Parkway a street abutting a park or greenway or creek.
Parkway. The MPRB will negotiate and enter into a memorandum of understanding to allow the City to construct one north-south vehicular circulation corridor that will include a City watermain and serve as both typical street access to development parcels and as “parkway” after conveyance of the Park Parcel and address the responsibilities and rights of each party with respect to the parkway. The parkway will be dedicated in the plat as shown on Exhibit A unless otherwise agreed to by the MPRB and the City. City and MPRB will coordinate on design and timing of construction of this corridor so that it meets both parties’ needs. • Specific areas addressed in the MOU will include: o Street design and construction, provided it is understood that MPRB will allow at a minimum two curb cuts from the Parkway, located between Parcel 1A and 1B and between Parcels 3 and 4. The City understands that the street is an important addition to the Grand Rounds and will generally follow parkway design and aesthetic guidelines. o Construction cost share and allocations o Street closures for events o Maintenance o Operations o Lighting o Utilities and access o Parking on Parkway and within park parking lot o Stormwater management o Watermain easement maintenance Time of closing: The date of closing could be set as early as 45 days following (i) the final plat approval of the Upper Harbor Terminal site, (ii) completion of the Park Demo and Grading Work and (iii) satisfaction of all conditions to closing, but no earlier than October 31, 2022 and subject to Unavoidable Delays, no later than November 1, 2024. Conditions precedent to closing: • City approval that MPRB plans include all of the minimum improvements. • MPRB demonstration of enough local funding to meet state bonding requirements and complete minimum improvements. A signed cooperative stormwater agreement and related easements that includes the City and the MPRB (at a minimum) and ideally, Mississippi Watershed Management Organization (“MWMO”) and the development team, to govern the joint development, management, operations and maintenance regarding stormwater for the Upper Harbor Terminal site consistent with the concepts described below. • Payment of all Park Demo and Grading Costs Price: Land will be conveyed in lieu of a cash payment for parkland dedication, recognizing that the value of the land exceeds any cash payment anticipated for parkland dedication for the project. The MPRB will be assuming all costs to maintain, repu...
Parkway. Parkway is a Virginia corporation, having its principal place of business in Floyd, Virginia.
Parkway. Portion of a public right-of-way located between the outermost curb-lane driving lane and the farthest edge of the right-of-way. Special Study Zone. The area delineated on the Xxxxxxx-Xxxxxx Special Studies Zones Map of the State Geologist, as adopted by the City.
