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Developer listed on Attacl?n.?ent I?o? 1 and incarporated herein by reference nat to exceed <br />T?va Hut?dred sixty-Five Thal?sand Dollars ???5,QD0}. <br />"?"x??e Cot???a??y" ? def i??ed in ectiot? X02, <br />"?'r"tie ???ic??" is de?n.ed in Sectia?? ?Q3, <br />"?'ott?? ???e?o??t?e??t Casts" ?nea??s the total development costs for the Develope?? <br />Itnp?io?etne??ts far each Phase as sl?a?vn an the ???dget at?d the devised Budget. <br />`{?'??r«rs, e???e}' i defit?e? its ectio? a?? ? <br />`???a?rs, fe????r" is e?t?ed its ectia?? a?, I . <br />"?er?= .?o?? .I?rc??x?e" and?or `??e??? ?o?? ??tc?tt?e ?o?rse?ra?r?s" shall ?nea?? ver?? lo?v <br />it?cotne hausel?olds as defit?ed in Plealtl? Safety Carle Section 5a 1 D?? <br />2??, ???'A?? ?T` THE SITS. <br />2U1, an?eya?zce of ??le bite a??tl ?scz•o???; o??s???er?tio?i. ??bject to all of the ter??s <br />atld candlt?ans of tll?s Ag1'ee?nent, tl?e Agency shah convey fee title to each Phase of t??e bite to <br />the Developer at?d tl?e Developer agrees to accept fee title to each Phase of the ite? Tl?e pa??ties <br />specifically recognize and acl???o?vledge that Phase F ?vill close in t?vo or snore portiat?s or <br />plisses, ?vitl? tl?e specific portlot?s or phases subject to the ?n??tual areetr?e?at of tl?e parties. Tl?e <br />Conditions Precedet?t to Closing, and all of the other prav?siot?s of tli?s ectlot? ?1, sball be <br />applicable to each such portion of Phase FS bei??g Conveyed. As to the Additional Pa??cels, and <br />the eu??a Parcels, the Agency shall use ca?nrnereially ??easonable efforts to ac???lre same o?? ar <br />before September 1 , ?a 1 a cif Developer is a?varded a reser?atian of Tax Credits for Phase R? 1 <br />its the second Tax C??edit round of X010, a??d otherwise forty-fire ???? days prior to subt??ssio?l <br />date of a Tax Credit applicatio?? to TCAC far Phase R?l if Developer does ??ot receive a <br />reservation of Tax Credits 1t? txe secotlCl round of 0 ? 0, as all such dates maybe extended by a <br />CBA cl?alleage?, for the e??ra Parcels ar?d foa-ty-five ??} days prior to file date of any <br />s??b?n?sslan of a Tax. Credit appl?catlQr? to TCAC ???itll respect to floe applicable Phase, ??bect to <br />o??e n???????e res??lti??g from a CEA Chailer?ge, but in too event shall fire Age?icy b required to <br />u??dertal?e o14 camplete such ac??lsltlat? by use of its po??rer of e?nlnent doma???, Tl?e Purchase <br />Price for each Phase of tl?e Site shall be O??e Dollar ?I,OQ}. In impletnet?tation of tl?e <br />Con??eyances, tl?e patties shall open escrow ?eacli, a?? "Bsct+o?v"? ?vitl? Old Republic Title <br />Can?pan?T, ar a?lotl?er esero?v co?npan?? ?????tually satisfactory to bath parties ?tl?e "Bscro?v <br />Ae??t"} ???itl?in f if?een ? 15} days after tl?e Date of Agree?net?f. In tl?e e?rent that the Segura <br />Parcels Dave not been ac?ui?•ed by the Agency on ar before epten7ber 15, X010 ?ifDevelopelk is <br />awarded a reserva.tian of Tax Credits for Plisse -1 in tl?e second Tax Credit ?+ouz?d of 20I0, and <br />otller?vise fo?•ty-eve {?5? days prior to submission date of a Tax Credit applicatio?? to TCAC for <br />Phase R-1 if Developer does not receive a reservation of Tax Credits in tl?e second round of <br />?0I a, as all s??cl? dates may be extended by a CBA cl?aller?ge?, the Developer shall redesign <br />Phase R-1 so as to excll?de tl?e Segura Parcels its ?vl?icl? event Develope??'s abllgatlol?s ??itl? <br />zespect to Phase R? I shall be extended by tl?e tithe necessar?T fQr s??cl? redesign, If a??d to the <br />extent the Additional Parcels at?dloz? egt?ra Parcels lave been acc???ired by the Agency '1t?]In the <br />i? <br />? ococ? ? ?oo??? ?T ? ??oo??????a l