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0,? ?alifar??ia ?rivzroxzn?ei??al uali#y Actf The Agency and the Developer <br />acl?na?vledge at?d a??ee that tl?e Agency is solely rieparrsible for' ??nder?taing to co??pletian, at its <br />sole cost and exper?se, arry env?ront?rerrtal studies and docutner?ts required pursuant to the <br />?allfor'rria l?nviron???ental duality Act ?"?A"?. Subject to a detex'n?inatior? by the parties ?? to <br />??hether or trot to proceed ?vitl? co??.plia??ce ?vlth 1JA, a?• tert?inate further efforts regardix?g tl?e <br />"Project" identified in srrcl? EA cornplia??ce, Agency shall d?rly file ?andlar shall ca??se pity to <br />duly file} ? Nance ofDeter'?rrinatiot? andlor Notice of ?xernptior? p?rrs?rant to tl?e ?'e?ui?'en?er?ts of <br />1?A ?vitl?it? five days after tl?e date of Agency and arty approval of this Agreerrre??t, Tl?e <br />Agency hereby agrees that, if any clraller?e to corr?pletia?? of the t'quireme??ts of 1?A delays <br />or pr'ol?ibits Develaper' frot?n initially applyir?g for fina??cit?g far Phase ?-1 or R-2 of tl?e Project <br />?lncl??dl?lg, ?vltl?oL?t l???l?tat?arl, a reservation of Tax redits} beyo??d February 1, ?at2, ar delays <br />prol?rbrts De?elope?" f?'om com?rrencit?g develapn?e??t ofPhase ?' beyond liebr?uary 1, 2U12, then <br />tl?e Developer shall be entitled to tertr?inate ti3is A?'eeznet?t as to thaw Phases for ??hicl? <br />f?rra??cing applicatiot?s or developrnex?t i preverltcd or delayed as set Earth herern arid, upon a??y <br />such ter'rr?it?ation, the Agency shall rei?xaburse Developer for' its Tl?trd Party Costs ??itliiri sixty <br />{??? days of s??br?lissro?i of docutrrentatrori to file Agency suppar'tiri such Tli?rd Patty Costs. <br />3U3,? ?o? ei•gei?? Cn or prior to December 31 ? X410 ??itli respect to Phase R_ 1 <br />acid on or' pz'xo?' to tine date ari which Develope?? apples far' Tax ??edtt ?vitli respect to Plisse ?-2, <br />file Ageriey shall cause a lot rilerger' p?u'st?ant to Santa Aria iVll???actpal Cade ectioris ?4-? <br />tl?roi?gh 3?-37"? or other ??bdivisior? dap Act co?rrpliat?ce so as to coriibitie all of tl?e applicable <br />parcels of file applicable Plrase into a single parcel. <br />0?, Sclze?lule of Perforlnaiice, The Developer shall corrrrnerice coristr«ctioti <br />purs??arit to validly issued building per'rnits ?vitl? respect to file Retitai Portion oftl?e Project on or <br />before thirty ?D} days aver tl?e Closing far file applicable Phase and shall complete cot?trr?ctiar? <br />of the Developer Itrrprovements for the applicable Please of tl?e ?en?al l?or'tiori of tl?e Project on <br />or' before twenty four ?Z?} ri?roritlis folo?ving carririlenceri?etit? for Phase P, grading oti all <br />portrons of Phase F ??T?11 cariiriletice ???tl?tn 0 days of the onveyat?ce of the first portion or <br />phase of Phase >? ?orast?•uction of the Develope?? ltr?proverilerits purs??ar?t to validly issued <br />building perriirts ?vrll comrr?ex?ce ?vlthln nrriety ?9?? days of Canveyarice of the first portfot? or <br />plisse of Phase PS, acid ?vitliiti 3? days after Conveyance of s??bse?rrerit portions or phases of <br />Phase 1?? o?r?pletion of all construction shall oeci?r' are ar before twenty-four' ?2?} rriontlis a?er4 <br />cotrrrilencenient of ?onstt`l?CtiDt] OIL tl?e first portlar? o?? phase ofPllase ?'„ <br />??. Dcvelopi?]erYf Obllgatiotls, <br />U?,1 Cosh of o?rsfructioii. All of the costs of tl?e plat?tiin, design, <br />developrnerit and construction of the Developer lrraproverrrerits shall be 1?o?'ne solely by file <br />Developer. <br />0?,? Public Art ?`ee, Developer will provide publrc art ova bite or iii file nearby <br />vicinity at cast of not less than axle-Half percent ???°I?} of the building permit valuatiar? far <br />Phases R? 1 at?d R- ?"Public Ar't A???ount'??. The Agency and ca?llriluriity organi?atio?xs <br />identified ley the 1?gerrey 4vill identify the lacatior? and the local a??tistie resources available to <br />provide such p??blrc ar't, rf and to the extent less tliari tl?e Public Art Amount is expended, this <br />difference ??ili be paid to tl?e Agency as a fee, <br />31 <br />DD?s?C11?1??67??1312???72.00? ?