Design Standards and Cost for the YMCA Building Sample Clauses

Design Standards and Cost for the YMCA Building. The design standards used for the construction of the YMCA Building are the total responsibility of the YMCA. The YMCA Building shall be freestanding and shall be constructed with its own separate heating, ventilation and air-conditioning systems as well as its own utilities so as to be used and operated without reliance on any such facilities located in the New School Building. The New School Building shall be connected to the YMCA Building as set forth in the Plans and Specifications. The cost of the construction of the YMCA Building shall be shared between the YMCA and District 625 strictly in accordance with the terms of this Lease. Except in the case of changes to the approved Plans and Specifications made by the YMCA in accordance with Section 4.5 below, the YMCA shall be obligated to pay to District 625 as prepaid rent the sum of Five Million Six Hundred Seventy-three Thousand Seven Hundred Ninety-five and 00/100 Dollars ($5,673,795.00) (hereinafter referred to as the “YMCA Obligation”) which shall be used by District 625 for construction of the YMCA Building. District 625 shall be responsible for all other costs incurred in connection with the YMCA Building (hereinafter referred to as the “District 625 Obligation”).
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