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RecDoc2025-003096 Lane 1900 Broadway Owner LLC
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RecDoc2025-003096 Lane 1900 Broadway Owner LLC
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2/13/2025 4:01:36 PM
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1/23/2025 3:17:46 PM
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Recorded Docs - Type
Agreement
Subject
Development Agreement
Doc Num
2025-003096
Rec Date
1/23/2025
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Space prior to completion. Developer shall also provide adequate parking spaces for use of staff, <br />patrons or visitors using the Community Space to be detennined by the City. <br />D. Developer shall be responsible for maintaining the essential building <br />systems of the Community Space and Storage Space, such as heating, air conditioning, plumbing <br />or electrical. City or the City's designee shall be responsible for janitorial services and routine <br />maintenance of the Community Space and Storage Space. <br />E. The aforementioned terms and use of the Community Space and <br />Storage Space shall be memorialized in a lease agreement between the Parties, for a term of <br />twenty-five (25) years, which shall be in a form approved by the City Attorney and signed by the <br />City Manager ("Community Space and Storage Space Lease Agreement"). In order to mitigate <br />any potential interruptions with programming that may occur at the end of the twenty-five (25) <br />term, the City may request one (1) five (5) -year extension of the lease term, which approval shall <br />not be unreasonably withheld. Thereafter, the Community Space and Storage Space Lease <br />Agreement may be extended by mutual agreement by the Parties. <br />F. The Community Space and Storage Space Lease Agreement shall <br />be executed prior to the issuance of the first building permits (including grading permits) for the <br />Project. Amendments to the Community Space and Storage Space Lease Agreement shall be in <br />writing and the City Manager is authorized to make said amendments on behalf of the City. <br />Section 2.4 Public Plaza Area. <br />A. As designated in the Project Approvals, Developer agrees to design <br />and develop a minimum of a 12,085 square foot public plaza or open space at the comer of <br />Broadway and Main Streets on the Property ("Public Plaza Area") for use by the public as well <br />as by the City and City -approved community groups for events, which may include a temporary <br />ice skating rink during the winter holiday season. <br />B. Developer shall maintain ownership of the Public Plaza Area but <br />shall grant a public use easement for the public's use of the Public Plaza Area, to be recorded <br />against the Property ("Plaza Easement") in a form approved by the City Attorney. The <br />Developer and the City shall also enter into a license agreement for the life of the Project, which <br />allows the City and City -approved community groups to hold special events on the Public Plaza <br />Area, in a form approved by the City Attorney ("Plaza License Agreement"). <br />C. Developer agrees to keep the Public Plaza Area open and accessible <br />to the public during customary public access hours subject to compliance with applicable laws <br />and regulations and in accordance with reasonable rules governing the public's use of the Public <br />Plaza Area, and shall be responsible for all maintenance of the Public Plaza Area, including <br />landscaping and maintaining public furnishings in the space. City agrees to provide maintenance <br />and be responsible for any costs associated with City or City -sponsored events conducted in the <br />Public Plaza Area, <br />10 <br />ATTY/AGR/2024.193--GATEKEEPER DA -1900 BROADWAY <br />REV: 10-22-24 VR <br />
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