Air Filtration Systems for Seven Properties on World Logistics Parkway and Dracaea Avenue Sample Clauses

Air Filtration Systems for Seven Properties on World Logistics Parkway and Dracaea Avenue. Notwithstanding the findings of the EIR, Owner agrees to fund the installation of air filtration systems meeting ASHRSE Standard 52.2 MERV-13 standards at the locations listed below, not to exceed $25,000 per property. Property owners shall be under no obligation to accept such offer. Prior to the issuance of the first grading permit within the WLCSP, Owner shall provide documentation to the City confirming that an offer has been extended to each of the owners of said properties, and $175,000 shall be deposited in a City account designated for this purpose and an agreement regarding the use and distribution of funds shall be executed between City and Owner. The affected property owners shall have two years from the receipt of the offer to accept the offer. Upon acceptance of each offer, Owner shall work with each owner to ensure the filtration system is properly installed within one year of acceptance. Owner shall invoice City for reimbursement of payments up to $25,000 per property. This provision applies only to the following seven houses: 00000 Xxxxx Xxxxxxxxx Xxxxxx Xxxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 000- 000-000 13100 World Logistics Xxxxxx Xxxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 000- 000-000 00000 Xxxxx Xxxxxxxxx Xxxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 422-070-032 00000 Xxxxx Xxxxxxxxx Xxxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 478-220-014 00000 Xxxxxxx Xxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 000-000-000 00000 Xxxxxxx Xxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 478-220-009 00000 Xxxxxxx Xxxxxx, Xxxxxx Xxxxxx, XX 00000 current APN: 000-000-000 ARTICLE 5 REVIEW FOR COMPLIANCE.
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