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<br /> <br /> <br /> <br />....-/ <br /> <br /> <br />, THIS AGR1mME.NT, as ~ day of~. <br />behveen the CITY OF ROSEVILLE, a municipal corporation dulylifganized <br />the Iawsc~th4!State of Minnesota (hereinafter "Qty"), and THE BQUlTABLE~I$>~::,~ <br />ASS~~'SOC'I:ETy THE UN1':r.ED STATES, a York",""" ,,", <br />(hereinafter "Equitable,? <br /> <br />WITNESSETH: <br /> <br /> <br />, WHEREAs, the Regional Transit Board (hereinafter "RTB") of the <br />Stat~ of :Minnesota has provided a grant of funds to the City for the purpose of <br />generally connecting the City to the regional transit system by establishing a public <br />transit hub at the Rbsedale Shopping Center (the City and the RTB having executed <br />" a grant agreement dated 3'ill0 ~-' , 191J; and <br /> <br />'WHEREAs, the City as a condition of the receipt of the subsidy for <br />,establishment of the transit hub is required to obtain a legally enforceable agreement <br />" 'that certain transit hub capital improvements will be made, the transit hub will be <br />available for public transit use, and sufficient parking area will be made available for <br />'.-.' park and ride activities: and <br /> <br /> <br />WHEREAS, both the City and Equitable intend that the transit hub and <br />park a.."\d ride facility be located on property currently known as the Rosedale <br />Shopping Center (herein~er "Rosed~~"); and ' <br /> <br />WHEREAS,. .it is the intention of the parties that this Agreement be <br />execUted describing the parties respective rights and responsibilities. <br /> <br />NOW, 1HEREFORE, the aty and Equitable agree as <br /> <br />ARTICLE r <br /> <br />CONSTRUCTION OF TRANSIT HUB IMPROVEMENTS <br /> <br />1.1. Definitions. <br /> <br />(a) 'Transit Hub Improvements," as used herein, shall mean and <br />include: <br /> <br />)- <br /> <br />(i) the concrete waitL"1.g area (the 'Waiting Area") for rubber- <br />tired public transit busses (the "Busses") in the location shown on the <br /> <br />.... <br />