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TABLE OF CONTENTS Page <br />PART ONE: DEFINITIONS............................................................. 2 <br />PART TWO: THE DEVELOPMENT AND DISPOSITION ..................................... 4 <br />Article One: DEVELOPER'S PRE -DISPOSITION REQUIREMENTS ............................ 4 <br />1.01 Conditions Precedent .................................................... 4 <br />1.02 Approval of Development Plan ............................................. 4 <br />1.03 Construction Plans ...................................................... 5 <br />1.04 Identity of Dealership.................................................... 5 <br />Article Two: AGENCY PRE -DISPOSITION REQUIREMENTS ................................. 5 <br />2.01 Conditions Precedent .................................................... 5 <br />2.02 Parcel Map............................................................ 5 <br />2.03 Public Improvements..................................................... 6 <br />2.04 Approval of Development Plan, Title and Environmental Condition ................. 6 <br />Article Three: DISPOSITION OF PROPERTY .............................................. 7 <br />3.01 Sale and Purchase...................................................... 7 <br />3.02 Purchase Price......................................................... 7 <br />3.03 Payment of Purchase Price ............................................... 7 <br />3.04 Condition of Title ........................................................ 7 <br />3.05 Costs of Escrow and Closing .............................................. 8 <br />3.06 Possession and Environmental Remediation of the Yokota Property ............... 8 <br />3.07 Conditions to Closing ................................................... 10 <br />Article Four: <br />CONSTRUCTION OF IMPROVEMENTS ...................................... <br />11 <br />4.01 <br />City of San Leandro Approval ............................................. <br />11 <br />4.02 <br />Construction Pursuant to Plans ........................................... <br />12 <br />4.03 <br />Change in Construction Plans ............................................. <br />12 <br />4.04 <br />Construction Plans Must Be Approved . ..................................... <br />12 <br />4.05 <br />Building Permit........................................................ <br />12 <br />4.06 <br />Completion of the Improvements and Use of the Property ....................... <br />13 <br />4.07 <br />Progress Reports ...................................................... <br />14 <br />4.08 <br />Agency to Receive Copy of Construction Contract ............................. <br />14 <br />4.09 <br />Equal Opportunity...................................................... <br />14 <br />4.10 <br />Certificate of Completion for Improvements .................................. <br />15 <br />4.11 <br />Construction Bonds .................................................... <br />15 <br />4.12 <br />Prevailing Wages ...................................................... <br />15 <br />4.14 <br />DDA with Adjacent Developer ............................................ <br />15 <br />Article Five: CHANGES IN DEVELOPER ................................................. 16 <br />5.01 Identity of Developer .................."................................. 16 <br />5.02 Changes Only Pursuant To This Agreement ................................. 16 <br />