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Reso25 16366
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Reso25 16366
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Last modified
11/12/2025 9:42:19 AM
Creation date
11/12/2025 9:42:06 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
11/10/2025
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<br />Exhibit E <br />4918-4747-2756 v9 <br />ATTY/RESO.0112/CC RESO.0112/CC RESO APPROVING THIRD AMENDMENT TO MASTER PROJECT AGREEMENT (YMCA PROJECT) – EXHIBIT A <br />REV: 11-06-25 VR <br />Execution of Ground Lease Within 30 days after YMCA notification to City that all <br />conditions to execution of Ground Lease have been <br />satisfied, and no later than December 1, 2027 (“Outside <br />Conveyance Date”). <br />Commencement of construction of <br />Phase 2 Improvements <br />Within 60 days after execution of the Ground Lease <br />City to Complete Sewer Upgrade <br />Work, per Exhibit J <br />On or before completion of Phase 2 Improvements. <br />Each Party to complete their parking <br />responsibilities as set forth in Section <br />7.8 and Exhibit K. <br />On or before completion of Phase 2 Improvements. <br />Completion of Phase 2 Improvements Within 24 months after commencement of construction <br />of Phase 2 Improvements <br />Close of Escrow for City purchase of <br />Hudson Street Property <br />Within 45 business days after the issuance of a <br />certificate of occupancy (temporary or final) for the <br />New YMCA. <br /> <br /> <br />
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