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C. Early Child Education Contribution. Developer shall contribute Seven <br />Hundred Fifty Thousand Dollars ($750,000), plus the product of $750,000 times the percentage <br />increase in CPI between the Effective Date and the date on which such payment is made, to the <br />Sequoia Branch of YMCA for early childhood education programs; facility and enrichment <br />support for preschool and drop in childcare; and financial assistance for afterschool and day <br />camp programs ("YMCA Contribution"). Developer shall provide evidence acceptable to City <br />that the YMCA Contribution has been made prior to the issuance of the first office building <br />permit for the Project. Such evidence may consist of a cancelled check and a letter from the <br />Sequoia Branch of the YMCA acknowledging payment has been made, or other evidence <br />reasonably acceptable to City. <br />Section 3.5 Transportation Improvements and Contributions. <br />A. US 101/SR 84 Interchange Public Benefit Contribution. Developer shall <br />pay to City One Million Dollars ($1,000,000), plus the product of $1,000,000 times the <br />percentage increase in CCI between the Effective Date and the date on which such payment is <br />made, which funds shall be utilized by City for the US 101/SR 84 interchange improvement <br />project ("US 101/SR 84 Interchange Public Benefit Contribution"). Developer shall make the <br />US 101/SR 84 Interchange Public Benefit Contribution to City prior to the issuance of the first <br />office building permit for the Project. The US 101/SR 84 Interchange Public Benefit <br />Contribution shall be in addition to the US 101/SR 84 Fair Share Contribution. <br />B. Alternative Transportation Contribution. Developer shall pay to City One <br />Hundred Thousand Dollars ($100,000), plus the product of $100,000 times the percentage <br />increase in CPI between the Effective Date and the date on which such payment is made, which <br />funds shall be utilized by City to support alternative transportation modes east of Highway 101 <br />including ferry terminal development and service ("Alternative Transportation <br />Contribution"). Developer shall make the Alternative Transportation Contribution to City prior <br />to the issuance of the first office building permit for the Project. <br />C. Blomquist Bridge Pro'ect Contribution. Developer shall pay to City Six <br />Million Five Hundred Thousand Dollars ($6,500,000) plus the product of $6,500,000 times the <br />percentage increase in CCI between the Effective Date and the date on which such payment is <br />made, which funds shall be utilized by City to fund Blomquist bridge related infrastructure <br />improvements, which may include installation of water lines under the proposed new bridge (the <br />`Blomquist Bridge Project Contribution"). Subject to the credits described in Section 6.4 <br />below, Developer shall make the Blomquist Bridge Project Contribution to City prior to the <br />issuance of the first office building permit for the Project. Payment of the Blomquist Bridge <br />Project Contribution shall be deemed to fully satisfy Developer's obligations under the FEIR <br />with respect to the East 101 fair share contribution. <br />D. Old Seaport Bicycle and Pedestrian Enhancements. Developer shall <br />construct enhanced improvements along the Project frontage at Old Seaport in the areas <br />described in Exhibit H, Old Seaport Scope of Work, attached hereto and incorporated herein by <br />reference ("Old Seaport Pedestrian and Bicycle Enhancements"). The community benefit of <br />the Old Seaport Pedestrian and Bicycle Enhancements are estimated as of the Effective Date to <br />have a value of Four Million Seven Hundred Thousand Dollars ($4,700,000). The Old Seaport <br />ATTY/AGR/2022.389/HARBOR VIEW PROJECT DEVELOPMENT AGREEMENT <br />REV: 10-28-2022 VR <br />II <br />