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<br />{00149157 12} 29. <br />13.15 Certificate of Completion <br /> <br /> Each individual homesite within the Development shall be deemed released from the <br />obligations of this Agreement and this Agreement may be disregarded as to such homesite upon <br />substantial completion of the homesite without further action by City or Developer and without <br />need to record a separate release. Substantial completion will occur when the City issues a <br />certificate of occupancy for the homesite. Such certification by the City shall be a conclusive <br />determination of satisfaction and termination of the agreements and covenants in this Agreement <br />as to such homesite. The City agrees to provide to the Developer a final certificate of completion <br />and release once the City determines that all obligations of the Developer and Owner under this <br />Agreement have been fully performed and all warranty periods for which Developer has <br />deposited a financial guaranty have expired. <br /> <br />