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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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meetings and community benefits identified in Exhibit "H", YMCA -SV Community Benefits, <br />attached hereto. <br />1.30 Outside Conveyance Date means the date by which all conditions for the <br />conveyance of the leasehold interest to the YMCA Site have been satisfied and the Ground Lease is <br />executed by the Parties, as set forth in Section 5 ("Ground Lease of the YMCA Site") of this Agreement. <br />1.31 Phase I Improvements means the New VMB/SC, East Parking Lot, Promenade <br />and Traffic Improvements as shown on the Conceptual Site Plan, Exhibit B, as it may be modified by <br />the Final Approved Plans for the Project. <br />1.32 Phase 2 Improvements means the New YMCA, West Parking Lot and Drop-off <br />Area as shown on the Conceptual Site Plan, Exhibit B, as it may be modified by the Final Approved <br />Plans for the Project. <br />1.33 Project means the Phase 1 Improvements and the Phase 2 Improvements, <br />collectively. <br />1.34 Promenade has the meaning ascribed to it in the Recitals and as depicted in the <br />Conceptual Site Plan, Exhibit B, as may be amended by the Final Approved Plans for the Project. The <br />Promenade shall be for pedestrians and include landscaping and pedestrian amenities and provide a link <br />between the Phase 1 and Phase 2 development. <br />1.35 Project Site has the meaning ascribed to it in the Recitals to this Agreement. <br />1.36 Purchase Agreement shall mean the agreement between the Parties described in <br />Section 4.2 ("Phase 2 Improvements Financing") of this Agreement. <br />1.37 Related Parties means, with respect to any Party, the officers, directors, <br />shareholders, partners, members, employees, agents, attorneys, successors, personal representatives, <br />heirs, executors, or assigns of any such Party. <br />1.38 Schedule of Performance shall mean the Schedule of Performance, attached <br />hereto as Exhibit "E" and incorporated herein by reference, listing certain obligations of the Parties and <br />their time for performance. <br />1.39 Traffic Improvements means those improvements identified in Exhibit "F" <br />attached hereto and incorporated herein by reference to be constructed and installed by the City in <br />connection with the development of the Project. <br />1.40 West 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 amended by the Final Approved Plans for the Project. <br />1.41 YMCA Site shall mean the portion of the Project Site to be leased by YMCA -SV <br />from the City, as shown on the Conceptual Site Plan, as may be modified by the Final Approved Plans <br />for the Project. <br />ATTY/AGR/2019.316/YMCA MASTER PROJECT AGREEMENT <br />Page 5 of 108 <br />
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