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19 <br /> (b) At Closing the Redeveloper shall deliver to the City: <br /> <br /> (1) The balance of the Purchase Price, plus or minus pro rata costs between <br />the City and Redeveloper as set forth herein. <br /> <br /> (2) Park dedication fees for the Redevelopment Property, subject to whatever <br />alternative arrangement may be agreed to by the City as part of the governmental <br />approvals to be obtained by Redeveloper. <br /> <br /> (3) An executed Declaration of Restrictive Covenants and Prohibition Against <br />Tax Exemption. <br /> <br /> (4) A signed subdivision agreement required by the City with regard to the <br />governmental approvals obtained by Redeveloper, along with a form of security, <br />acceptable to the City for the cost of the public improvements. <br /> <br />ARTICLE V <br /> <br />CONSTRUCTION OF PUBLIC, SITE <br />AND MINIMUM IMPROVEMENTS <br /> <br /> Section 5.1. Construction of Public Improvements. The Redeveloper shall design, <br />construct and pay for the Public Improvements set forth on Exhibit F in accordance with City <br />specifications, subject to such other arrangements as may be further detailed in the subdivision <br />agreement to be negotiated and entered into by Redeveloper and City. Before performing such <br />work, the Redeveloper shall furnish to the City any security required by City ordinance, which <br />are in the form of a cash deposit, letter of credit or bond (all subject to the review and approval <br />by the City as to amount, form and provider) and evidence that the Redeveloper has obtained any <br />required governmental approvals. <br /> <br />Section 5.2. Construction of Site Improvements. The Redeveloper shall construct and <br />pay for all Site Improvements described on Exhibit G on the Redevelopment Property in <br />accordance with grading, drainage and other plans approved by the City and any other required <br />governmental authority. Before performing such work, the Redeveloper shall furnish to the City <br />any security required by City ordinance, which are in the form of a cash deposit, letter of credit or <br />bond (all subject to the review and approval by the City as to amount, form and provider) and <br />evidence that the Redeveloper has obtained any required governmental approvals. <br /> <br /> Section 5.3. Construction of Storm Water Ponding. Storm water ponding as required <br />for the Minimum Improvements shall be constructed by Redeveloper in accordance with a storm <br />water management plan. The plan may require temporary storage of water to accommodate the <br />initial Minimum Improvements. Redeveloper shall coordinate the design of the storm water <br />pond with City. <br /> <br /> Section 5.4. Construction of Minimum Improvements. The Redeveloper shall construct <br />the Minimum Improvements in accordance with the Construction Plans approved by the City.