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• b. The EDA, in its sole discretion, will consider the use of all reasonable procedures <br /> within its power, including but not limited to, tax increment financing, tax <br /> abatement and low interest loan programs, to attract buyers and lessees to the <br /> Property and to market the Property to such buyers and lessees. <br /> 3. Owners' Obligations. <br /> a. Owner hereby agrees to furnish to the EDA a commitment ("Title Commitment") <br /> for an ALTA Form B 1970 Owner's Policy for Title Insurance insuring title to the <br /> Property, deleting standard exceptions, including such endorsements as are <br /> reasonably required by the EDA and subject only to such additional exceptions as <br /> are approved by the EDA in the amount of the value of the Property. <br /> b. Owners shall promptly furnish the EDA with complete information concerning any <br /> persons who during the period of this Agreement makes inquiries to Owners <br /> regarding the sale, exchange or lease of the Property and shall refer such persons <br /> to the EDA and shall in all other ways cooperate with the EDA in the marketing <br /> and sale of the Property. <br /> c. Owner shall permit the EDA to erect and maintain signs upon the Property which <br /> indicate that the Property is for sale. <br /> d. Owner hereby agrees to furnish to the EDA a boundary survey of the Property(the <br /> "Survey") and a conceptual preliminary plat of the Property. <br /> e. Within sixty(60) days after the date hereof, Owners, at its own cost, shall have <br /> conducted soil tests of the Property and shall have determined that the soil <br /> conditions thereon are adequate for construction of office/warehouse/ <br /> manufacturing type buildings. Owner shall made available to the EDA any soil <br /> tests on the Property in Owners' possession. <br /> f. Owners, at its sole cost and expense, shall cause a Phase I environmental <br /> assessment of the Property to be performed by an engineer or environmental <br /> consultant and shall provide a copy of the same to the EDA. The Owners shall <br /> make available to the EDA all reports, assessments and other data in the <br /> possession of the Owners relating to the environmental condition of the Property. <br /> The Phase I environmental assessment, Phase II environmental investigation if <br /> required, and any other environmental investigation collectively shall be referred to <br /> herein as the"Environmental Reports". The Owners will direct the Owner's <br /> environmental consultant to address the Environmental Reports to the EDA, as <br /> well as the Owners. <br /> • Phi11A 532765.2 2 <br />