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Exhibit C attached. The funds received or to be received by City under the Existing Funding Sources are to be applied to the Traffic Mitigation Improvements Costs. City, and not Developer, shall be responsible for collecting the Existing Funding Sources. d. Net Estimated Traffic Mitigation Improvements. Costs. After deducting the Existing Funding Sources from the Estimated Traffic Mitigation Improvements Costs, the remaining Traffic Mitigation Improvements Costs ("Net Estimated Traffic Mitigation Improvements Costs") is $954,750, as shown on Exhibit D attached hereto, 2. Developer's Share of Net Estimated Traffic Mitigation Improvement Costs. a. Developer's Percentage Share Developer's Estimated Required Payment. A list of the projects that will contribute ("Contributing Projects") to the Traffic Mitigation Improvements Costs is shown on Exhibit D. As shown on Exhibit D, Developer's share of the Net Estimated Traffic Mitigation Improvements Costs (calculated as a percentage) shall be twenty-six and four tenths percent (26.4%) (Developer's Percentage Share"). Developer's share of the Net Estimated Traffic Mitigation Improvements Costs (in terms of present dollars) is $252,054 ("Developer's Estimated Required Payment"). b. Adjustment of Developer's Percentage Share and Developer's Estimated Required Payment. Developer's Percentage Share and Developer's Estimated Required Payment shall only be adjusted as specifically provided in this Restated Reimbursement Agreement. 3. Developer's Payments. a. Payment of Net Estimated Traffic Mitigation Improvements Costs. Subject to Developer's responsibility for increased costs (pursuant to Section 6) and City's responsibility for reimbursement to Developer (pursuant to Section 7), Developer or its successor shall pay to City either the Net Estimated Traffic Mitigation Improvements Costs or, if the actual costs of the Traffic Mitigation Improvements have been determined by bid, the Net Actual Traffic Mitigation Improvements Costs, not to exceed $954,750, for the Traffic Mitigation Improvements; provided, however, that if some (or all) of the Traffic Mitigation Improvements have been funded, the Net Estimated or Net Actual Traffic Improvement Costs shall be reduced by that funded amount. Subject to the proviso in the previous sentence, Developer shall pay the Net Estimated or Net Actual Traffic Mitigation Improvements Costs (or that portion of said costs needed to construct the Traffic Mitigation Improvements required to be constructed under this section; whichever is less) when, after the date of this Restated Reimbursement Agreement, (1) Developer obtains a building permit for any portion of its project identified on Exhibit D and (2) as a result of the projected traffic from the project, the City Engineer reasonably determines that the LOS at any intersection (AGREEMENTS\SRIDGI CL.SAM) 3