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<br />i <br />516911v1 JAE MU205-47 <br />TABLE OF CONTENTS <br /> <br /> Page <br />PREAMBLE ............................................................................................................................................ 1 <br /> <br />ARTICLE I <br />Definitions <br /> <br />Section 1.1. Definitions .......................................................................................................................... 2 <br /> <br />ARTICLE II <br />Representations and Warranties <br /> <br />Section 2.1. Representations by the Authority ........................................................................................ 5 <br />Section 2.2. Representations and Warranties by the Developer ............................................................. 5 <br /> <br />ARTICLE III <br />Property Acquisition; Public Development Costs <br /> <br />Section 3.1. Status of the Development Property ................................................................................... 7 <br />Section 3.2. Contingencies ...................................................................................................................... 7 <br />Section 3.3. Environmental Conditions .................................................................................................. 7 <br />Section 3.4. Acquisition of Tax-Forfeited Property ................................................................................ 7 <br />Section 3.5. Public Development Costs; Developer Reimbursement ..................................................... 7 <br />Section 3.6. Issuance of Pay-As-You-Go TIF Note ............................................................................... 7 <br />Section 3.7. Payment of Administrative Costs ....................................................................................... 8 <br />Section 3.8. Records ............................................................................................................................... 8 <br />Section 3.9. Purpose of Assistance ......................................................................................................... 9 <br />Section 3.10. Grant ................................................................................................................................... 9 <br /> <br />ARTICLE IV <br />Construction and Maintenance of Minimum Improvements <br /> <br />Section 4.1. Construction of Improvements ......................................................................................... 10 <br />Section 4.2. Construction Plans ............................................................................................................ 10 <br />Section 4.3. Commencement and Completion of Construction ............................................................ 11 <br />Section 4.4. Certificate of Completion ................................................................................................. 11 <br />Section 4.5. Rental Housing Affordablity Covenants ........................................................................... 11 <br />Section 4.6. Disqualification of TIF District ........................................................................................ 12 <br />Section 4.7. Affordable Housing Reporting ......................................................................................... 12 <br /> <br />ARTICLE V <br />Insurance <br /> <br />Section 5.1. Insurance ........................................................................................................................... 13 <br />Section 5.2. Subordination .................................................................................................................... 14 <br />