Res13 15289 - Laserfiche WebLink

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. . . . .._... . .............,=..l.s.�__...,...v__.. ........._...r..._.. .. .. .. .._. 3.4.8 Insurance Documents. T'he Developer delivers the Insurance Documents and the City has approved all such evidence of insurance,all pursuant to Section 2.6; 3.4.9 Pa,yment and Performance Bonds. The Developer shall deliver to the City payment and performance bonds pursuant to Section 4.6.3; 3.4.10 Developer Equity. The Developer has delivered evidence of the Developer Equity Investment and the City has approved such evidence, all pursuant to Section 2.6; 3.4.11 Developer's Escrow Deposits. T'he Developer deposits all of the items into the Escrow required by Section 3.5; 3.4.12 SettlemendClosin� Statement. The City approves the Escrow Agent's ; final estimated closing/settlement statement; 3.4.13 Consistency Finding. The Planning Commission of the City has ' determined that the disposition of the City Property to the Developer pursuant to this Agreement is consistent with the City's General Plan,in accordance with Government Code Section 65402; 3.4.14 Pazking Covenant and A�reement. The parties have executed and deposited into Escrow the Pazking Covenant and Agreement in substantially the form attached hereto as Exhibit I; 3.4.15 License A�reement for Winslow Lot. The parties have executed and deposited into Escrow the License Agreement for Winslow Lot in substantially the form attached hereto as Exhibit J; 3.4.16 Environmental Holdback A�'eement: The parties have executed and deposited into Escrow the Environmental Holdback Agreement in substantially the form attached hereto as Exhibit K; and 3.4.17 Developer's Material Obligations. The Developer performs all of its other material obligations requ'vred to be performed by the Developer under this Agreement prior to the Close of Escrow. 3.5 Developer's Escrow Deposits. At least one (1) business day prior to the Escrow Closing Date, the Developer shall deposit the following described funds and documents into the Escrow, or deliver to the City, as applicable: 3.5.1 Purchase Price. The Purchase Price, plus any additional funds required to be deposited into the Escrow; 3.5.2 PCO Report. A PCO Report executed by the authorized representative(s)of the Developer; 24 2013.118/BLOCK 2 HUNTER STORM REV:07-26-13 PT