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0?/201199E. 09:~7 5032E94145 JUN-10-D8 OB:13A~ fRO~- RS CLEMENTS PAGE 63 503-221-1560 T-535 P.03/Ol F-303 ~ fivz-~ory effice buiidix~ will be locazed at the south end of the block. Approxiir~ately 90% of the office wi]1 bc occupied up~n camplecion. Tenarns witl includr Mazion Cow3ty, which will occupy agpro.~ci~r,ate}y 9g,036 rentable sc}uarc feet ("rsP'} of o$ice and Traruit, which will occupy spproxunately 24,3U6 rsfof offce/customer,ervice operations/retail space. Additionally, the owriers will share an approximateiy 5,29~ rsf canference center. It is anticipated that the building will also have approximately 13,633 rsf of speculative space ~t vviU evernual]y accommadate the County's long-term expansion need,. The Projecc will have a subsurface parkir:g icvc} tbat runs apprd~cirnately 93,272 gsf under the office bui~ciin~ and transit ma11. The patking Ievei wYI! contain 258 stalls which wiIi be sl~are by owners and fucure tcnsrtrs. The bus maU, sicirwalks and ather public areas around tke Project w~l have upgradcd finishes in the farm of pavers, covered wallcs, ben~hes anr} plsncers, The oPfce buitding wi~ be cony-tructed on an elevated slab. Con~mu.-~ian will be vf posc tensioned conczcu with a red brick e~eterior. Puached windows wiil run along ihe Ics~~rh of each building f~.ce with sorae featw~e bay wiudaws at che fronc and sidc cntrances. The P~ject cturemly refleGts a twQ-story lobby spsce, w~ich wili pzovide scparate acces~ to the public (transit) and privat~ {office) components of the deyelopment. The Own~r3 hav~ re~tainetl Ivielvin Mark Developmeni Cv, as dcv+~lopmcnt consuhant thongh pian deveiopn~nt and us coascruecion ma~ag~r durins the consiruction phsst. Financin~~ The proposad financing w~,i finance tt~ Caunry's poaion ofthe Projeet_ Transic's por~ion is fully fuiuied. T7ye County anticipates uzili2ing Crrtificatcs of ~articipation to financ;~ its poninn of the Project. The Cer[ifira~es of Par~icipation re~resent uridivided uneresc in the Coumy's obligaiion ro makc ptincipal and interest payments uader the Indenture and Lhe Financing Agreemeni. Thz Coun~y's Ubligation to n~slce such principal ar~d inTacst paytncnrs is Iimited to amannu du]y appropriaced each ~scal year hy the Counry Commission (rhat ss~ the obli~ation ~ subject w annuai appropriation). The Couniy's Qbligations under che Indrnrurc and Financiug A~raeanent are sccurcd hy s firsc asonga$e on thz Courny's conr3omini;un intezest zn the praject. Bond Counsel in this trsnssccion is Mr. Edward Einowski, Esq, of Stoel Rives> LLP flf Portlarsd, Orrgon Counhou~e Squar~ - Underwtirer RPp ?