My WebLink
|
Help
|
About
|
Sign Out
Home
pf_03632
Roseville
>
Planning Files
>
Old Numbering System (pre-2007)
>
PF3000 - PF3801
>
3600
>
pf_03632
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/17/2007 2:40:09 PM
Creation date
6/12/2006 2:40:27 PM
Metadata
Fields
Template:
Planning Files
Planning Files - Planning File #
3632
Planning Files - Type
Planning-Other
Project Name
Rosedale Center Transit Hub
Status
Non-Active
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
67
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br /> <br />Term. This shaH commence as of the date hereof and shall <br />continue for a period of twenty (20) term years commencing on the date notice is given <br />by Equitable to the RTB that the Transit Hub Improvements are substantially completed <br />pursuant to the materlal provisions of the approved plans and 5pe~catiOns for the Transit <br />Hub Improvements; subject, however, to earlier termination as herein provided. The <br />parties hereto agree to execute and deliver a , supplement hereto stating the begl1lning <br />and ending date of said twenty (20) term, year period determined as above provided, but <br />such period shall be determined as , above provided if such supplement is not executed <br />and delivered. 'For purposes hereof, a tern1 year shall mean each period beginning on the <br />commencement date of the 20-year term as determined above in this Section, or on an <br />anniversary of that commencement date, and ending on the day prior to the following <br />anniversary of that date. <br /> <br />3.3. Tennination. <br /> <br />(a) This Agreement may be terminated In its entirety, at any time, by the RTB; or <br />by the City, by written notice thereof to Equitable stating the date of termination, <br />which shall be not earlier than 30 days after the date of such notice. <br /> <br />(b) This Agreement may be terminated in its entirety, at any time, by Equitable, <br />by written notice thereof to the R TB stating therein the date of termination, which <br />shall be not earlier than 180 days after the date of such notice. <br /> <br />3.4. Relocation. Equitable may not, at any time, permanently relocate the Transit <br />Facilities, In whole or in part, except, however, for the Bus Route which may be <br />relocated at any time and from time to time, and either permanently or temporarily, by <br />Equitable by notice to the RTB, which notice shall state the effective date of such <br />relocation (and. if temporary, the duration of such relocation), which effective date shall <br />be not earlier than 60 days after the date of such notice. Such new bus route shall be the <br />Bus Route, as defined herein, after the effective date of such relocation. Any such <br />relocated bus route, however, shall go through the Walling Area and by the Parle: and <br />Ride Bus Shelter. If so relocated by Equitable, Equitable shall relocate all signs !tom the <br />prior bus route to the new bus route which relate to the Bus Route or Us use, Without <br />cost or charge to City or the RTB. <br /> <br />3.5. Reimbursement. If this Agreement is tenninated by Equitable pursuant to <br />Section 3.3, or If this Agreement Is tern1inated by City or RTB pursuant to paragraph <br />S.3(a}(ii} hereof, due to failure by Equitable to perform its obligations, then Equitable <br />shall pay to RTB an amount equal to the total cost paid by RTB or City to Equitable <br />pursuant hereto for the Transit Hub Improvements (which, in the "event of a relocation, <br />shall mean those which existed immediately prior to the then relocation, less, however, an <br />amount equal 10 1I20th of such total cost times the number of full term years (as defined <br />
The URL can be used to link to this page
Your browser does not support the video tag.