12-19-2007 Council Agenda - Laserfiche WebLink

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Development Contract • Maintain all landscaped /grass area in a manner consistent with the District Council 82 facility located to the east of The Property. • Bring the existing pylon sign located at the northwest corner of the property into conformance with City codes related to signage. • Remove the three light standards and footings located on the north side of the parking lot located on the north of the building. • Improve the appearance of the entry door on the north side of the building to eliminate the view of insulation and other unsightly items. In doing so, ensure that building and fire code provisions are complied with relative to exiting. • Remove the panels located on the east side of the north entrance door and repaint the area to blend the color of the wall where the removal took place. • Remove or repair the chain link fence on the west side of the property. • Paint bollards protecting electrical transformer on the north side of the building. The most easterly bollard should be removed and reset prior to painting to straighten it. • Reconstruct parking lot on north east and north sides of building to comply with City codes, including necessary curbing, islands, and landscaping. • Re- establish landscaping along north portion of parking lot once reconstruction is completed. • Remove all outdoor storage from The Property and ensure that none is re- established. 14. Developer has represented the ability to borrow up to an additional $1,500,000 for exterior building improvements as evidenced by a letter from First American Bank dated December 3, 2007 and attached hereto as Exhibit A. The exterior building improvements shall be constructed in essentially the same manner and quality to yield a final product as depicted on Exhibit B attached hereto. Said improvements are to be undertaken once a lease agreement or 6