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<br />Commencement Date. <br /> <br />4. Nexus shall pay City for item no. 4 to Exhibit A not later than approval of the first [mal <br />map for the Nexus Project. The City shall follow the Neighborhood Traffic Management <br />Plan Policy adopted by the City Council. <br /> <br />5. Construction ofItem No.5 to Exhibit A shall conform to the following schedule: <br /> <br />a. The City shall provide Nexus with a preliminary estimate of this cost within thirty <br />(30) days of the Commencement Date. This preliminary estimate shall be updated, if <br />necessary, upon the City's receipt of Nexus application to final any portion of its <br />tentative tract map. Said estimate shall be conclusive. <br /> <br />b. Nexus shall pay the City the estimated cost of this item not later than approval of <br />the first [mal map for the Nexus Project. <br /> <br />c. The City shaH complete construction of this item prior to the first certificate of <br />occupancy for the Nexus Project. <br /> <br />Any deadline pursuant to this Exhibit C may be extended by mutual written agreement of Nexus <br />and the City Manager or designee. . <br /> <br />19 <br /> <br />Ordinance NS-2691 <br />Page 57 of 73 <br />