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TABLE OF <br /> CONTENTS <br /> Page <br /> ARTICLE V. PUBLIC IN-VESTMENT.................................................................................................10 <br /> 5.1 Public Investment....................................................................................................................10 <br /> 5.2 Annual Payment......................................................................................................................10 <br /> ARTICLE VI: CONDITIONS PRECEDENT TO CITY OBLIGATIONS AND ONGOING <br /> BENEFITS.................................................................................................................................................10 <br /> 6.1 Conditions Precedent to Transaction....................................................................................10 <br /> ARTICLE `II: REDEVELOPER COVENANTS AND RESTRICTIONS........................................11 <br /> 7.1 Police Facility Subject to Redevelopment Plan and Agreement..........................................11 <br /> 7.2 Non-discrimination..................................................................................................................11 <br /> 7.3 Property Taxes.........................................................................................................................11 <br /> 7.4 Duration of Covenants............................................................................................................12 <br /> 7.5 Covenants Running with the Land........................................................................................12 <br /> 7.6 Covenants Bindina for the Benefit of Citv............................................................................12 <br /> 7.7 Forms of Covenants and Restrictions....................................................................................12 <br /> ARTICLE `III: INDEWNIFICATION.................................................................................................12 <br /> 8.1 The Redeveloper's Indemnification of the City....................................................................12 <br /> 8.2 City Indemnification of the Redeveloper...............................................................................13 <br /> ARTICLE IX: PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER..............................14 <br /> 9.1 Prohibition Against Transfer of Police Facility, the Police Facility Site or the Police <br /> Facilitv Lease Prior to Completion of Construction..........................................................................14 <br /> 9.1.1 Prohibitions........................................................................................................................................14 <br /> 9.1.2 Conditions for Approval ...................................................................................................................14 <br /> 9.1.3 Transfer of Redeveloper's Interest Pursuant to Article XIV.........................................................15 <br /> 9.2 Transfer of Police Facility,the Police Facility Site or the Police Facility Lease after <br /> Completionof Construction ................................................................................................................15 <br /> 9.2.1 Transfer of Assignment After Commencement of Police Facility Lease.......................................16 <br /> 9.2.2 Assignment After Completion ..........................................................................................................16 <br /> 9.3 Status of Assianee....................................................................................................................16 <br /> 9.4 Assignment to Affiliated Entity..............................................................................................16 <br /> 9.5 No Release of Redeveloper......................................................................................................17 <br /> ARTICLE X: DEFAULT AND REMEDIES.........................................................................................17 <br /> 10.1 Events of Default......................................................................................................................17 <br /> 10.2 Remedies Upon Default...........................................................................................................17 <br /> 10.3 Other Rights and Remedies of City and Redeveloper: Delay in Performance Waiver.....17 <br /> 10.3.1 No NVaiver by Delay......................................................................................................................17 <br /> 10.3.2 Rights and Remedies Cumulative................................................................................................1S <br /> 10.3.3 Delay in Performance...................................................................................................................IS <br /> ii <br />