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6. Development Agreements. The City acknowledges that because the Redevelopment Projects contain multiple components, the Redeveloper will be required to form various ownership entities. The City agrees that separate Development Agreements may be required for the various Redevelopment Project components. It is expected the final Development Agreements will address, but may not be limited to, the following matters, as applicable, as well as other items the parties acknowledge may be material to the Projects, all on terms and conditions mutually agreeable to the parties: (a) Public assistance package including any tax increment financing ( "TIF "), grants or loans. (b) Construction of the minimum improvements. (c) Transfer of ownership of the Redevelopment Properties to the Redeveloper. (d) Redeveloper's financing plan for each Redevelopment Project. (e) Environmental assessments, wetland delineation (if any), property surveys, and other reports or studies including resolution of issues identified as a result of these studies. (f) An affordability covenant for the Rental Housing Component which is currently anticipated to be 20% of the units at 50% percent of median income. (g) Governmental approvals and permits. (h) Landscaping, public infrastructure and improvements, and erosion control. (i) Recovery /imposition of City costs and fees. (j) Provisions of sureties for landscaping, soil and water control, and public improvement damage replacement. (k) Terms of default and remedies for same. (1) Redeveloper contingencies to closing. (m) Redeveloper repayment guaranty relating to City expenses in connection with acquisition of the Southeast Property. 7. Public Assistance. To achieve the Redevelopment Projects, it is anticipated that the final Development Agreements will contain provisions addressing a variety of forms of public financial assistance that may be necessary in order to accomplish the projects as set forth below. The City is willing to consider all available TIF resources to the extent the sources are available and the development demonstrates 3