Transit-Only Lanes Sample Clauses

Transit-Only Lanes. The MMRP requires the Developer to pay the SFMTA the Developer’s fair share portion of the costs to design and construct one of the two travel lanes in each direction of the Xxxxx Avenue– Hunters Point Boulevard–Innes Avenue–Xxxxxxx Avenue corridor from a mixed-flow lane to a transit-only lane between the Xxxxxxxx Street/Xxxxx Avenue/Middle Point Road and Xxxxxxx Street/Xxxxxxxx Street intersections. The Developer has agreed that the SFMTA, in its sole discretion, may request and receive payment for the Developer’s fair share portion of these costs before the corresponding mitigation measure is triggered under the Environmental Impact Report. The SFMTA will provide a cost estimate for the Developer’s fair share of the design and construction costs of the transit only lanes, to be paid in full in advance of the design and implementation of the transit-only lanes. If the cost for the SFMTA to complete the transit-only lanes is less than the amount paid by the Developer, the SFMTA will refund the Developer the difference between the amount paid and the actual cost. Transportation Fee The Developer must pay a Transportation Fee to the SFMTA, as required of development projects under the City’s Planning Code. The SFMTA will expend the Transportion Fee in accordance with San Francisco Planning Code Section 411A.7 to address the impacts of development on the City's transportation system, including projects that expand the transportation system’s connectivity, reliability, and capacity. Because the Project’s initial applications were filed before new fees went into effect, the amount of the Transportation Fee was set at an interim rate between the previous, lower Transportation Impact Development Fee and the current, higher Transportation Sustainability Fee. The Transportation Fee will total approximately $10.8 million over the course of Project’s build-out. Infrastructure Plan The India Basin Infrastructure Plan is an Exhibit to the Development Agreement that defines the infrastructure improvements (also referred to as Horizontal Improvements in the Development Agreement) required to construct the India Basin Development Project (Project), and identifies the responsibilities of the City and the Developer for design, construction, and operation of the infrastructure, including elements of sustainability, environmental remediation, demolition, grading, street and transportation systems, open space and parks, low pressure potable water system, recycled non-potablewa...
Sample 1
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Transit-Only Lanes. In accordance with EIR Mitigation Measure M-C-TR-2, Developer shall pay to the SFMTA Developer’s fair share portion of the costs to design and construct one of the two travel lanes in each direction of the Xxxxx Avenue–Hunters Point Boulevard–Innes Avenue–Xxxxxxx Avenue corridor from a mixed-flow lane to a transit-only lane between the Xxxxxxxx Street/Xxxxx Avenue/Middle Point Road and Xxxxxxx Street/Xxxxxxxx Street intersections. Developer agrees the SFMTA may request Developer’s fair share portion before the time set forth in the Mitigation Schedule for EIR Mitigation Measure M-C-TR-2, when the SFMTA, in its sole discretion, determines the transit lanes are necessary to prevent the degradation of transit service and travel time along the corridor. The SFMTA will make this determination based on its monitoring of transit service and travel time along the corridor. Once the SFMTA makes this determination, the SFMTA will alert and invoice Developer an estimate of its fair share portion, determined in accordance with M-C-TR-2, and Developer shall pay this amount to the SFMTA within 30 days of receiving the invoice. Developer shall pay the SFMTA any additional funds required to cover Developer’s fair share portion, determined in accordance with M-C-TR-2, within 30 days of receiving the SFMTA’s invoice showing its final cost to design and construct the transit-only lanes. If Developer’s fair share portion of the cost to complete the transit-only lanes is less than the estimate initially paid by Developer, the SFMTA will refund Developer the difference.
Sample 1

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