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TABLE OF CONTENTS <br />o <br />4.1 Applicable Laws and Standards.................................................................8 <br />4.2 Application of New City Laws..................................................................... 9 <br />4.3 Timing........................................................................................................9 <br />4.4 Subsequent Environmental Review...........................................................9 <br />4.5 Easements; Improvements......................................................................10 <br />5. Condition Precedent...........................................................................................10 <br />6. One Time Public Benefit; Downtown Public Amenity Fund................................10 <br />7. On -Going Public Benefits...................................................................................10 <br />7.1 Dog Park..................................................................................................10 <br />7.2 Sales Tax Guarantee...............................................................................11 <br />7.3 Marketing to Incubator/Accelerator/Co-Working Tenants ........................ 11 <br />7.4 Affordable Housing..................................................................................11 <br />8. Indemnity............................................................................................................12 <br />9. Periodic Review for Compliance... ......................... ............................................ 12 <br />9.1 Annual Review.........................................................................................12 <br />9.2 Non-Compliance......................................................................................13 <br />9.3 Failure to Cure Default.............................................................................13 <br />9.4 Proceeding Upon Amendment or Termination.........................................13 <br />9.5 Hearings on Amendment or Termination.................................................13 <br />9.6 Effect on Transferees...............................................................................14 <br />10. Permitted Delays; Subsequent Laws..................................................................14 <br />10.1 Extension of Times of Performance......................................................... 14 <br />10.2 Superseded by Subsequent Laws...........................................................14 <br />11. Termination.........................................................................................................15 <br />11.1 <br />City's Right to Terminate.......................................................................... <br />15 <br />11.2 <br />Owner's Right to Terminate.....................................................................15 <br />11.3 <br />Mutual Agreement...................................................................................15 <br />11.4 <br />Effect of Termination................................................................................16 <br />11.5 <br />Recordation of Termination, ..................................................................... <br />16 <br />12. Remedies...........................................................................................................16 <br />12.1 No Damages............................................................................................16 <br />12.2 Remedies Cumulative..............................................................................16 <br />12.3 Parties' Agreement..................................................................................16 <br />ii <br />1677\05\1960134.8 <br />1/17/2017 <br />PAGE 258 <br />