6A7 - Laserfiche WebLink

Home Browse Search

qualified local contractors and other related local labor during construction of the Project. Developer agrees to meet with the business agents of all skilled trade unions to give them the details of the Project prior to contracting for the completion of the Project. 4.6 Timeframe for Completion. Developer hereby agrees to reach Substantial Completion for development of the Project and any other obligations the Developer may have in conjunction and in accordance with this Agreement by the later of September 1, 2015 or twenty (20) months following Closing. 4.7 Reporting Obligations. (a) Upon the letting of contracts for substantial portions of the Project and again upon substantial completion of the Project, Developer hereby agrees to report to the Commission the number of local contractors and local laborers involved in the Project, the amount of bid awards for each contract related to the Project, and information regarding which contractor is awarded each contract with respect to the Project. (b) On or before April 15, June 30, September 30 and December 31 of each year until substantial completion of the Project, Developer shall submit to the Commission a report demonstrating Developer's good -faith compliance with the terms of this Agreement. This report shall include the following information and documents: (i) a status report of the construction completed to date, (ii) an update on the project schedule, and (iii) an itemized accounting generally identifying the Private Investment to date. (c) On or before April 15 of the year that is one year after substantial completion of the Project and on each April 15 thereafter until April 15 of the year which is five years after substantial completion of the Project, Developer shall submit to the City a report with the following information: (i) the number of jobs created as a result of the Project and wage and benefit information for the jobs created; and (ii) a detailed description of the of the job and wage details for the number of people employed by the Project. 4.8 Submission of Plans and Specifications. Developer has made the Site Plans, specifications and other planning materials of the Project available to the Commission as identified on Exhibit B attached hereto and incorporated herein. Subject to the terms and conditions of this Agreement, Developer shall construct, or cause to be constructed, the Project in substantial accordance with the Site Plans; provided, that, Developer, may make changes, supplements, deletions, additions and/or modifications to the Site Plans from time to time so long as Developer obtains the Commission's written consent in the event of any material change supplement, deletion, addition and/or modification to the Site Plans. Upon completion of plans and specifications for the Project, Developer shall deliver a complete set thereof to the Commission. To the extent that the Developer determines to construct covered parking on a portion of the Support Parcel to serve the LaSalle Property, the Developer shall provide plans and specifications to the Commission to obtain its written consent of such plans and specifications, which shall not be unreasonably withheld. -7- dms.us.52637413.08