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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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Last modified
2/13/2025 4:01:36 PM
Creation date
1/23/2025 3:17:46 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Development Agreement
Doc Num
2025-003096
Rec Date
1/23/2025
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TABLE OF CONTENTS <br />Page <br />ARTICLE 1. GENERAL PROVISIONS.................................................................................... 7 <br />Section 1.1 <br />Property Subject to the Agreement............................................................. <br />7 <br />ARTICLE 2. COMMUNITY BENEFITS.................................................................................. <br />7 <br />Section 2.1 <br />Community Benefits Obligations............................................................... <br />7 <br />Section 2.2 <br />Affordable Housing.................................................................................... <br />7 <br />Section 2.3 <br />Community Space and Storage Space ........................................................ <br />9 <br />Section 2.4 <br />Public Plaza Area...................................................................................... <br />10 <br />Section 2.5 <br />Developer's Voluntary Financial Contributions ....................................... <br />I 1 <br />Section 2.6 <br />Shared Parking Covenant.......................................................................... <br />11 <br />Section 2.7 <br />Subdivision Improvement Agreement...................................................... <br />12 <br />Section 2.8 <br />Other Offered Public Improvements......................................................... <br />12 <br />Section 29 <br />Sales Tax Point of Sale Designation......................................................... <br />13 <br />Section 2.10 <br />Union Labor.............................................................................................. <br />13 <br />Section 2.11 <br />Local Vendor Preference.......................................................................... <br />13 <br />ARTICLE 3. EFFECTIVE DATE AND TERM...................................................................... <br />14 <br />Section 3.1 <br />Effective Date........................................................................................... <br />14 <br />Section3.2 <br />Term.......................................................................................................... <br />14 <br />Section 3.3 <br />City Representations and Warranties ...................... <br />Section 3.4 <br />Developer Representations and Warranties .............................................. <br />16 <br />ARTICLE 4. DEVELOPMENT OF PROPERTY.................................................................. <br />17 <br />Section 4.1 <br />Definitions................................................................................................. <br />17 <br />Section 4.2 <br />Vested Rights of Developer...................................................................... <br />18 <br />Section 4.3 <br />Reservations of City Authority................................................................. <br />18 <br />Section 4.4 <br />Regulation by Other Public Agencies....................................................... <br />19 <br />Section 4.5 <br />Life of Project Approvals; VTPM Conflicts ............................................. <br />19 <br />Section 4.6 <br />Initiatives................................................................................................... <br />19 <br />Section 4.7 <br />Timing of Development............................................................................ <br />20 <br />Section 4.8 <br />Changes in the Law................................................................................... <br />20 <br />Section 4.9 <br />Sanitary Sewer and Potable Water Capacity ............................................ <br />21 <br />Section 4.10 <br />Conditions of Subsequent Approvals ........................................... <br />8 <br />ATTY/AGR/2024.193 - GATEKEEPER DA -1900 BROADWAY <br />REV: 10-22-24 VR <br />
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