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<br />Shennan pursuant to the Sherman Agreement and the Future Development Site). The Redeveloper <br />shall construct the remaining Group B Public Improvements on each Tract in coordination with the <br />City's performance of the work described in subparagraph (i) above. <br /> <br />Section 5.2. Construction of Site Improvements. The Redeveloper shall construct and pay <br />for all Site Improvements described on Schedule F on its portion of 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 any <br />security required by City ordinance and evidence that the Redeveloper has obtained any required <br />governmental approvals. <br /> <br />Section 5.3. Preliminary Plans and Construction Plans. <br /> <br />(a) Preliminary Plans. Prior to the commencement of construction of the Minimum <br />Improvements, the Redeveloper and Sherman shall jointly submit Preliminary Plans for the entire <br />Project to the City for the customary site plan review and approval process. The Preliminary Plans <br />will show the Future Development Site as a separate parcel. The Preliminary Plans shall conform to <br />the Site Plan, this Agreement, applicable State and local laws and regulations, and the NW Quadrant <br />Design Guidelines, insofar as said conformity may be determined at said preliminary stage. If approval <br />of the Preliminary Plans is requested in writing by the Redeveloper and Sherman at the time of <br />submission thereof to the City, the City shall approve or reject (in whole or in part) such Preliminary <br />Plans in writing within sixty (60) days after the date of receipt thereof. If no written rejection is <br />made within said sixty (60) days, the Preliminary Plans shall be deemed approved by the City. Any <br />rejection shall set forth in detail the reasons therefor. If the City rejects the Preliminary Plans, in <br />whole or in part, the Redeveloper and Sherman may submit new or corrected Preliminary Plans at <br />any time after receipt by the Redeveloper and Sherman of the notice of rejection. The provisions of <br />this Section relating to approval, rejection and resubmission of new or revised Preliminary Plans <br />shall continue to apply until the Preliminary Plans have been approved by the City. The City's <br />approval of the Preliminary Plans shall not be unreasonably withheld. <br /> <br />(b) Construction Plans. Prior to the Redeveloper's commencement of construction of the <br />Minimum Improvements, the Redeveloper shall submit to the City Construction Plans for the <br />Minimum Improvements. The Construction Plans shall provide for the construction of the Minimum <br />Improvements and shaH be in conformity with this Agreement, the Preliminary Plans, all applicable <br />state and local laws and regulations, and the NW Quadrant Design Guidelines. The City shall <br />approve the Construction Plans in writing if: (i) the Construction Plans conform to the terms and <br />conditions of the Preliminary Plans and this Agreement; (ii) the Construction Plans conform to all <br />applicable federal, State and local laws, ordinances, rules and regulations; (iii) the Construction <br />Plans are adequate to provide for the construction of the Minimum Improvements; and (iv) no Event <br />of Default has occurred and is continuing. <br /> <br />No approval by the City shall relieve the Redeveloper of the obligation to comply with the terms of <br />this Agreement, the terms of the Program, applicable federal, State and local laws, ordinances, rules <br />and regulations, or to construct the Minimum Improvements in accordance therewith. No approval <br />by the City shall constitute a waiver of any Event of Default. <br /> <br />23 <br />