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