Perimeter Roadway Sample Clauses

Perimeter Roadway. During the course of local negotiations there was discussion regarding the upkeep of the perimeter plant roadway. This will confirm the Company’s intention to make every reasonable effort to maintain the roadway in an acceptable condition. The Company Safety Engineer and the UAW Health and Safety Representative will conduct periodic audits of the roadway and forward their observations to the Plant Engineering Department.
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Perimeter Roadway. Owner shall dedicate, by final plat, (i) a fifty-five and one-half (55.5) foot wide public right of way along the boundary of the Property (“Perimeter Roadway”); and (ii) the width of right of way necessary to total forty (40) feet from the center line of Lovers Lane along Lovers Lane adjacent to the Property, as depicted in Exhibit “G” (collectively, “Dedicated ROW”). Owner shall construct, at Owner’s sole expense, the northern portion of the Perimeter Roadway running from Lovers Lane parallel to Margies Way as a Local Collector: Rural Street (such portion being shown on Exhibit “G” as “Segment 1”). Owner shall pay fee-in-lieu in the amount of $250,000 to the City Transportation Fund (“Segment 2 Monetary Obligation”) for construction of two lanes of the southern portion of the Perimeter Roadway running from Margies Way to El Camino River Road (such portion being shown on Exhibit “G” as “Segment 2”), which is an amount roughly proportional to the ten percent (10%) of traffic impact identified in the Traffic Impact Analysis by BGE, Inc. dated February 2022 (“TIA”). The Segment 2 Monetary Obligation shall be re-calculated at the time Segment 2 is constructed to accurately determine the roughly proportional obligation of Owner at ten percent (10%) of two lanes of Segment 2 as a multi-modal arterial; however, in no event shall the Segment 2 Monetary Obligation exceed $350,000. The re-calculation may only occur once, and Owner shall be obligated to pay any additional Segment 2 Monetary Obligation to the City Transportation Fund immediately following notification from the City of an increase in the amount. The Segment 2 Monetary Obligation shall be satisfied in phased, periodic payments with the amount paid in full no later than January 1, 2032, and with the specific terms, conditions, and other provisions related to timing of the payments negotiated and executed as a separate infrastructure agreement. Notwithstanding the forgoing, the Segment 2 Monetary Obligation shall not include any costs associated with a bridge over the Colorado River or any roadway or other infrastructure associated with such bridge, provided that that the project developed on the Property is substantially similar to that depicted on the Concept Plan. Primary access points shall be on Lovers Lane as shown on the Concept Plan. Once Segment 1 of the Perimeter Roadway is constructed, any primary access points supplemental to those on Lovers Lane shall be taken from the Perimeter Roadway. Own...
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Related to Perimeter Roadway

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