Agmt 2000 City of Oakland Port Commissioners (2)

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TDC:aaa 11121180 obligations to make any payment to the City relating to the residential unit or relating to the Additional Residential Unit, or to fund any of such library construction, respectively; 2) The Port's obligations under this Agreement with respect to any residential unit, Additional Residential Unit, or the library shall terminate (A) for a residential unit, as to any construction undertaken more than 6 years after the Obligations Effective Date (B) for an Additional Residential Unit, as to any construction undertaken more than 6 years after the termination or the change in the Policy and (C) for the library, as to any construction undertaken more than 7 years after the Port has delivered to the City the noise insulation specifications for the library. d) Record Keeping . The City agrees to keep and maintain books, records, documents, and other evidence pertaining to the management and insulation work and the costs and expenses related thereto to the extent and in such detail as will properly reflect the compliance of the contractor with the management and construction contracts and the amounts that the City is legally obligated to pay and that the Port is obligated under this Agreement to fund. These books, records, documents, and other evidence shall be maintained by the City for at least four years after the recording of a notice of completion for the contract involved, and shall be made available at reasonable times for inspection, audit and copying by authorized representatives of the Port. 6.Easements . a) City's Residential Airport Noise Insulation Program: The City and the Port agree that: 1) The City shall require each residential unit property owner, as a condition precedent to the owner's participation in the City's Residential Airport Noise Insulation Program under Section 2 or Section 3, to fully- execute and deliver a recordable Easement in the form attached as Exhibit 2; and (ii) The Port shall only be City of San Leandro and Port of Oakland Settlement Agreement Page 21 29848