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Section 2.02. Employment. In conjunction with the Project, the Owner will employ <br />approximately eight full -time and 19 -25 part-time employees with estimated wage rates as <br />follows: <br />a. Management: $45,000.00 average annual salary; <br />b. Cooks: $10.00- $15.00 per hour; <br />C. Hostess: $10.00412.00 per hour; and <br />d. Bartenders and Servers: $4.00 per hour plus gratuities. <br />PART 3. ECONOMIC DEVELOPMENT WAIVER PROVIDED BY THE CITY <br />Section 3.01. Waiver of Certain Land Development Code Requirements. As to the <br />Project, the City shall waive the waiting periods for sales of alcohol for on- premises <br />consumption of six months for sales of beer and wine and 12 months for sales of mixed <br />beverages under Section 4.3.4.2 (b) (8) of the LDC. <br />Section 3.02. Waivers Limited. The waivers granted in Section 3.01 are subject to all <br />other required approvals of the City under applicable ordinances, rules, regulations and <br />standards. Except as specifically granted, the City grants no other waivers of any requirements <br />under the LDC or its Code of Ordinances. The granting of the waivers through this Agreement is <br />not a guarantee, representation or indication by the City regarding the likelihood of approval of <br />any other applications, permits or requests related to the Project, including any application for a <br />conditional use permit related to sales of alcohol for on- premises consumption. <br />PART 4. DEFAULT AND TERMINATION <br />Section 4.01. Default and Termination. Until such time as the Owner has received all <br />lawfully and properly granted City of San Marcos approvals enabling it to serve beer, wine and <br />mixed beverages on the Property the City Manager may declare a default under this Agreement <br />and may terminate this Agreement if the Owner: <br />a. fails to commence and complete the Project within the time specified or <br />according to the specifications in Section 2.01; <br />b. made or makes any representation relied upon by the City in entering into <br />this Agreement or in any request or submission to the City relating to this Agreement or <br />the Project that is false or misleading in any material respect; <br />C. assigns this Agreement without the consent of the City; or <br />d. allows ad valorem taxes on the Property or other property in the City <br />owned by Owner to become delinquent. <br />2 <br />