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~'r'~a~c~~~~ De~elaper shall l~a~e abtairled, and tl~e Agency shall <br /> l~a~e approved ~~idence of anstructio~7 Pir~ancing fol~ such Phase conslstel~t ~~~lth the approved <br /> B~ldel~ce of onstructlon Flnancing of the 1~evelaper Impro~errlents for st~ch Pl~asc as pra~ided <br /> in Section 1 arld tl~e financing far strcl~ Phase shall l~a~e closed and f <br /> ~~nde~ or~ be r;ead~ to <br /> close a~~d ful~d cancul•rel~t with the applicable closing, <br /> ~ ~'r~~ ~'o~rc~~~ Tl~e Title ~n~pal~y shall, lrpal~ pa~lnel~t of Title <br /> al~apan~~'s regularly scheduled prerniulrr, have agreed. to fssue tl~e Title Policy far; each Phase <br /> upon each closing, in accordal~ce ~~ith Section 2a~ <br /> ~~~~~~~~o~~t~~ert~~~, Tl~e De~elopc~i shall have approved tl~e <br /> ~nvironl~el~tal onditiol~ cftl~e pol`#iola ~fthe Site il~cluded ill the applicable Phase and slxall la0t <br /> ha~~e elected to cancel ~sclo al~d terminate this Al'eernel~t pur`strant to Section 2a~~ l~e~`eaf <br /> al~d tine Rel~~~dial fork cif required pursuant to that Sectiel~~ shall lime heels completed as <br /> pl`o~lded 17e1•ell~, <br /> ~h~ C'o~~c~p~r~a~ Sr~~ P~a~a ~r~~~ ~r~~ use ~~~~o~?ads, The Developer <br /> shall l~a~e abtalrYed lty and Agency ~~ecutive Dir+ecto~• apprio~al of oncepttral Site Plan al~d <br /> filial ol~structiol~ Dra~~il~gs fa~• all of the I)e~elaper Ir~pro~emel~ts ire st~cl~ Phase, ~11~ l~a~e <br /> obtailred all ~al~d use Appl•ovals necessary for tl~e develapl~lel~t of st~cl~ Pl~ase~ il~cluclil~, <br /> ~~ltllout lll~lltatlal~, ul~dlvlslon dap Act cornplla~~ce, any accessary zone change a~id~or approval <br /> of any 1'equlred dellsl~y bantls, c~nd ~111~ take sUCh actions a al'e llecessal'y to Insure that bulldll~g <br /> per'l~its fall tine deveioplr~eat of such Phase shall he issued eonct~r•rel~tly ~~itl~ tl~e oi~~eyance of <br /> tl~e portiol~ of the Site associated ~vitl~ such Phase, <br /> ~i~ Sons a~~c~ Ce~~oic~r~ C`o~c~i~~o~t, ]~e~elapel` shall nave approved <br /> the Site ~ol~drtlan ~~lth respect to such Phase in aeco~•dance ~~itll ecttan ~a~. ~ hereof, <br /> ~1 ~ e~o~c~~ior~, The Aer~c~f sl~ali nave relocated all tel~alits al~d other <br /> ll~l~abltal~ts oftlre portlo~~ ofti~e lte ol~ ~vhlcl~ slrch Phase is or ~~ill be located in accoldance ~~ith <br /> all existil~g federal, state and local ia~vsi <br /> ~k} Side I~~~p~~o~~e~~re~~~s. Tl~e por-tiol~ of the Site on ~~rhich such Phase is <br /> or~ ~~rill be located shall be free of all bite ~mpravelnel~ts~ <br /> {l} ~'~~~r~+o~~~~~~~~a~ Co~rdr~~~~~. The partlan of the Slte ol~ ~~rl~lcl~ st~cl~ <br /> Phase is ar ~~~ill be located shall be free of all ~Iazatdol~s N~aterials, including, ~litl~out lin~itatiol~, <br /> asbestos al~d leadwbased pant, all ill accordance with eetiol~ ~0~.7 below, and the De~elaper <br /> shall l~a~e received and a~pp~•a~ed the Abater~el~t Repast descl`ibed il~ Sectiol~ 2a6~? belo~~. <br /> ~rn~ ~o~~c~~~~o~t o'5~~~, The Agel~c~ shall be ur~cal~ditiol~ally calnrnitted <br /> to deliver {i} fee title to the pcrtiar~ of Site alp ~~~hicl~ such Phase is o~~ ~~ill be located in <br /> accordance with the regt~lrelnel~ts of tl~e Seap of I~e~elopment, and ~11~ possesslol~ of st~ch <br /> <br /> partlol~ of tl~e Slte are ~vhlcl~ such Phase rs ar• ~'~111 be located sr~bject to na r4lgl~ts of terlal~ts rrl <br /> i <br /> <br /> possession, <br /> ~rl} ~~trised ~trc~e~. Thy I~c~elaper has prepared and the Agency leas <br /> <br /> appro~cd the Revised Budget for the applicable Phase. <br /> 19 ~ <br /> <br />