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16. ' BFFJ3CTlVE DATB ANID THRM OF A()RH13MBNT Tlils Agreontent shall take offeot from fled aRor (ho dato of adoption and approval by the City and tM Agonoy pursuant to o1'flolal action oftitogoverning bodias thorcofand shall ho effeoilve wail oomplellon and noel }lance of iho Nextts•Improvomonts and Publicly - Owned Tinprovoments; IfClelteva Commons is approved by the City find Nexus is not, then Geneva Conunons shall take over Nablus' obligations to eonstniet a pwilon oftho Naxos Improvettiouts under this Agrcomcnt, buf shall bo requirrd to (1) meet iv d confor wlih Iho Agonoy aid Sandpointo, and using the order of tboNomm hnprovemonls speoilled In Exhibit o a guide, doslgnatewidol► of tl ►o Noxus Improvomculs shall bo coustwoled using Genova Commons twonty -fl ve percent (25 %) shara of [he csihmted cost of the Iotal Nexus I'n►provontcnts, And (ii) llto partlos agroo raid aoknowledge that all roioronoos lioroln to Noxus ohall'ba doomed to beroforeneus to Genova Conunons, TMoxus is approved and Goneva Commons Is not, then Noxu4, tho Agonoy and Sandpohito shall moot and confor In good faith, and using the order of theNoxus Improvomonts speolfled in Milblt. A ae a guldo, dosianote whioh of 1110 - Nexus Improvemenls AMU oortatwated using Noxus sovonty- ftvopereont (754/0) (limo of tllo estilimted cost of Illo lolal Nexus Tmprovottlonls, 17. COMMBNCBMBNT UATR For pm-poses of tads Agreonzont tho tom► °Conunencomont Uato" shall refor to the period alter issuance of City enfillomonts and shall be deemed to boa date ignely (90) days after the Issuance of ontitlotnonis to Nexus and Cerium Commons (whichever comes later), lice Conuitoucen►cnt Onto shaft be tolled should it valid reforondntn potllion be prosontcd ohallenglug oilhor project, or tin►oly tiligaHo►i be tiled and served ehallcnging any oftho entltlontents,)noluding approval pursuant to the Callfondn Bnvlrontnontal Quality Aar, 18, INTRORATION Tlds Agreement Integrates all of the terms rind conditions mentioned horein or iricfdontal harola, and supersedes all nogoliatlons or provious agroomont betwoon Ihopadlos with rospool to all or any the maltose addrossed haroln, All walvMrs of the provisions of this Agreement ►trust be In writing and sighed by the opproprlale. authorities of the parties, and all amendnionis hereto niusl be in willing and signed by Iho appropriate nuthorillos of the panics, 19, ASSIONM13NT Noxus and Geneva Commons shall have iho right to transfer or assign this Agrcomont, in whole, to any person, Wilily (public or private), partnenf 1p, johtt venture, firm or eorporatloa who is the ownar of the road property roforonced in tho Reoltol lierato at any [into during the tern of this Agroomont, provided, however, the rigltls of Noxus or Ceneva Commons under 11118 Agrcon►ont may not be transferred or ausigned unloss lire ►vritten consent of il►e City Counoll is first obtpined And ally tri ttsfor or assigiufrenl of tho rights under this Agreoment shall Inotudo lit BXHLBIT D prdlnanoo No. NS -2890 i t Page 40 of 61