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TABLE OF CONTENTS <br /> Page <br /> ARTICLE ONE: DEVELOPER'S PRE - DISPOSITION REQUIREMENTS 6 <br /> 1.01 Pre- Disposition Conditions 6 <br /> 1.02 Approval of Development Plan 6 <br /> 1.03 Final Development Plan. 7 <br /> 1.04 Construction Plans 8 <br /> 1.05 Construction Financing Plan and Project Budget. 8 <br /> 1.06 City Approval; Other Approvals; Costs. 9 <br /> ARTICLE TWO: AGENCY PRE - DISPOSITION REQUIREMENTS 9 <br /> 2.01 Condition of Title. 9 <br /> ARTICLE THREE: DISPOSITION OF PROPERTY; AGENCY LOAN 11 <br /> 3.01 Sale and Purchase. 11 <br /> 3.02 Escrow 12 <br /> 3.03 Costs of Escrow and Closing 12 <br /> 3.04 Agency Loans. 12 <br /> 3.05 Repayment of Agency Loans 12 <br /> 3.06 Assumption of Agency Loans 13 <br /> 3.07 Disbursement of the Agency Loans. 13 <br /> 3.08 Developer Notes and Security for Agency Loans 13 <br /> 3.09 Subordination of Deeds of Trust. 14 <br /> 3.10 Condition of the Property. 14 <br /> 3.11 Conditions to Disbursement of Agency Loan Proceeds 16 <br /> 3.12 Agency Loan Provisions. 18 <br /> ARTICLE FOUR: CONSTRUCTION OF IMPROVEMENTS 19 <br /> 4.01 Construction Pursuant to Plans 19 <br /> 4.02 Construction Plans Must Be Approved. 19 <br /> 4.03 Additional Landscaping. 19 <br /> 4.04 Change in Construction Plans. 20 <br /> 4.05 Time for Construction and Completion of the Developer Improvements 20 <br /> 4.06 Operating Covenants 20 <br /> 4.07 Progress Reports. 21 <br /> 4.08 Agency to Receive Copy of Construction Contract. 21 <br /> 4.09 Equal Opportunity 21 <br /> 4.10 Certificate of Completion for Developer Improvements 22 <br /> 4.11 Construction Bonds. 22 <br /> 4.12 Improvement and Maintenance of the Adjacent City Property 22 <br /> 4.13 Compliance with Laws. 26 <br /> 4.14 Credit Upon Opening of Conforming Restaurant. 26 <br /> ARTICLE FIVE: CHANGES IN DEVELOPER 27 <br /> 5.01 Identity of Developer. 27 <br /> 5.02 Changes Only Pursuant To This Agreement 27 <br /> 5.03 Prohibition Against Transfer of Property and Assignment of Agreement 27 <br /> DOCS00746041 v4\24258.0002 <br />