Reso 1996-166 to 170 - Laserfiche WebLink

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3.07 Costs of Escrow and Closing. Real property taxes, if any, shall be paid by Developer on a pro -rated basis. Assessments payable thereon and approved by Developer shall be paid by Developer. Seller shall bear the cost of CLTA title policy; and in the event Developer requests an ALTA title policy, Developer shall bear the cost of a survey of the Property; and Developer shall bear the difference in cost between a CLTA and ALTA title policy. The escrow fee, conveyance and transfer taxes and recording fees shall be borne equally by Agency and Developer. Article Four: CONSTRUCTION OF IMPROVEMENTS 4.01 Construction Pursuant to Plans. Unless modified by operation of Section 4.02 of this Part, all works of construction and development on the Property shall be done in accordance with the Construction Plans approved pursuant to Section 1.04 above. 4.02 Change in Construction Plans. If the Developer desires to make any material change in the Construction Plans, the Developer shall submit the proposed change to the Agency for its approval which approval shall not be unreasonably withheld or delayed. If the Construction Plans, as modified by any proposed change, conform to the requirements of this Agreement, the Agency shall approve the change by notifying the Developer in writing. Unless said proposed change is rejected by the Agency within fifteen (15) days, it shall be deemed approved. If rejected within such time period, the previously approved Construction Plans shall continue to remain in full force and effect. Any change in the Construction Plans required in order to comply with applicable codes shall be deemed approved, so long as such changes do not substantially nor materially change the architecture, design, function, use, or other amenities of the Improvements as shown on the latest approved Construction Plans. Disposition and Development Page 11 of 39 Agreement (Automall) 10/2/96