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<br />City and for the purposes outlincd in this Interim Agreement or as may be . <br />described in a final Disposition and Development Agreement. <br /> <br />G. Term of Agreement. This Interim Agreement shall bccome effective upon <br />cxecution by City and Dcveloper ("Commencement Date") and shall <br />terminate in twclve (12) months from such Commencement Date unless <br />terminated at an earlicr date or extended as hereinafter provided: <br /> <br />1. Developer Non-feasibility Determination. If at any time the <br />Developer determines that the development ofthe TCAAP Site is not <br />feasible for any ofthc following reasons, Developer can terminatc this <br />Interim Agreement in its sole discretion: <br /> <br />a. Inability to negotiate with government agencies under <br />economical terms for the disposition and rcmediation of the <br />TCAAP Sitc. <br /> <br />b. <br /> <br />Discovcry of environmental conditions not currently anticipated <br />and remediation costs associated thcrewith which would make <br />the development not economically fcasible. <br /> <br />. <br /> <br />c. Failure of the City to adopt a Comprehensive Plan Amendment <br />consistent with the TCAAP Utilization Plan. <br /> <br />d. Dctermine pursuant to the feasibility studies described in <br />Section 3 .B.l.c. that private development of the TCAAP Site by <br />the Developer is not feasible. <br /> <br />e. Failure to secure governmental approvals which would allow <br />the Project to proceed. <br /> <br />2. City BestInterest Determination. If, at any time, the City determines <br />that it is not in the best intcrest of the City to obtain the TCAAP Site <br />for any of the following reasons, City can terminate this Interim <br />Agreemcnt in its sole discretion: <br /> <br />a. A proposal to transfcr property in a manner that would expose <br />the City to unacceptable environmental remediation risks. <br /> <br />. <br /> <br />8 <br />