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5.2 Obtain Permits and Other Approvals. Developer shall obtain all building and <br /> construction permits, licenses, easements and land use and other approvals necessary to obtain, <br /> establish, or construct the Phase I Site Components to the extent otherwise provided herein. <br /> Developer shall in its reporting described in Section 2.1.5 of this Agreement advise DHA and the <br /> City as to the status of the processing of all applications necessary to obtain all governmental <br /> approvals required in accordance with this Agreement and the Construction Documents. <br /> 5.3 Compliance with Laws and Permits. Developer shall develop and shall cause the <br /> Architects to design and the General Contractor(s) and all Contractors to construct the Phase I Site <br /> Components in compliance with this Agreement,all Legal Requirements and Environmental Laws. <br /> 5.4 Reserved. <br /> 5.5 Reserved. <br /> 5.6 Construction. Developer shall be solely responsible for causing the construction and <br /> completion of the Phase I Site Components in accordance with this Agreement, applicable Legal <br /> Requirements,and the following approved documents:the other Contract Documents,the applicable <br /> Construction Budget,the Construction Documents as defined in Section 6.7 of this Agreement. The <br /> Developer will select, subject to DHA review and approval as described in Section 1.12 of this <br /> Agreement, one or more general contractor experienced in the construction of large scale housing <br /> developments for the development of the Phase I Site pursuant to one or more Construction <br /> Contracts which shall be subj ect to review and approval by DHA(the"General Contractor"). The <br /> DHA shall review and approve all plans and documents described in this Section 5.6. The City shall <br /> review and,if acceptable to the City,will approve all plans and documents described in this Section <br /> 5.6 for Infrastructure Improvements for which it will accept dedication upon satisfaction of all <br /> applicable governmental conditions. Developer shall provide for,among other things,the following <br /> services and considerations. <br /> 5.6.1 Construction Contract. Any Construction Contract shall be a guaranteed <br /> maximum cost construction contract and shall meet the requirements of this Agreement, including <br /> without limitation the requirements of 5.6.2 of this Agreement. Subject to payment in full of the <br /> Developer,the Construction Contract shall be assignable to DHA in the event of termination of this <br /> Agreement and shall be consistent with applicable requirements of II-iDA. <br /> 5.6.2 Insurance,Bonds,and Warranties Required of the General Contractor. <br /> Each Construction Contract shall require the General Contractor(s)to provide in a form reasonably <br /> necessary to comply with Illinois statutes:(a)insurance required by this Agreement;(b)performance <br /> and payment bonds reasonably satisfactory to all lenders, including DHA and the City; (c) a <br /> warranty of good title to materials,equipment and supplies incorporated in the work including lien <br /> waivers from each subcontraetor and supplier as each has been paid and at the termination of its <br /> contract; and(d) a warranty that the work performed under the Construction Contract(s)conforms <br /> with the Construction Documents and is free of any defect in equipment,material or workmanship. <br /> The warranties shall continue for the period standard in the industry but in any event not less than <br /> one year from the later of the date of final acceptance of the work,or the issuance of a certificate of <br /> occupancy for the improvements warranted. <br /> Decatur Housing Authority Near North Impact Area Development Agreement <br /> Page 23 <br />