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provided, however that the fee maybe increased to $10,568.00 per unit if the Owner does not <br />Commence Construction (as that term is defined in Section 5.2.1) during the Initial Term. This <br />in-lieu park fee shall be paid at the same time as those fees the payment of which is currently <br />deferred by the City pursuant to City Ordinance No. NS-2775, or any extension thereto. <br />5.6 Compliance With Governmental Requirements. Owner shall carry out <br />the design, construction, and operation of the Sky Lofts Project in substantial conformity with all <br />applicable laws, ordinances, statutes, codes, rules, regulations, orders, and decrees of the United <br />States, the State of California, the County of Orange, the City, or any other political subdivision <br />in which the Sky Loft Property is located, and of any other political subdivision, agency, or <br />instrumentality exercising jurisdiction over the City, the Owner or the Sky Lofts Property, <br />including all applicable federal, state, and local occupation, safety and health laws, rules, <br />regulations and standards, applicable state and labor standards, applicable prevailing wage <br />requirements, the City zoning and development standards, City permits and approvals, building, <br />plumbing, mechanical and electrical codes, as they apply to the Sky Lofts Property and the Sky <br />Lofts Project, and all other provisions of the City and its Municipal Code (as they apply to the <br />Sky Lofts Property and the Sky Lofts Project), and all applicable disabled and handicapped <br />access requirements, including, without the limitation, the Americans With Disability Act, <br />42 U.S.C. § 12101 et seq., Government Code § 4450 et seq., and the Unruh Civil Rights Act, <br />Civil Code § 51 et seq. (collectively "Governmental Requirements"). <br />5.7 Covenants, Conditions, and Restrictions. Covenants, Conditions, and <br />Restrictions (CC&R's) must be provided and approved by the Executive Director for the project <br />prior to the issuance of the first building permit. Such CC&R's must contain at a minimum, the <br />following: <br />(1) Repair of perimeter walls will be specified in the CC&R's in the <br />event of damage. <br />(2) The CC&R's shall provide notice to prospective owners of the <br />urban character of the City and this area, including but not limited to the <br />permitted uses of the property and buildings in the immediate area of the <br />development (e.g.., Main Place Regional Shopping Mall, and surrounding <br />property within SD-59 zoned and/or devoted to commercial use), and the <br />regional and local street grid adjacent to the Sky Lofts Project (e.g., SR-22, <br />I-5, SR-57, Main Street, Town & Country Drive), and shall provide a <br />release of all claims against the City which may arise from or relate to the <br />disclosed matters. <br />(3) The CC&R's shall reflect that balconies may not be used for <br />storage. <br />(4) Terms and Content: <br />CC&R's are to be in effect for at least 66 years. <br />75A-193 <br />