80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J

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~c} pr'o~ide the Agency ~~itl~ ather assura~~ce ~~hieh the Agency deems, in its reasor7able disc~'etian, to be satisfaetar'y far` the payment of such lien or bonded stap notice and fay' the fill ar~d ca~~tinuous pratectiar~ of Agency fram tl~e effect of such lien ari bonded tap r~atice, ~3. ~eleasc of o~l~~~rrcfio~~ n~e~~a~~t~, Promptly aver' corr~pletiat~ of ai~~ Phase of tl~e Develaper ~~~pra~el~er~ts ire confarrnrty 4vrtl~ thls Agreement, the Agency shall f~#r'r~isl~ the De~Feloper ~~ith a "Release of ~anstr#uctian averlar~ts" far' such Phase, srrbtar~tiall~r ire the faun of A~tacl~tnent ~o. ~ lYereta which is irlcor'porated l~ereitl by reference, The Agency shall nat ur~reasanably ithhald any such Release of oi~str'r~ction a~enat~ts, Tl~e Release of ot~struct~on a~enarits shall be a eanclusive dete~'rninatrorr of satisfactory co~n~letia~~ of the applicable Phase of the Developer' Irnpra~'ernerlts and the Release of anstl'rretron a~erlai~ts shall sa state. Airy pa~~t~' then a~~riin ar' tl~er'eafter p~~rcl~asii~g, leasing ar ather~ise acq~rrr'irrg any ir~tet#est ire s~~cl~ Phase of t1~e bite shall not because of sucl~ o~~e~'ship, prr~'chse, le~.se or acquisitia~~} inerrr airy ablrgation or' liability ~~iader this Agreerner~t except for tl~ase car~tii~uiri co~ei~ai~ts as set fa~~h in Section ~a~ of this Agreeine~~t as they relate to such Phase, If ~l~e Aer~ey ~'e~uses a~' fails to ~'~rrt~ish a Release of o~st~~rrctia~~ ~ove~lants, after written request fi'ain tl~e De~elaper, the Agency shall} ~~itl~ir~ tl~iity ~3a~ days of ~rittel~ request tl~er`efaa#, pra~ide the De~elaper` ~~itl~ a ~z"itte~~ statemer~~ of the r+easons tl~e Agency ref~~sed or famed to frrri~ish such Release of or~sti'~~etion a~enants. The stafetnent shall also contain the Agency's opir~ia~~ of tl~e actio~~s tl~e De~relaper' inust tape to abtair~ s~iel~ Release of ~ot~struction ~o~et~ai~ts~ Yf tiae Aget~ey shall have failed to pra~ide st~cl~ era"itten statement ~vithir~ s~~ch thirty ~3~~ day periad, the »e~eloper4 shall ~{et~e~~ its request and if tl~e Agency fails to f~~rr~isl~ either such Release of ~or~structiar~ a~er~az~ts ari a ~~ritten statement of reasons that such Release of ot~structia~~ ~a~enants mill not be pro~i~led ~~itl~in air additial~al period of ten ~i~~ days after r'ene~val of the ~'e~uet by Developer, the De~relaper's canstructior~ eovenat~ts shall co~xcl~~sively be deemed satisfied ~~ith r'espcct to srrcl~ Phase as if the Agency had iss~red tl~e Release of Construction o~~enants, A Release of onstz'rretlor~ ~avetzants shall clot constitute e~~rdei~ce of cornpliance ~~~th ar sat~sfactlor~ of any obligation of the De~relope~' to at~y balder' of at~y ~nortage, or' arly rnsurea' of a mortgage securing rnoney laai~ed to fi~~a~~ce the Developer ~inpr'o~e~~ents, o~' any part thereof, Tire Release of otltrrrctrar~ a~enarits is not a notice of cainpletiai~ as ~'efer~'ed to in Section ~a9 aftl~e ~alifa~•x~ia i~il soda. 3~4, Agency I'irYancial Assis~ar~ce. ~~,1 ~ell~~' Lo~r~ Based an tl~ Budget, Agency hereby agrees to loam to the I)e~elaper', subject to tl~e ter+lns and conditions set for~l~ ~vitl~in this Agreeinent and tl~e documents and ir~str€unents execrited by the De~elaper its coi~i~ectian ~~ltl~ this transaction, the amount of Ten illior7, fight ~u~~d~'ed Tl~ousai~d I~allars ~ I ~,Sa~,00a} far Phase R~ 1 the "Phase R-1 Agency Laai~~'} and ~"oui' Nlillian, Seen Hundred e~ei~ty Thausarrd I~allar's ~4,?7~, aa~} far{ Phase R~~ ~tl~e "Plzase R- Agency Lawn"~ a~~d one ~illian~ Pipe Hundred Thousand ~]ollars ~ 1,5~a,a~~~ for' Phase ~ ~tl~e "Phase PS Agency Loan"~, The Abase R» 1 Agency Loan, the Phase R- Agency Loan, aid the Phase PS Agency Loan slrall be adjusted up~~ard andlor' do~~r~~~ard if and to tl~e extent the Fatal >~e~?elopment Costs set forth in fhe Revised Budget ~ar'ies frarr~ tl~e ~`atal De~elopn~ent fast set forth ire tl~e B~~det" Tl~e Phase R~ 1 ~a DCSa~ll~i~~b?3v~~1~~Q~7~-~~~~ ' 3