CCP 06-15-1992 - Laserfiche WebLink

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...' ..", I ~',:;-,i ''''.:/ ;. :~.:. ~., r"~", - :'~ 2:2 ~~:2:: ~ ... Thl Developer agr... tor itulf, its successors and auigns, and .vlry succesaor in interest to the Development Property, or eny part thereot, that the Developer, and auch aUCCeUOrB end esslgns shall promptly begin end diligently prosecute to Completion the development ot the Development Property throush the connruction of the Minimum Improvemenu 'thenon, end thlt such conlttuction shall in any event be comm,nd;ed and compllted within the period specif1ed in this Section 3.3 of this Asraamlnt. . Section 3.4. Certificata of Complation. (a) Promptly etter complation of the Minimum Improvements in accordance with the Construction Plana the City will furnish the Developer With an eppropriate inatrument 10 certitying. Such certification by the City Ihall be a conclulive determination of satiafaction end termination of the agreements and covenantl in the Aireement with reapect to the obligations ot the Developer, and tu lucensora and aUigns, to conlttruct the Minimum Improvements and the dates for the peiinning and completion thereof. Such certification and auch determinetion shall not conlUtute evidence ot complienca With or uttshction at eny obl1gltion of the Developer to any Holder o! a Mortgage, or any insurer of a Mortgage, aacuritli money loaned to tinanee the MinimUm Improvements, or any part thereof. (b) The certificata prOVided for in thia Section 3.4 of thia Agreement shall be in luch form as will enable it to be recorded in the proper office tor the recordation of d~eds and other instruments pertainins to the Development Property. If the City shall refuse or faU to provide any certification in accordance with the provisions of this Section 3.4 of this Agreement, the City .hall, wi thin . thirty ,(30) days after uritten request by the DeVeloper, provide the Developer with a written statement, indicating in adequata datail in what nllpects the Developer hili failed to complete the Minimum Improvements in accordance wi th ths provisions of the Agreement, or 1. otherwise in default, and what mea lures or acts it, "ill be necessary, in the op inion of the Ci ty, for tha DeVeloper to talte or perforz in order to obtain such certification. (c) The cons truction of thl Minimum Improvements ehall be d.emed to be completed uhen such Minimum Improvements are substantially completed, Which shall be et such time as a Certificate of Subn.ntill completion is iuued by the Project Architect end concurred in by the contractor, owner end City in accordsnce "ith th~ Arp~OVQrl r1ana ,nd ,pecificationl. - , a.