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Attachment B ARTICLE I Definitions Section 1.1. Definitions. In this Agreement, unless a different meaning clearly appears from the conte�t: "Act" means Minnesota Statutes, Sections 428A.11 to 428A.21, as amended. "Annual Debt Service" means the amount of principal, interest and redemption premium, if any, payable on the Bonds on any August 1 and the next succeeding February 1. "Construction Manager" means Load Bearing Inc., the construction managers selected by the Association to prepare or cause to be prepared the construction plans for the Housing Improvements. "Association" means Westwood Village Association or its permitted successors and assigns. "Association's Authorized Representative" means the President of the Association. "Agreement" means this Agreement, as the same may be from time to time modified, amended, or supplemented. "Bonds" means the general obligation bonds or obligations issued by the City under Section 3.1 hereof to finance the Housing Improvements pursuant to the Act, and any bonds or obligations issued to refund any Bonds. "Bond Fund" means the debt service fund for the Bonds to be established under the Bond Resolution. "Bond Resolution" means the resolution to be approved by the Council awarding the sale and establishing the terms of the Bonds. "Contingency Fund" means the contingency fund to be established under the Bond Resolution and to be funded and disbursed as provided in Section 3.5 of this Agreement. "City" means the City of Roseville, Minnesota. "City's Authorized Representative" means the City's Community Development Director or other City staff designated in writing by the Community Development Director to serve that function. Certificate of Completion" means the certification provided to the Association, pursuant to Section 4.3 of this Agreement. "Completion Date" means the date of actual completion of the Housing Improvements as certified by the City's Authorized Representative pursuant to Section 4.3 hereof. 2