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4.06 Aggen_cv to Receive Cagy of Construction Contract. <br />Developer shall enter into contracts for the construction of the Improvements <br />with contractors licensed by the State of California. Copies of all contracts shall be <br />tendered to the Agency for the sole and limited purposes of determining that the <br />amount of the cost of work has been clearly fixed and determined, as herein provided, <br />and that the covenants as to Equal Opportunity in Construction (Section 4.07 of this <br />Part) have been met. Unless the Agency notifies the Developer in writing within <br />fifteen (15) days of submission of the contract that the contract has been <br />disapproved it shall be deemed approved. <br />During the construction of the Improvements, Developer shall not <br />discriminate on the basis of race, religion, sex, or national origin in the hiring, firing, <br />promoting or demoting of any person engaged in the construction work and shall <br />direct its contractors and subcontractors to refrain from discrimination on such basis. <br />4.08 Certificate of Completion for Improvements. <br />Promptly after completion of construction of Improvements in accordance <br />with the provisions of this Part and upon issuance of a certificate of occupancy by the <br />City, the Agency will provide an instrument so certifying provided that, at the time <br />such certification is issued, the Improvements have been completed (hereafter <br />"Certificate of Completion"). Such Certificate of Completion shall be conclusive <br />determination that the covenants in this Agreement with respect to the obligations of <br />Developer, its successors and assigns, to construct the Improvements and the dates <br />for the beginning and completion of construction thereof have been met. Such <br />Certificate of Completion shall be in such form as will enable it to be recorded among <br />the official records of Alameda County. Such Certificate of Completion and <br />determination shall not constitute evidence of compliance with or satisfaction of any <br />obligation of Developer to any holder of a deed of trust securing money loaned to <br />finance the Improvements or any part thereof and shall not be deemed a notice of <br />completion under the California Civil Code. <br />Disposition and Development Page 14 of 39 <br />Agreement (Automall) <br />10/2/96 <br />