75A - CREVIER DEVELOPMENT AGMT. - Laserfiche WebLink

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(2) The Developer shall pay the following fees, charges and costs: (a) this DDA; (b) (c) (d) (e) and (f) Section 410. The premium for any title insurance policies as set forth in Section 408 of All escrow fees and recording fees; The Purchase Price; All notary fees; Any federal, state, county or city documentary stamps and transfer taxes; Any other fees, charges or costs relating to closing without limitation. Schedule of Convevance. Parcel A and Parcel B shall each be conveyed by the Agency to Developer in two (2) separate conveyances upon the completion of the following: (I) Issuance of a AL T A Title Insurance Policy to Developer. (2) Approval by the City of entitlements specified in Section 107 of this DDA. (3) Developer obtaining valid building pennits from the City for said Parcel(s) (4) Developer proving, to the satisfaction of the Executive Director of Agency, that Developer has obtained a construction loan and such other liquid funds necessary to start and effectuate construction of the Project on said Parcel(s). Prior to conveyance oftitle, Agency shall be obliged to provide Developer with a Right of Entry, for the purposes of conducting tests, studies and inspections, and for site preparation work including grading or utility relocation pursuant to a City issued valid grading pennit. Section 411. Agency's Conditions of Closing. Provided the failure of any such condition is not due to a failure by the AgIiIlcy te satisfy its obligations under this DDA, the Agency's obligation to proceed with the Closing for Parcel A and Parcel B is subject to each and all of the conditions precedent (I) through (7) inclusive, described below ("Agency's Conditions Precedent"), which are solely for the benefit of Agency, and which shall be fulfilled by the Developer, or knowingly waived by the Agency, within the time periods provided for herein: 15