Common use of Significant Project Features Clause in Contracts

Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City: (a) tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s tax; (b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station; (c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hotel has been tailored specifically for Santa Xxxxxx and is greatly enhanced in comparison with other Courtyard by Marriott Hotels. Moreover, also consistent with the XXXX, this Project is paired with a concurrent hotel project across the street at 000 Xxxxxxxx Xxxxxx at this gateway location. (d) providing new employment opportunities in the Hotel and Leasable Space; (e) providing the City with fee revenue for child care facilities; (f) providing the City with fee revenue for cultural arts; (g) providing the Santa Xxxxxx-Malibu Unified School District with fee revenue for capital improvements; (h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable; (i) construction jobs; (j) various standard public improvements and fees; and (k) trip reduction measures as required by SMMC Chapter

Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City: (a) increasing tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s user‟s tax; (b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station; (c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s City‟s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hampton Inn & Suites Hotel has been tailored specifically for Santa Xxxxxx and is greatly enhanced in comparison with other Courtyard by Marriott Hotels. Moreover, also consistent with the XXXX, this Project is paired with a concurrent hotel project across the street at 000 Xxxxxxxx 0000 Xxxxx Xxxxxx at this gateway location. (d) providing substantial new employment opportunities in the Hotel and Leasable Space; (e) providing the City with fee revenue for child care facilities; (f) providing the City with fee revenue for cultural arts; (g) providing the Santa Xxxxxx-Malibu Unified School District with fee revenue for capital improvements; (h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable; (i) construction jobs; (j) various standard public improvements and fees; and (k) trip reduction measures as required by SMMC Chapter

Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City: (a) tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s tax; (b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station; (c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hampton Inn & Suites Hotel has been tailored specifically for Santa Xxxxxx and is greatly enhanced in comparison with other Courtyard by Marriott HotelsHampton Inn & Suites facilities. Moreover, also consistent with the XXXX, this Project is paired with a concurrent hotel project across the street at 000 Xxxxxxxx 0000 Xxxxx Xxxxxx at this gateway location. (d) providing new employment opportunities in the Hotel and Leasable Space; (e) providing the City with fee revenue for child care facilities; (f) providing the City with fee revenue for cultural arts; (g) providing the Santa Xxxxxx-Malibu Unified School District with fee revenue for capital improvements; (h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable; (i) construction jobs; (j) various standard public improvements and fees; and (k) trip reduction measures as required by SMMC Chapter

Significant Project Features. Set forth below in this Section 2.7.1 are project features that will be provided to the City: (a) increasing tax revenues, including transient occupancy tax, sales tax, property tax, business license tax, parking tax, and utility user’s user‟s tax; (b) a desirable mix of uses within a new Building to be constructed in the Downtown immediately across the street from the Exposition Light Rail terminus station; (c) enhanced architecture -- including the qualities of the Building massing, materials, finishes and colors -- at an important gateway location to the City’s City‟s Downtown from the Fifth Street I-10 Freeway off-ramp and immediately across the street from the Exposition Light Rail terminus station. The architectural design of this Courtyard by Marriott Hotel has been tailored specifically for Santa Xxxxxx and is greatly enhanced in comparison with other Courtyard by Marriott Hotels. Moreover, also consistent with the XXXX, this Project is paired with a concurrent hotel project across the street at 000 Xxxxxxxx Xxxxxx at this gateway location. (d) providing substantial new employment opportunities in the Hotel and Leasable Space; (e) providing the City with fee revenue for child care facilities; (f) providing the City with fee revenue for cultural arts; (g) providing the Santa Xxxxxx-Malibu Unified School District with fee revenue for capital improvements; (h) installation of standard water and wastewater reduction fixtures within the Project as legally applicable; (i) construction jobs; (j) various standard public improvements and fees; and (k) trip reduction measures as required by SMMC Chapter