Ancillary Development. Contemporaneously with this Developer Agreement, the Parties will enter into (or the Owner will cause the City to enter into) an ancillary development agreement, on the terms outlined on attached Schedule 7.1.4, in connection with ancillary development on City-owned property proximate to the Site and identified on Schedule 7.1.4.
Ancillary Development. Union Station MGM will lease approximately 44,000 sq. ft. at Union Station and also will invest $6,750,000 to build out and improve such facility. Alternatively, MGM may make annual payments of $500,000 to the Springfield Redevelopment Authority for a period of 15 years. DaVinci Park MGM will construct improvements at DaVinci Park. MGM will relocate the playground equipment located in the park to another location in the City. MGM will also maintain the park.
