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ARTICLE V CONSTRUCTION OF PUBLIC IMPROVEMENTS, SITE IlVIPROVEMENTS AND MINIMUM IMPROVEMENTS Section 5.1. Public Improvements. Subject to acquisition of the Redevelopment Property, tbe Redeveloper will construct and pay for tbe Public Improvements in accordance with City specifications and subject to approval by the City engineer. No certificate of occupancy will be issued for Block 4, 5 or 6 until Twin Lakes Parkway has been constructed between Cl~vehlIld and Fairview Avenues, except that construction of the portion between Arthur and Fairview Avenues shall be subject to the timing of any condemnation proceeding pending as to Parcel 5-1. If such is the case, issuance of certificates of occupancy shall not be withheld due to delay in completion of that portion of Twin Lakes Parkway, but completion of that portion shall occur as soon as possible. The Parties will coordinate the installation of the other Public Improvements in order to accommodate the timetable for construction of the Minimum Improvements. Upon completion of the Public Improvements the City will inspect the same, and if constructed in compliance with City specifications, will accept the same as public property. Section 5.2. Construction of Site Improvements and Minimum Improvements. Subject to the acquisition of the Redevelopment Property, the Redeveloper agrees that it shall construct and pay for all Site Improvements described in Exhibit F and construct the Minimum Improvements in accordance with the approved Concept Plan. Section 5.3. Zoning. Approvals. Permits and Fees. (a) Nothing in this Agreement shall limit the authority of the City with respect to zoning and land use approvals. Notwithstanding the foregoing, City staff shall cooperate with the Redeveloper in the processing and obtaining of zoning and land use approvals. The Redeveloper shall be responsible for applying for and obtaining all land use and zoning approvals necessary for the Project. The Redeveloper will pay for rezoning, subdivision, platting, plat amendment, PUD and preparation of restrictive covenants, easements, reciprocal easements, and any other documentation necessary for the construction and sale of the Minimum Improvements. (b) Normal and customary site, building and construction plan review requirements will be followed. Prior to the Commencement of Construction, the Redeveloper will obtain, in a timely manner, all required permits, licenses and approvals, and will meet, in a timely manner, all requirements of all applicable local, state and federal laws and regulations which must be obtained or met before such construction may be undertaken. (c) The Redeveloper will comply with all applicable City building codes and construction requirements. The Redeveloper shall observe the customary requirements for and shall pay the normal and customary City fees and expenses for the approval and construction of the Project, including, without limitation, bonding requirements, plan review fees, building permit fees, state surcharges, sewer accessibility charges (SAC) and water accessibility charges (WAC). 24