AgdaPkt 2002-12-09 - Laserfiche WebLink

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�.� �Zo 14. City and Developer shall each have executed and deliveced counterparts of the Construction Agreement as provided in Section 518. 15. City and Developer shall each have executed and delivered counterparts of the .. Mainfenance Agreement as provided in Section 519. - 16. The parties haye agreed upon the Parking Facility Costs in accordance with Secrion 518. 17. The City and/or the Agency have determined an appropriate and feasibie method of financing the Public Pazking Facility. §403 Develooer's Duties Developer shall pay in Escrow or deliver to the Escrow Agent the following fees, chazges, costs and documents related to the Acquisition Parcels and the Agency Parcel promptly after the Escrow Agent has notified Developer of the amount of such fees, charges and costs, but not earlier than ten (10) days prior to the scheduled date for the close of Escrow: A. The escrow fee; B. The premium for the ritle insurance policy as set forth in Secrion 312 of this Agreement " C. Recording fees; D. Notary fees; E. Ad valorem taxes and assessments and possessory interest taxes, if any, upon the Acquisition Pazcels, to the extent Developer is responsible for the payment thereof in accordance with the provisions of Section 510; and F. Any transfer tax applicable to any of the subject conveyances. Developer shall also execute and deliver such other documents and instruments that aze required herein, or that may be reasonably required by Escrow Agent, in order to consummate the transactions contemplated herein. §404 Aaencv's and Citv's Duties The Agency and the City shall in accordance with this Agreement timely and properly execute, acknowledge and deliver Grant Deeds in substantially the form established in Section 310 of this Agreement conveying to Developer title to the Agency and Acquisition Pazcels in the condition required by Section 311 of this Agreement, together with their instructions to the Escrow Agent tnat the Grant Deeds may be recorded upon the Agency's confirmation that the Developer has completed all acts necessary to entitle the Developer to such conveyance, if such be the fact. Agency and the City shall also execute and deliver such other documents and 18 DOCSSFL648942.4 9975-5 C t 4 120502