Agmt10 R.C. Peninsula Park, LLC (2)

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TABLE OF CONTENTS ARTICLE I DEFINITIONS Section 1.01. Definitions 1 ARTICLE II RECITALS Section 2.01. The CFD 4 Section 2.02. The Development 4 Section 2.03. The Facilities 4 Section 2.04. The Financing 4 Section 2.05. The Series 2010 Bonds 5 Section 2.06. No Advantage to City Construction 5 Section 2.07. Agreements; Application of Standards 5 ARTICLE III FUNDING Section 3.01. City Proceedings 5 Section 3.02. Series 2010 Bonds 6 Section 3.03. Bond Proceeds 6 Section 3.04. City Fees 7 ARTICLE IV CONSTRUCTION OF FACILITIES Section 4.01. Plans 7 Section 4.02. Sole Duty of Developer to Construct 7 Section 4.03. Developer's Liability for Work of Others 8 Section 4.04. Environmental Review, Permits and Licenses 8 Section 4.05. Public Convenience and Safety 8 Section 4.06. Responsibility for Loss, Damage or Injury 9 Section 4.07. Preservation of Property 10 Section 4.08. Observing Laws and Ordinances 10 Section 4.09. Liability for Worker's Safety 10 Section 4.10. Required Terms for Contracts with General Developers Error! Bookmark not defined. Section 4.11. Relationship to Public Works; Bidding Requirements 11 Section 4.12. Independent Contractor 12 Section 4.13. Performance and Payment Series 2010 Bonds 12 Section 4.14. Contracts and Change Orders 13 Section 4.15. Time for Completion 13 ARTICLE V ACQUISITION AND PAYMENT Section 5.01. Inspection 13 Section 5.02. Agreement to Sell and Purchase Facilities 13 Section 5.03. Payment Requests 14 Section 5.04. Processing Payment Requests 14 Section 5.05. Payment 15 Section 5.06. Restrictions on Payments 15 Section 5.07. Use of Excess Funds in the Improvement Fund 17 Section 5.08. Defective or Nonconforming Work 17 Section 5.09. Modification or Designation of Discrete Components 18 -i-