Laserfiche WebLink
<br />-3- <br /> <br />" <br />() <br /> <br />Fl <br />.1 <br />,', <br /> <br />Dr <br />( '\; <br /> <br />merchandising, <br /> <br />and <br /> <br />storage <br /> <br />office <br /> <br />together <br /> <br />with <br /> <br />space, <br /> <br />parking facilities and related improvements on portions of <br /> <br />the Property not later than January 1, 1991. <br /> <br />Factory Stores <br /> <br />further <br /> <br />to <br /> <br />and <br /> <br />construct <br /> <br />complete <br /> <br />facilities <br /> <br />agrees <br /> <br />containing approximately 131,000 square feet of additional <br /> <br />retail merchandising storage, and office space, together with <br /> <br />parking facilities and related improvements on portions of <br /> <br />the <br /> <br />Property <br /> <br />later <br /> <br />not <br /> <br />than <br /> <br />January <br /> <br />I, <br /> <br />1992. <br /> <br />These <br /> <br />improvements will be constructed substantially in accordance <br /> <br />with the project renderings and drawings previously presented <br /> <br />to <br /> <br />the <br /> <br />terms <br /> <br />City <br /> <br />Council <br /> <br />of <br /> <br />the <br /> <br />City, <br /> <br />in <br /> <br />of <br /> <br />layout, <br /> <br />appearance, <br /> <br />and <br /> <br />otherwise <br /> <br />construction <br /> <br />materials, <br /> <br />unless <br /> <br />consented to by the City Council. <br /> <br />B. <br /> <br />Factory Stores <br /> <br />projects <br /> <br />that <br /> <br />its <br /> <br />tenants <br /> <br />will create and <br /> <br />maintain <br /> <br />total <br /> <br />of <br /> <br />least <br /> <br />233 <br /> <br />at <br /> <br />full-time <br /> <br />a <br /> <br />job <br /> <br />new <br /> <br />equivalents, <br /> <br />including <br /> <br />not <br /> <br />temporary <br /> <br />construction <br /> <br />jobs, <br /> <br />during calendar year 1991, at the facilities to be located on <br /> <br />the Property, to be filled by year-round employees. <br /> <br />Factory <br /> <br />Stores projects that at least 401 full-time job equivalents, <br /> <br />not including temporary construction jobs, will be maintained <br /> <br />by its tenants at the facilities located on the Property, <br /> <br />filled by year-round employees, during calendar years 1992, <br /> <br />1993, 1994 and 1995. <br /> <br />For the purpose of this Agreement, the <br /> <br />requirement for each "full-time job equivalent" shall be met <br /> <br />by a total of 2,000 hours worked by one or more persons <br /> <br />during a calendar year. <br />