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TABLE OF CONTENTS <br />Page <br />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 DEVELOPER'S CONSTRUCTION OF THE MINIMUM <br />IMPROVEMENTS 7 <br />Section 5.1 Required Approvals 7 <br />Section 5.2 Submission of Construction Plans 8 <br />Section 5.3 Review of the Construction Plans 8 <br />Section 5.4 Commencement and Completion of Construction of the <br />Minimum Improvements <br />Section 5.5 Certificate of Completion <br />ARTICLE VI ESTABLISHMENT OF THE TAX INCREMENT DISTRICT <br />Section 6.1 Establishment of the Tax Increment District <br />Section 6.2 Termination Right if TIF District Not Established <br />ARTICLE VII TIF FINANCING <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 />Reimbursement <br />Issuance of the TIF Note <br />Interest <br />Payments <br />TIF Note Shall Be a Limited Obligation of the City <br />Conditions Subsequent <br />Terms of the TIF Note <br />i <br />9 <br />9 <br />9 <br />9 <br />9 <br />10 <br />10 <br />10 <br />10 <br />10 <br />10 <br />10 <br />11 <br />2695614v8 <br />12/17/10 <br />