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8.A. - Page 49 <br /> (b) The portion of the premium for the Title Policy to be paid by the <br /> Developer as set forth in Section 2.7 of this Agreement; <br /> (c) Recording fees; and <br /> (d) Any and all other charges, fees and taxes levied by a government agency <br /> arising or relating to the conveyance of the Public Access Parcels and Sliver Parcel through this <br /> Escrow. <br /> The City shall timely and properly execute, acknowledge and deliver to the <br /> Escrow Agent the Grant of Easements and Reciprocal Access, Parking and Maintenance <br /> Agreement granting an easement in the Public Access Parcels in substantially the form set forth <br /> in Exhibit D and the quitclaim deed conveying the City's interests in the Sliver Parcel. <br /> The City shall pay into Escrow to the Escrow Agent the following fees, charges <br /> and costs promptly after the Escrow Agent has notified the City of the amount of such fees, <br /> charges and costs, but not earlier than ten (10) days prior to the Closing Date specified in the <br /> Schedule of Performance (Exhibit C): <br /> (a) One -half (1/2) of the escrow fee; <br /> (b) The portion of the premium for the Title Policy to be paid by the City as <br /> set forth in Section 2.7 of this Agreement; and <br /> (c) Ad valorem taxes, if any, upon the Public Access Parcels for any time <br /> prior to conveyance of title. <br /> The Escrow Agent is authorized to: <br /> 1. Pay and charge the City and the Developer, respectively, for any fees, <br /> charges and costs payable under this Section 2.4. Before such payments are made, the Escrow <br /> Agent shall notify the City and the Developer of the fees, charges and costs necessary to clear <br /> title and close the escrow; <br /> 2. Disburse funds and deliver the Easement and Parking Agreement and <br /> quitclaim deed and other documents to the parties entitled thereto when the conditions of the <br /> Escrow have been fulfilled by the City and the Developer; and <br /> 3. Record any instruments delivered through this Escrow, if necessary or <br /> proper, to vest title in the Developer in accordance with the terms and provisions of this <br /> Agreement. <br /> All funds received in the Escrow shall be deposited by the Escrow Agent with <br /> other escrow funds of the Escrow Agent in a general escrow account or accounts with any state <br /> or national bank doing business in the State of California. Such funds may be transferred to any <br /> other such general escrow account or accounts. All disbursements shall be made by check of the <br /> 82483.00019\9644366. 13 <br /> ATTY /AGR /2015.146 /HAMILTON - WINSLOW DDA <br /> REV: 07 -22 -15 VR <br /> Page 8 of 102 <br />