75A - CREVIER DEVELOPMENT AGMT. - Laserfiche WebLink

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Section 308. Cost of Construction The cost of developing the Property and of constructing all improvements thereon shall be borne by the Developer, except as otherwise expressly provided in this DDA. Should Developer demolish any structures on the Property, the Agency will credit the actual cost of such demolition (and disposal of demolition waste) ITom the Purchase Price established in Section 401 of this Agreement; provided, however that Developer shall pay "prevailing wage" as that term is defined in the California Labor Code for such demolition. The parties agree and acknowledge that the cost of demolition of structures on the Property would be a cost normally borne by the seller, in this case the Agency, since the Property is being purchased by Developer is valued as "raw land" pursuant to the Report prepared pursuant to Health & Safety Code section 33433, and that in any event such credit, even if it were deemed a subsidy to a private developer, is de minimis in the context of the project. Section 309. Commencement and Completion of Construction The Developer shall begin and complete all the required development within the times specified in the Schedule of Performance, subject to Force Majeure or such reasonable extensions of such times as may be granted in writing by the Agency's Executive Director. Section 310. Construction Supervision Developer shall assure that development on the Property is constructed in accordance with the following requirements: A. Developer shall contract with a general contractor, licensed as such by the State of California, for all such construction work. B. A project manager of Developer shall inspect the construction work at least once each month until such construction work is complete. A construction progress report shall be prepared by the Developer or general contractor or architect and approved by the Developer and delivered to the Agency's Executive Director at least once each month until such construction work is completed. Such inspection and report shall be limited to the Developer's compliance with this DDA to the extent that the requirements of this DDA exceed, or are in addition to, the normal requirements of the building and zoning codes ofthe City. C. Developer shall ensure that construction on the Property complies with all Governmental Requirements. -- Section 31 I. Antidiscrimination During Construction The Developer for itself and its successors and assignees agrees that in the construction of the improvements on the Property provided for in this DDA, the Developer will not 8