Laserfiche WebLink
will coordinate his grading plan, the size and dimensions thereof, <br />utility facilities for common use of the Shopping Center and the public, <br />storm sewers including drains, surface drainage installations in the <br />parking lot, sanitary sewers, including taps for connecting to private <br />property, with the plans for design and engineering of Shopping Center. <br />D. Procedures subsequent to levy of assessments: <br />1. Timin for creation of lien of assessment. When the <br />Developer has acquired title to Shopping Center and has satisfied <br />the City Council that steps have been taken which satisfactorily <br />guarantee that construction of marketing facilities will be completed, <br />then the following steps with respect to the assessment district <br />(other than assessment district 1974-1) and the construction of the <br />reservoir will occur in .accordance with the order herein established: <br />(a) Permits required for the initial phases of construc- <br />tion of the Regional Shopping Center will have been obtained from the <br />City and appropriate departments and agencies of the State of California <br />and the Federal Government provided that the City may issue permits <br />sequentially as needed. <br />(b) Bond maturity schedule will be agreed upon between <br />Developer and City. <br />(c) City will cause the assessments theretofore levied <br />in assessment districts heretofore described to be recorded which, <br />upon such recordation, will become a lien upon the properties assessed, <br />and the City will cause the necessary steps to be undertaken to cause <br />the construction of the reservoir. <br />2. The word "guarantee" used in preceding Paragraph III-D-1 <br />above is defined as documentation that includes, but is not limited to, <br />execution between the appropriate parties of a Reciprocal Easement and <br />Operating Agreement, an executed agreement between Developer and a licensee <br />contractor to construct the Shopping Center Mall, and evidence that a <br />- 7 - <br />F <br />