R2013-35 RECEIVING AND FILING PROPOSED REDEVELOPMENT AGREEMENT

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I i i on the first day of each month thereafter until Substantial Completion of the Project which will provide the City with information concerning costs of the Project, leasing and sales activities, design of the Project, financing efforts and other matters relevant to the development and construction of the Project i 2.3 Plans. The Project is subject to final approval of all Plans, including Preliminary and Final Site Plans,as per requirements of the City of Decatur. I 2.4 Changes in Plans. Any substantial deviation from the Preliminary Plans will require City approval. 2.5 Final Site Plan. But no later than the submission of the Construction Plans, the Redeveloper shall submit to the City a Final Site Plan. The City shall review the Final Site Plan for the purpose of determining compliance with the Preliminary Plans,the Redevelopment Plan,this Agreement and Applicable Law. 2.6 Construction Plans. The Redeveloper shall submit to the City no later than forty-five (45) days prior to the commencement of construction, the construction plans for the Project(the "Construction Plans"). The City shall, within thirty (30) days from receipt, approve or disapprove the Construction Plans for the Project, after reviewing said plans for compliance with Applicable Law, including but not limited to the life safety and zoning regulations, and conformance with the Preliminary Plans and Final Site Plan. If the City disapproves the Construction Plans, the Redeveloper shall submit revised plans within a reasonable time from the date of rejection. Upon resubmission, the City shall review and approve or disapprove such revised plans within ten (10) days of submittal. This process shall repeat until the plans are approved by the City. 2.7 Amended Construction Plans. Prior to completion of the Project, if the Redeveloper desires to make any substantial change in the Construction Plans which significantly affects the appearance, function, or structural integrity of the Project, the Redeveloper shall submit the proposed change to the City for its approval. If the Construction Plans, as modified by the proposed change, conform to the requirements of the Redevelopment Plan and this Agreement,meet Applicable Law and do not create a fundamental change in the nature, size or aesthetics of the Project, the City shall approve the proposed change and notify the Redeveloper in writing of its approval. If the City disapproves of such change, it shall notify the Redeveloper in writing with specificity as to the reasons for the disapproval, in which event the Redeveloper may submit a revised change within a reasonable time thereafter. This process shall repeat until the revised plans are approved by the City or the change is abandoned by the Redeveloper. If such change is not so approved or rejected in writing within ten(10)working days of receipt of the submission to the City from the Redeveloper, such change will be deemed approved. 2.8 Commencement and Completion Requirements. 4