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City -YMCA Master Project Agreement - <br />continued <br />• YMCA community benefits <br />➢ Special senior and veteran rates; free community <br />access days; Sharks Swim Team; access to scholarship <br />programs; volunteerism, and more <br />• City -YMCA operating program provisions <br />➢ Coordination/efficiency of community recreation <br />program offerings <br />• Purchase agreement for the current YMCA property <br />➢ City to acquire Hudson Street property $7.4M with <br />escalator clause <br />➢ Ownership transfer at time of YMCA occupancy at new <br />facility (5+ years) <br />➢ Opportunity to add affordable housing + amenities <br />➢ Robust community engagement process <br />22 of 25^�` <br />