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STATION DIST DDA WITH CRA
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STATION DIST DDA WITH CRA
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request, provide reasonable assistance to the Developer in the Developer's pursuit of such <br />entitlements, permits and approvals. If the Developer is unable to b tain any Land Use <br />Approvals for a Phase of the Developer Improvements, the Developer may ten in ate its rights <br />obligations under this Agreement with respect to such Phase. The Developer shall, without <br />limitation, apply for and secure all permits and pay for all fees required h the City, County of <br />Orange, and other o mmental agencies wi th jurisdiction over the Sitc or the development <br />thereof. <br />Developer acknowledges and agrees that the execution o f this Agreement does <br />not constitute the granting of or a commitment to grant any required lard use permits, <br />entitlements or approvals by the Agency or the City. <br />303.1 California Environmental Quality Act. The Agency and the Developer <br />acknowledge and agree that the Agency is solely responsible for undertaking to completion, at its <br />sole cost and expense, any environmental studies and documents required pursuant to the <br />California Environmental Quality Act " E A " . Subject to a determination by the parties as to <br />whether or not to proceed with compliance with CEQA, or terminate further efforts regarding the <br />"Project" identified in such CEQA compliance, Agency shall duly file and/or shall cause City to <br />duly file) a Notice of Determination and/or Notice of Exemption pursuant to the requirements of <br />CEQA within five days after the date of Agency and City approval of this Agreement. The <br />Agency hereby agrees that, if any challenge to completion of the requirements of CEQA delays <br />or prohibits Developer from initially applying for financing for Phase -1 or R-2 of the Project <br />(including, without limitation, a reservation of Tax Credits) beyond February 1, 2012, or delays <br />prohibits Developer from commencing development of Phase FS beyond Fcb u ar r 1, 2012, then <br />the Developer shall be entitled to terminate this Agreement as to those Phases for which <br />financing applications or development i s prevented or delayed as set forth herein and, upon an <br />such termination, the Agency shall reimburse Developer for its Third Party Costs within sixty <br />(60) days of submission of documentation to the Agency supporting such Third Party Costs. <br />303.2 Lot Merger. On or prior to December 31, 2010 with respect to Phase R- <br />and on or prior to the date on which Developer applies for Tax Credits with respect to Phase R-2, <br />the Agency shall cause a lot merger pursuant to Santa Ana Municipal Code Sections 4 -366 <br />through 4 -377 or other Subdivision Map Act compliance so as to combine all of the applicable <br />parcels of the applicable Phase into a single parcel. <br />304. Time for Commencement and Completion of Construction. The Developer <br />shall commence construction pursuant to validly issued building permits with respect to the <br />Rental Portion of the Project on or before thirty o days after the Closing for the applicable <br />Phase and shall complete construction f the Developer Improvements for the applicable Phase <br />of the Dental Portion of the Project on or before twenty four 4 months following <br />commencement. For Phase FS, grading on all Portions or Phases of Phase FS will commence <br />within o days of the Conveyance of the first Portion or Phase of Phase FS. Construction of the <br />Developer Improvements pursuant to validly issued building permits will commence within <br />ninety 0 days of Conveyance of the first Portion or Phase of Phase FS, and within 30 days <br />after Conveyance of subsequent Portions or Phases of Phase FS. Completion of all construction <br />shall occur on or before twenty-four 4 months after commencement of construction on the <br />first Portion or Phase of Phase FS.. <br />1 <br />D O O 14 67 141200272- 1 <br />
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