />principles <br />➢ YMCA to pay City $35,000/yr. <br />• Ground lease of the YMCA site <br />➢ $1 yr./49 yrs. <br />➢ YMCA pays for their facility (Phase II) <br />• Liquidated damages clause included 11, <br />21 of 25 <br />