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• <br /> A Phase I Environmental Assessment for 1152 Marina Boulevard has been <br /> completed and determined that no further action is necessary. <br /> • Obtaining a letter of case closure, or such other documentation as is <br /> reasonably acceptable to Developer's construction lender, from the Regional Water <br /> Quality Control Board for 1066 -1072 Marina Boulevard shall constitute satisfaction <br /> of the contingency of this Section 2.03. <br /> 2.04 Conditions of Title. <br /> (a) As soon as reasonably possible following the date of this <br /> Agreement, Agency shall deliver or cause to be delivered to Developer the following <br /> items: <br /> (i) Title Report. A proforma ALTA title report (the "Title <br /> • Report") for the Property issued by Placer Tide Company <br /> (the 'Title Company ") showinghow title to the Property <br /> will appear upon conveyance to Developer, assuming <br /> recordation of all documents in form tendered by Agency <br /> to Title Company in order to meet the title conditions <br /> • provided in this Agreement; <br /> (ii) Underlying Title Documents. Complete and legible copies <br /> of all instruments referred to in the Tide Report as <br /> conditions or exceptions to the title of the Property, as <br /> requested by Developer; and <br /> (b) Developer shall have thirty (30) days following the receipt of the <br /> documents, instruments and other items required to be delivered to Developer <br /> pursuant to this Section 2.04, including, but not limited to the last modification or <br /> addition to the Title Report, to review and comment on the exceptions and matters <br /> contained in or disclosed by the Title Report. Developer shall be entitled to <br /> condition its acquisition of the Property upon the release, discharge or removal of any <br /> exception prior to the close of escrow, and the deletion of such exception or <br /> exceptions from the Tide Policy to be issued at close of escrow. <br /> (c) If Developer raises any objections to the title of the Property in <br /> accordance with the procedures of this Section 2.04, then Agency shall have ten (10) <br /> • <br /> Disposition and Development Page 7 of 39 <br /> Agreement (Automall) <br /> 10/2/96 <br />