Temporary Parking Use of Central Riverfront Park Sample Clauses

Temporary Parking Use of Central Riverfront Park. In each deed conveying to the City a portion of the Central Riverfront Park site other than the Phase 1 Park used by the County for parking, the County shall reserve a temporary easement (each, a “Temporary Easement”) to use such portion of the Central Riverfront Park for parking purposes until that date which is the later of (A) 14 days prior to the anticipated date of issuance of a notice to proceed for park construction on such portion of the Central Riverfront Park, as stated in a written notice from the City to the County, and (B) 45 days following receipt by the County of written notice from the City stating (x) the anticipated date of issuance of a notice to proceed and (y) the corresponding easement expiration date (each such later date being, a “Temporary Easement Expiration Date”). The County shall be entitled to the revenues from such parking. The terms of each Temporary Easement shall be mutually acceptable to the Public Parties, shall require that upon the applicable Temporary Easement Expiration Date, the applicable Temporary Easement shall automatically terminate without any further act of any party, and may include a County obligation, upon expiration of the applicable Temporary Easement, to execute a recordable instrument to confirm such expiration.
Sample 1
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Related to Temporary Parking Use of Central Riverfront Park

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