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the Restricted Fund) after the completion of the clean -up and the <br />redevelopment project shall be returned to Guerin. <br />3. NOTICES. The City shall forwardthe following notices to Guerin by mailing <br />such notices to David Guerin at 5635 Turtle Lake Road, Shoreview, MN 55126: <br />A. Redevelopment Proposal Notice. The City Administrator shall notify Guerin <br />of redevelopment proposals received by the City for the Property and shall <br />provide updates at least every six (6) months as to the status of such <br />applications. <br />B. Hearing Notices. The City Administrator shall notify Guerin of any public <br />hearings which are held by the City in connection with review of a <br />redevelopment proposal for the Property. <br />C. Funding Notice. Upon approval of a redevelopment concept for the Property, <br />the City Administrator shall send a notice to Guerin indicating the funding <br />sources which are being pursued by the City or the developer for the recovery <br />of clean -up costs including, but not limited to, county and state development <br />grants. Guerin shall have thirty (30) days to review the City's funding efforts <br />and to provide any additional funding sources Guerin believes the City should <br />investigate as to the redevelopment project. <br />4. FIVE (5) YEAR REFUND. If a redevelopment project for the Property has <br />not been approved and undertaken within five (5) years of the Commencement Date, the <br />4 <br />