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M3I 19 20021231PM No.1730 P 1/10 1 TABLE OF CONTENTS . Pa~e RECITALS ........ ........I ARTICLE I. DEFINITIONS, EXHIBITS AND RULES OF INTERPRETATION ............. 2 Sectionl.1 Definitions ..............................................................,............................................. 2 Section 1.2 Exhibits........ .............. ........................... ......... ......... ............................................. 2 Section 1.3 Rules of Interpretation....................................................................................... 3 ARTICLE II. REPRESENTATIONS.............................................,....................................... 3 Section 2.1 Representations by the Redeveloper....................................,............................ 3 Section 2.2 Representations by City .....................................................................................3 Section 2.3 Survival of Representations............................................................................. 4 ARTICLE III. RYAN'S REDEVELOPMENT SERVICES................................................ 4 Section 3.1 Consulting Services ........................"................ ..................................................4 Section 3.2 Ryan Fees ...........................................................................................................4 ARTICLE IV. OBLIGATIONS OF CITy........................................................................,.... 4 Section 4.1 City Obligations and Undertakings ..........................................................,..... 4 Section 4.2 Discretionary Actions....................................................................................,...5 ARTICLE v. PHASED DEVELOPMENT ..........................................................................6 . ARTICLE VI. DEVELOPMENT AGREEMENTS ................................................................. 6 Section 6.1 Development Agreement Criteria ..................................................................... 6 Section 6.2 Use of Work Product........................................................................................8 ARTICLE VII. TERM OF AGREEMENT .......................................................................... 8 ARTICLE VIII. RYAN FEES .................................................................................................... 8 Section 8.1 Reimbnrsement ofthe Ryan Fees ..................................................................... 8 Section 8.2 Payment Procedure ............................................. .......,.......,............................. 9 Section 8.3 Consideration for Exclusivity......:..................................................................... 9 Section 8.4 Survival....... '" ...... .................. ..... ..................... ................ ................ .......... ......... 9 ARTICLE IX. EVENTS OFDEFAULT.............................................................................. 9 Section 9.1 Default ................................................................................................................. 9 Section 9.2 Remedies on Default......................................................................................... 10 Section 9.3 Attorney's Fees....,.. .......... ........ .......... ........... .................. ...... ....10 Section 9.4 Limitation on Redeveloper Remedies on Default...........".... ............ .....11 ARTICLE X. ADDITIONAL PROVISIONS.........................................................................- 11 Section 10.1 Con.6ict ofInterests; Authority Representatives Not Individually Liable 11 Section 10.2 Approvals ...............................,.............................. ........................................ 11 Section 10.3 Notices and Demands .................................................................................. 11 .