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Agmt19 YMCA of Sillicon Valley Master Project Agmt.
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Agmt19 YMCA of Sillicon Valley Master Project Agmt.
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Last modified
3/29/2022 12:41:49 PM
Creation date
3/25/2022 1:07:48 PM
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Agreement
Contractor Name
YMCA of Sillicon Valley
PROJECT NAME
Purchase and Sale Agreement
RMP File Number
304.5
Date
3/18/2022
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1.7 Claims means any and all obligations, debts, covenants, conditions, representations, costs, <br />and liabilities and any and all demands, causes of action, and claims, of every type, kind, nature or <br />character, direct or indirect, known or unknown, absolute or contingent, determined or speculative, at <br />law, in equity or otherwise, including attorneys' fees and litigation and court costs. <br />1.8 Common Area Construction Costs means the costs of designing and constructing the <br />Common Area Improvements. <br />1.9 Common Area Construction Cost Allocation means the allocation of Common Area <br />Construction Costs between the City and YMCA -SV as set forth in Exhibit "C" to this Agreement and <br />incorporated herein by reference. <br />1.10 Common Area Improvements means those improvements shown on the <br />Conceptual Site Plan, as may be amended by the Final Approved Plans for the Project, including the <br />East Parking Lot, West Parking Lot, Drop-off Area, and Promenade. <br />1.11 Common Area Maintenance and Operating Agreements means the Agreements <br />between the City and YMCA -SV described in Section 5 ("Ground Lease of the YMCA Site") of this <br />Agreement. <br />1.12 Common Area Maintenance Costs means those costs to maintain the Common <br />Area Improvements, which shall be shared between the City and YMCA -SV as set forth in this <br />Agreement and the Ground Lease. <br />1.13 Due Diligence means all due diligence required by YMCA -SV with respect to the <br />YMCA Site as necessary in connection with potential development thereof as, and operation, financing <br />and other activities with respect to, the New YMCA including but not limited to, environmental <br />condition and compliances, soils and other physical condition, entitlement status and similar matters. <br />1.14 East Parking Lot has the meaning ascribed to it in the Recitals and as shown on <br />the Conceptual Site Plan, Exhibit B, as may be modified by the Final Approved Plans for the Project. <br />1.15 Environmental Law means any federal, state or local law, statute, or density <br />regulation pertaining to health, industrial hygiene or environmental conditions, including but not limited <br />to those regulating or involving Hazardous Substances. <br />1.16 Existing VMSC shall have the meaning as set forth in the Recitals of this <br />Agreement. <br />1.17 Final Approved Plans means the final building plans approved by the City for <br />each component of the Project. <br />1.18 Final EIR means the Final Environmental Impact Report prepared on the Project <br />in accordance with the requirements of the California Environmental Quality Act (Pub. Res. Code <br />§21000 et seq. and certified by Resolution No. 15813 on December 16, 2019 by the City Council of the <br />City. <br />ATTY/AGR/2019.316/YMCA MASTER PROJECT AGREEMENT <br />Page 3 of 108 <br />
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