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SEC. 7. <br /> <br /> (a) <br /> (b) <br /> (c) <br /> <br />SEC. 8. <br /> (a) <br /> <br /> PUBLIC AND PRIVATE FINANCING OF THE DEVELOPMENT - - - <br /> Redeveloper's Initial Advance of Funds ....... <br /> <br /> Redeveloper's Second Advance of Funds ...... <br /> <br /> Agency's Promissory Note as Security .for <br /> Redeveloper's Second Advance ...... <br /> <br />(d) Redeveloper's Third Advance of Funds .... <br /> <br />(e) Agency's Promissory Note as Security for <br /> Redeveloper's Third Advance .......... <br /> <br />(f) Payment of the Balance of the Purchase Price for <br /> the Phase II Parcel ................. <br /> <br />(g) Acquisition and Development of the Phase II <br /> Parcel in Increments by the Redeveloper ....... <br /> <br /> SPECIAL PROVISIONS ............. <br /> <br /> Execution of Contracts-Housing Assistance <br /> Payments ...................... <br /> <br />(b) Assignments, Transfers, Joint Ventures and <br /> Partnerships .................... <br /> <br />(c) Tax Exemption ................... <br />(d) Bodily Injury and Property Damage Insurance ..... <br />(e) Maintenance of Land Prior to Construction ...... <br />(f) Execution of Documents ............... <br />(g) Environmental Impact Report - - , ....... <br />(h) State and Local Labor Standards Provisions ..... <br />(i) Federal Labor Standards Provisions ..... ' <br /> <br />(j) Faithful Performance and Labor and Material(payments) <br /> Bonds ..................... <br /> <br />(k) Covenant to Hold the Phase I Parcel as One Parcel - - <br /> <br />(1) City and Other Governmental Agency Permits and Fees - <br /> <br />(m) Priority to Displaced Low and Moderate Income <br /> Persons and Families - - - = ............ <br /> <br />(n) Use for Low and Moderate Income Housing ....... <br /> <br />PAGE <br /> <br /> 12 <br /> <br /> 13 <br /> <br /> 13 <br /> <br />14 <br /> <br /> 15 ' <br /> <br />15 <br /> <br />18 <br /> <br />19 <br /> <br /> 2O <br /> <br />2O <br /> <br />20 <br /> <br />21 <br /> <br />21 <br /> <br />21 <br /> <br />21 <br /> <br />22 <br /> <br />22 <br /> <br />23 <br /> <br /> 3. <br /> <br />23 <br /> <br />23 <br /> <br />23 <br /> <br />24 <br /> <br />- ii - <br /> <br />MAR 18 <br /> <br /> <br />