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??? ?'r'?a?c???? De?elaper shall l?a?e abtairled, and tl?e Agency shall <br />l?a?e approved ??idence of anstructio?7 Pir?ancing fol? such Phase conslstel?t ???lth the approved <br />B?ldel?ce of onstructlon Flnancing of the 1?eveloper Impro?errlents for st?ch Pl?asc as pra?ided <br />in Section 1 ?, ?, arld tl?e financing far strcl? Phase shall l?a?e closed and f ??nde? or? be r;ead? to <br />close a??d ful?d cancul•rel?t with the applicable closing, <br />? ?'r?? ?'o?rc??? Tl?e Title ?n?pal?y shall, lrpal? pa?lnel?t of Title <br />al?apan??'s regularly scheduled prerniulrr, have agreed. to fssue tl?e Title Policy far; each Phase <br />upon each closing, in accordal?ce ??ith Section 2a? <br />?} ????????o??t??ert???, Tl?e De?elopc?i shall have approved tl?e <br />?nvironl?el?tal onditiol? cftl?e pol`#iola ?fthe Site il?cluded ill the applicable Phase and slxall la0t <br />ha??e elected to cancel ?sclo al?d terminate this Al'eernel?t pur`strant to Section 2a?? l?e?`eaf <br />al?d tine Rel???dial fork cif required pursuant to that Sectiel?? shall lime heels completed as <br />pl`o?lded 17e1•ell?, <br />?h? C'o??c?p?r?a? Sr?? P?a?a ?r??? ?r?? use ????o??ads, The Developer <br />shall ??? l?a?e abtalrYed lty and Agency ??ecutive Dir+ecto?• apprio?al of oncepttral Site Plan al?d <br />filial ol?structiol? Dra??il?gs fa?• all of the I)e?elaper Ir?pro?emel?ts ire st?cl? Phase, ?11? l?a?e <br />obtailred all ?al?d use Appl•ovals necessary for tl?e develapl?lel?t of st?cl? Pl?ase? il?cluclil?, <br />??ltllout lll?lltatlal?, ul?dlvlslon dap Act cornplla??ce, any accessary zone change a?id?or approval <br />of any 1'equlred dellsl?y bantls, c?nd ?111? take sUCh actions a al'e llecessal'y to Insure that bulldll?g <br />per'l?its fall tine deveioplr?eat of such Phase shall he issued eonct?r•rel?tly ??itl? tl?e oi??eyance of <br />tl?e portiol? of the Site associated ?vitl? such Phase, <br />?i? Sons a??c? Ce??oic?r? C`o?c?i??o?t, ]?e?elapel` shall nave approved <br />the Site ?ol?drtlan ??lth respect to such Phase in aeco?•dance ??itll ecttan ?a?. ? hereof, <br />?1 ? e?o?c??ior?, The Aer?c?f sl?ali nave relocated all tel?alits al?d other <br />ll?l?abltal?ts oftlre portlo?? ofti?e lte ol? ?vhlcl? slrch Phase is or ??ill be located in accoldance ??ith <br />all existil?g federal, state and local ia?vsi <br />?k} Side I???p??o??e??re???s. Tl?e por-tiol? of the Site on ??rhich such Phase is <br />or? ??rill be located shall be free of all bite ?mpravelnel?ts? <br />{l} ?'???r?+o????????a? Co?rdr?????. The partlan of the Slte ol? ??rl?lcl? st?cl? <br />Phase is ar ???ill be located shall be free of all ?Iazatdol?s N?aterials, including, ?litl?out lin?itatiol?, <br />asbestos al?d leadwbased pant, all ill accordance with eetiol? ?0?.7 below, and the De?elaper <br />shall l?a?e received and a?pp?•a?ed the Abater?el?t Repast descl`ibed il? Sectiol? 2a6?? belo??. <br />?rn? ?o??c????o?t o'5???, The Agel?c? shall be ur?cal?ditiol?ally calnrnitted <br />to deliver {i} fee title to the pcrtiar? of Site alp ???hicl? such Phase is o?? ??ill be located in <br />accordance with the regt?lrelnel?ts of tl?e Seap of I?e?elopment, and ?11? possesslol? of st?ch <br />partlol? of tl?e Slte are ?vhlcl? such Phase rs ar• ?'?111 be located sr?bject to na r4lgl?ts of terlal?ts rrl <br />i <br />possession, <br />?rl} ??trised ?trc?e?. Thy I?c?elaper has prepared and the Agency leas <br />appro?cd the Revised Budget for the applicable Phase. <br /> <br />19