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TABLE OF CONTENTS <br />Page <br />100. DEFINITIONS .................................................................................................................3 <br />200. CONVEYANCE OF THE SITE ....................................................................................12 <br />201. Conveyance of the Site and Escrow; Consideration ..........................................12 <br />201.1 Costs of Escrow ..................................................................................13 <br />201.2 Escrow Instructions ............................................................................13 <br />201.3 Authority of Escrow Agent ................................................................13 <br /> 201.4 Closing ............................................................................................... 14 <br /> 201.5 Closing Procedure .............................................................................. 15 <br />202. Review of Title .................................................................................................. 15 <br />203. Title Insurance ................................................................................................... 16 <br />204. Conditions of Closing ........................................................................................ 17 <br /> 204.1 Agency's Conditions of Closing ........................................................ 17 <br /> 204.2 Developer's Conditions of Closing .................................................... 18 <br />205. Representations and Warranties ......................................................................... 20 <br /> 205.1 Agency Representations ........................... ................ 20 <br /> 205.2 Developer's Representations .............................................................. 21 <br />206. Condition of the Site ......................................................................................... 22 <br /> 206.1 Investigation of Site ........................................................................... 22 <br /> 206.2 Studies and Reports ............................................................................ 23 <br /> 206.3 Remediation After Developer Elects To Terminate ........................... 23 <br /> 206.4 No Warranties As To Site; Release of Agency .................................. 25 <br /> 206.5 Developer Precautions After Closing ................................................. 26 <br /> 206.6 Required Disclosures After Closing ................................................... 26 <br /> 206.7 Abatement Report .............................................................................. 27 <br /> 206.8 Developer Site Condition Indemnity ..................................................27 <br /> 206.9 Agency Environmental Indemnity .....................................................28 <br />207. Agency Acquisition of Additional Properties ....................................................28 <br />208. Agency Acquisition of the Segura Parcels .........................................................28 <br />209. Separate Phases ..................................................................................................29 <br />210. Timing of Agency Obligations ......................................................................29 <br />300. DEVELOPMENT OF THE PROJECT .........................................................................29 <br />301. Developer's Obligation to Construct Developer Improvements; Scope of <br /> Development ...................................................................................................... 29 <br />302. Design Review ................................................................................................... 29 <br /> 302.1 Conceptual Site Plan .......................................................................... 29 <br /> 302.2 Revisions ............................................................................................30 <br /> 302.3 Defects in Plans .................................................................................30 <br /> 302.4 Use of Architectural Plans ..................................................................30 <br /> 302.5 Agency Executive Director Approval ................................................30 <br />303. Land Use Approvals ..........................................................................................30 <br /> 303.1 California Environmental Quality Act ...............................................31 <br /> 303.2 Lot Merger ........................................................................................31 <br />304. Time for Commencement and Completion of Construction .............................. 31 <br />305. Development Obligations .................................................................................. 32 <br />DOCSOC/ 1400673 v 141200272-0001