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4.02 Construction Plans Must Be Approved. <br />Notwithstanding any other provision of this Agreement, the Developer shall not commence any <br />construction of the Improvements until it has first received the written approval by the Agency of the <br />Construction Plans as provided in Section 1.05 and 4.03 of this Agreement Any breach of this Section <br />shall afford the Agency its rights under Section 6.04 of this Agreement <br />4.03 Change in Construction Plans <br />If the Developer desires to make any material change in the Construction Plans which alters the <br />exterior appearance or exterior building materials, the Developer shall submit the proposed change to the <br />Agency for its approval. If not so approved, the previously approved Construction Plans shall continue to <br />control. Any proposed material change shall be approved or disapproved within fifteen (15) days of <br />submittal. A material change shall be defined as any single change greater than $15,000 or cumulative <br />changes greater than $50,000. <br />Any change in the Construction Plans required in order to comply with applicable codes shall be <br />deemed approved, so long as such changes do not substantially nor materially change the architecture, <br />design, function, use, or other amenities of the Improvements as shown on the latest approved <br />Construction Plans. <br />4.04 Completion of the Improvements <br />The Developer, for itself, its successors and assigns, hereby covenants and agrees diligently to <br />prosecute to completion the construction of the Improvements no later than twelve (12) months following <br />the date of commencement of construction of the Improvements. <br />4.05 Agency to Receive Copy of Construction Contract <br />Developer shall enter into contracts for the construction of the Improvements with contractors <br />licensed by the State of California. Copies of all contracts shall be tendered to the Agency for the sole and <br />limited purposes of determining that the amount of the cost of work has been clearly fixed and determined, <br />as herein provided, and that the covenants as to Equal Opportunity in Construction (Section 4.06 of this <br />Agreement) have been met Unless the Agency notifies the Developer in writing within fifteen (15) days of <br />submission of the contract that the contract has been disapproved it shall be deemed approved. <br />4.06 EqualOpportunity. <br />During the construction of the Improvements, Developer shall not discriminate on the basis of race, <br />religion, sex, or national origin in the hiring, firing, promoting or demoting of any person engaged in the <br />construction work and shall direct its contractors and subcontractors to refrain from discrimination on such <br />basis. <br />