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TABLE OF CONTENTS <br />Page <br />ARTICLE ONE: DEVELOPER'S PRE -DISPOSITION REQUIREMENTS ........................5 <br />1.01 <br />Pre -Disposition Conditions.............................................................................................5 <br />1.02 <br />Approval of Development Plan.......................................................................................5 <br />Construction Plans Must Be Approved.......................................................................11 <br />1.03 <br />Final Development Plan..................................................................................................5 <br />Additional Landscaping................................................................................................11 <br />1.04 <br />Construction Plans...........................................................................................................6 <br />Change in Construction Plans......................................................................................11 <br />1.05 <br />Construction Financing Plan and Project Budget........................................................7 <br />Time for Construction and Completion of the Phase 1 Improvements and <br />1.06 <br />City Approval; Other Approvals; Costs........................................................................8 <br />thePhase 2 Improvements............................................................................................11 <br />ARTICLE TWO: AGENCY PRE -DISPOSITION REQUIREMENTS...................................8 <br />4.06 <br />2.01 <br />Condition of Title.............................................................................................................8 <br />4.07 <br />ARTICLE THREE: DISPOSITION OF PROPERTY...................................................................9 <br />3.01 <br />Sale and Purchase............................................................................................................9 <br />3.02 <br />Escrow.............................................................................................................................10 <br />3.03 <br />Costs of Escrow and Closing.........................................................................................10 <br />ARTICLE FOUR: CONSTRUCTION OF IMPROVEMENTS...............................................10 <br />Construction Bonds.......................................................................................................14 <br />4.01 <br />Construction Pursuant to Plans....................................................................................10 <br />4.02 <br />Construction Plans Must Be Approved.......................................................................11 <br />4.03 <br />Additional Landscaping................................................................................................11 <br />4.04 <br />Change in Construction Plans......................................................................................11 <br />4.05 <br />Time for Construction and Completion of the Phase 1 Improvements and <br />thePhase 2 Improvements............................................................................................11 <br />4.06 <br />Operating Covenants.....................................................................................................12 <br />4.07 <br />Progress Reports............................................................................................................12 <br />4.08 <br />Agency to Receive Copy of Construction Contract....................................................13 <br />4.09 <br />Equal Opportunity.........................................................................................................13 <br />4.10 <br />Certificate of Completion for Phase 1 Improvements................................................13 <br />4.11 <br />Construction Bonds.......................................................................................................14 <br />4.12 <br />Improvement and Maintenance of the Adjacent City Property................................14 <br />4.13 <br />Compliance with Laws..................................................................................................18 <br />4.14 <br />Contingent Limitation Concerning Friends of the Creek..........................................18 <br />4.15 <br />Credit Upon Opening of Conforming Restaurant......................................................18 <br />ARTICLE FIVE: CHANGES IN DEVELOPER.....................................................................19 <br />5.01 Identity of Developer.....................................................................................................19 <br />5.02 Changes Only Pursuant To This Agreement...............................................................19 <br />5.03 Prohibition Against Transfer of Property and Assignment of Agreement...............19 <br />5.04 Exception to Prohibition Against Transfer.................................................................20 <br />DOCS00701700v6\24258.0001k. i k"� <br />