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demoting of any person engaged in the construction work and shall direct its contractors and <br /> subcontractors to refrain from discrimination on such basis. <br /> 4.10 Certificate of Completion for Developer Improvements. <br /> Promptly after completion of construction of Developer Improvements in accordance <br /> with this Agreement, the Agency will issue an instrument so certifying (the "Certificate of <br /> Completion "). Such Certificate of Completion shall be conclusive determination that the <br /> construction of the Developer Improvements has been completed. Such Certificate of Completion <br /> shall be in such form as will enable it to be recorded among the official records of Alameda County. <br /> Such Certificate of Completion and determination shall not constitute evidence of compliance with or <br /> satisfaction of any obligation of Developer to any holder of a deed of trust securing money loaned to <br /> finance the Developer Improvements or any part thereof and shall not be deemed a notice of <br /> completion under the California Civil Code. In addition, the Certificate of Completion shall not <br /> excuse the Developer from funding a traffic signal at San Leandro Boulevard (which requirement <br /> shall survive close of escrow and development of the Property until provided) and performance of <br /> any executory duties under this Agreement, including without limitation covenants to operate the <br /> Developer Improvements, and covenants to maintain the Adjacent City Property. <br /> Within thirty (30) days after the Executive Director determines that construction of <br /> the Developer Improvements has been accomplished in conformity with this Agreement, the Agency <br /> will provide the Developer with a Certificate of Completion for the Developer Improvements. <br /> 4.11 Construction Bonds. <br /> Prior to the commencement of construction of the Developer Improvements, the <br /> Developer shall deliver to the Agency copies of any labor and material bonds, and performance <br /> bonds which may be required by Developer's lenders, or by City for construction of off -site <br /> improvements which bonds shall be issued by a reputable insurance company licensed to do business <br /> in California. Such bonds shall name the Agency as co- obligee. <br /> 4.12 Improvement and Maintenance of the Adjacent City Property. <br /> As a material inducement for the Agency to enter into this Agreement and but for <br /> which the Agency would not have entered into this Agreement, the Developer assumes the <br /> responsibility for the improvement, operation and maintenance of the Adjacent City Property. The <br /> ongoing character of the Developer's obligations with respect thereto is more particularly described <br /> below and is further set forth in the Agency Deed: <br /> (a) Installation of Improvements; Maintenance. Developer shall install <br /> on the Adjacent City Property the Adjacent City Property Improvements. Commencing as of its <br /> entry onto the Adjacent City Property and continuing until July 5, 2028 (the termination date of the • <br /> Redevelopment Plan), the Developer shall be responsible for maintenance of the Adjacent City <br /> Property, including without limitation, landscaping, sidewalks, watering, weeding, fertilizing, and <br /> other maintenance tasks as necessary to cause the Adjacent City Property to be maintained as a high - <br /> quality amenity that is comparable to the adjacent office buildings and plaza on the Property as <br /> required to be developed under this Agreement. <br /> 22 <br /> DOCSOC174604 I v4124258.0002 <br />