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JAH:djm 03/06/90R (REDEV) JAH:djm 03/19/90R JAH:djm 04/04/90R A. When the City shall have participated in the first such sale, such right shall expire fifteen (15) years after the first sale; and B. Such right shall expire in any event not later than January 17, 2028. §806 Cost of Parking Facility The Agency and the Developer expect that one or more other public agencies, such as Caltrans or SamTrans or both, will make a substantial contribution to the payment of the costs associated with the design and construction of the Parking Facility to be located on the Project Site. Negotiation of all issues related to the Parking Facility is still under way, and therefore no assurance can be given regarding the extent of such financial participation. The parties agree, however, that neither the Agency nor the City shall bear any responsibility under this Agreement to participate financially in the design, construction or operation of the Parking Facility. §807 Costs Associated with Redwood Creek Prior to construction of the Project, the amount of the costs associated with the realignment, or placing in a culvert, of the portion of the fork of Redwood Creek lying within the Project Site will be determined and responsibility for the payment thereof will be assumed by the Developer, SamTrans or Caltrans, or a combination thereof. The Developer understands and agrees, however, that (1) the development and financing of an engineering solution that renders the flow of the waters of this fork of Redwood Creek compatible with the Project is a condition to the Agency's approval of the Project, and (2) neither the Agency nor the City shall bear any responsibility under this Agreement to participate financially in such solution. §808 Replacement Dwelling Units The Agency shall have the sole responsibility under Section 33413 of the Health and Safety Code, for the provision of any replacement dwelling units destroyed or removed from the low-income and moderate -income housing market by the construction of the Project. §809 Developer Leasing and Financial Reports The Developer shall furnish the Agency the following reports: A: Leasing Report. Within 90 days after execution of this Agreement, and quarterly thereafter, the Developer shall furnish the Agency a leasing report showing, at a minimum, the total leasable square footage of the Project, a list of all tenants and the lease term, square footage and rate per square foot for each tenant. 32