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ARTICLE I RECITALS 1 <br />ARTICLE II DEFINITIONS 1 <br />Section 2.1 Definitions 1 <br />ARTICLE III REPRESENTATIONS, WARRANTIES AND COVENANTS 5 <br />Section 3.1 Representations and Warranties of the City and the HRA 5 <br />Section 3.2 Representations, Warranties and Covenants of Developer 6 <br />ARTICLE IV PURCHASE AGREEMENT 7 <br />Section 4.1 Purchase Agreement 7 <br />Section 4.2 Relationship Between this Agreement and the Purchase <br />Agreement 7 <br />Section 4.3 Right of Reverter 7 <br />ARTICLE V <br />ARTICLE VI <br />Section 6 <br />Section 6 <br />ARTICLE VII <br />2695614v5 <br />11'18'10 <br />Section 5 <br />Section 5 <br />Section 5 <br />Section 5 <br />Section 5 <br />Section 7.1 <br />Section 7.2 <br />Section 7.3 <br />Section 7.4 <br />Section 7.5 <br />Section 7.6 <br />Section 7.7 <br />TABLE OF CONTENTS <br />DEVELOPER'S CONSTRUCTION OF THE MINIMUM <br />IMPROVEMENTS 7 <br />.1 Required Approvals 7 <br />.2 Submission of Construction Plans 8 <br />.3 Review of the Construction Plans 8 <br />.4 Commencement and Completion of Construction of the <br />Minimum Improvements 9 <br />.5 Certificate of Completion 9 <br />ESTABLISHMENT OF THE TAX INCREMENT DISTRICT 9 <br />.1 Establishment of the Tax Increment District 9 <br />.2 Termination Right if TIF District Not Established 9 <br />TIF FINANCING 10 <br />Reimbursement 10 <br />Issuance of the TIF Note 10 <br />Interest 10 <br />Payments 10 <br />TIF Note Shall Be a Limited Obligation of the City 10 <br />Conditions Subsequent 10 <br />Terms of the TIF Note 11 <br />Page <br />