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Article l. SUBJECT OF AGREEMENT............................................................................... 1 §101 Definitions...........................................................................:.................................. 1 §102 Purpose of Agreement............................................................................................ 1 �103 Background............................................................................................................ 1 §104 The Redevelopment Plan.......................................................................................2 §105 The Redevelopment Area ......................................................................................3 §106 The Franklin Street Area........................................................................................3 §107 The Franlclin Street Project Site.............................................................................3 §108 The Project.............................................................................................................3 §109 The Agency............................................................................................................ 5 §110 IAC.........................................................................................................................5 §111 Term....................................................................................................................... 5 Article 2. ASSEMBLY OF THE PROJECT SITE................................................................6 §201 General..............:....................................................................................................6 Article 3. PROVISIONS RELATING TO ACQUISITION PARCELS ...............................6 -- §301 Sale and Purchase ..................................................................................................6 §302 Intentionally Deleted.............................................................................................. 7 §304 Pre-Acquisition Investigations............................................................................... 7 §305 Development of Acquisition Budget .....................................................................9 §306 IAC's Advance of Acquisition Costs................................................................... 10 §307 Method of IAC's Advance of Agency's Total Acquisition Costs....................... 10 §308 Abandonment Costs............................................................................................. 12 �- §309 Acquisition by Agency ........................................................................................ 12 §310 Relocation............................................................................................................ 13 §311 Conveyance of Title and Delivery of Possession ................................................ 13 §312 Form of Grant Deed or Grant Deeds.................................................................... 15 §313 Condition of Title................................................................................................. 15 §314 Title Insurance ......................................................................................:....�......... 15 §315 Taxes and Assessments........................................................................................ 15 §316 Land Use Regulations.......................................................................................... 16 §317 Intentionally Omitted........................................................................................... 16 §319 Preliminary Work by IAC.................................................................................... 16 §320 Remediation......................................................................................................... 17 � - 9627:83476.25 , r .