Reso 1997-101 to 105 - Laserfiche WebLink

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Upon conveyance of the property to Developer, Developer shall assume all responsibility for protecting the environmental quality of the site. 2.03 Environmental Review. The Agency shall complete any environmental review required by the California Environmental Quality Act by August 18, 1997, or the execution of this Agreement, whichever comes later. 2.04 Conditions of Title. (a) As soon as reasonably possible following the date of this Agreement, Agency shall deliver or cause to be delivered to Developer the following items: (i) Title Report. A preliminary report for an ALTA Owner's Policy for the Property issued by Placer Title Company ("Title Company"), setting forth all liens, encumbrances, easements, restrictions, conditions, pending litigation, judgments, administrative proceedings, and other matters affecting the Agency's title to the Property ("Preliminary Report"), together with copies of all documents relating to title exceptions referred to in the Preliminary Report. (ii) Underlving Title Documents. Complete and legible copies of all instruments referred to in the Preliminary Report as conditions or exceptions to the title of the Property, as requested by Developer; and (b) Developer shall have thirty (30) days following the receipt of the documents, instruments and other items required to be delivered to Developer pursuant to this Section 2.04, including, but not limited to the last modification or addition to the Preliminary Report, to review and comment on the exceptions and matters contained in or disclosed by the Preliminary Report. (c) If Developer raises any objections to the title of the Property in accordance with the procedures of this Section 2.04, then Agency shall have ten (10) days after the receipt of Developer's objections to give Developer notice that either: Disposition and Development Page 9 Agreement (Creekside Center) 7/23/97, 8/5/97, 8/11/97, 8/12/97