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(together with any other agreements entered into between the parties hereto contemporaneously <br />therewith) and review and approvals of other documents and agreements in connection with the <br />Project. In addition, certain engineering, environmental advisor, legal, land use, zoning, <br />subdivision and other costs related to the development of the Development Property are required <br />to be paid, or additional funds deposited in escrow, in accordance with the City's fee schedule. <br />If at any time the City determines that the amount deposited by Developer will be <br />insufficient to pay the City's fees and expenses listed above, the City may notify the Developer <br />in writing as to any additional amount required to be deposited. The Developer must deposit <br />such additional funds within 10 business days after receipt of the City's notice. The City will <br />notify the Developer at any point when it has received invoices for Administrative Costs equal, <br />in aggregate, to $10,000 and the Developer shall notify the City whether it is willing to incur <br />additional Administrative Costs. If the Developer fails to notify the City of its willingness to <br />continue to incur additional Administrative Costs within 10 days, the City will instruct all <br />Administrative Cost service providers to discontinue further work and submit final invoices <br />which the Developer shall reimburse the City for reasonable Administrative Costs within 10 <br />business days after receipt of the City's notice even if the remaining Administrative Costs exceed <br />$10,000 as a result of work done prior to the notification to discontinue work. <br />Any funds deposited by Developer and not expended by the City for its Administrative <br />Costs will be returned to the Developer up the issuance of the Certificate of Completion. This <br />Section 3.4 shall survive termination of this Agreement and shall be binding on the Developer <br />regardless of the enforceability of any other provision of this Agreement. <br />Section 3.5. Compliance with Environmental Requirements. <br />(1) The Developer shall comply with all applicable local, state, and federal <br />environmental laws and regulations, and will obtain, and maintain compliance under, any and all <br />necessary environmental permits, licenses, approvals or reviews. <br />(2) The City makes no warranties or representations regarding, nor does it indemnify <br />the Developer with respect to, the existence or nonexistence on or in the vicinity of the <br />Development Property or anywhere within the TIF District of any toxic or hazardous substances <br />or wastes, pollutants or contaminants (including, without limitation, asbestos, urea <br />formaldehyde, the group of organic compounds known as polychlorinated biphenyls, petroleum <br />products including gasoline, fuel oil, crude oil and various constituents of such products, or any <br />hazardous substance as defined in the Comprehensive Environmental Response, Compensation <br />and Liability Act of 1980 ("CERCLA"), 42 U.S.C. §§ 961-9657, as amended) (collectively, the <br />"Hazardous Substances"). <br />(3) The Developer agrees to take all necessary action to remove or remediate any <br />Hazardous Substances located on the Development Property to the extent required by and in <br />accordance with all applicable local, state and federal environmental laws and regulations. <br />Section 3.6. Construction Plans. <br />(1) Prior to the commencement of construction of the Project, the Developer will <br />deliver to the City the Construction Plans and a sworn construction cost statement certified by <br />10 <br />51939481SB ELI 85-49 <br />