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�m ���� ����m �:1� <br /> ARTICLE V: CONDITIONS PRECEDENT TO CITY OBLIGATIONS AND ONGOING <br /> BENEFITS <br /> 5.1 Conditions Precedent to Transaction. The City's obligations under this Agreement <br /> (including, without limitation, the obligation for Public Investment) shall, for the <br /> Project, be subject to: <br /> (a) Insurance. Proof that the policies of insurance of the types and coverages <br /> specified in Section 2.13 hereof have been obtained and are in force with <br /> regard to the Project. <br /> (b) Plans. Approval of the Plans and construction plans for the pursuant to Article <br /> II hereof. <br /> (c) Construction Contracts. Executed construction contracts covering the <br /> consri-uction of the Project. <br /> (d) Declaration of Covenants, Uses and Restrictions. Declarations of Covenants, <br /> Uses and Restrictions in the form attached hereto as EXHIBIT 4 executed by <br /> the Redeveloper covering the Project and the Project Site. <br /> (e) Approvals. A certificate by the manager or authorized officer of the <br /> Redeveloper, as the case may be, that all of the approvals necessary to <br /> proceed with the Project as intended herein have been obtained including the <br /> approval of this Agreement. <br /> CITY OF DECATUR/FirsTech Red.Agreement 8 <br /> Page ]08 of 161 <br />