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<br />any research for and the preparatiorr of <br /> <br /> <br />applications for revenue rulings, agreements, <br /> <br />and resolutions relating to the sale of bonds <br /> <br /> <br />and all other services necessary or incidental <br /> <br /> <br />to the planning of, preparation for the financing <br /> <br /> <br />of the project; and <br /> <br /> <br />C. Such other expenses as are reasonably incurred <br /> <br />by the City in direct connection with the <br /> <br /> <br />planning and preparation, the financing and <br /> <br />construction of the project; and <br /> <br /> <br />D. It is understood and agreed that the expenses <br /> <br /> <br />referred to in Subparagraphs A through C above <br /> <br />shall not exceed or such higher <br /> <br /> <br />amount as may be mutually agreed to and such <br /> <br />cost shall be confined and limited to out-of- <br /> <br /> <br />pocket outside expenses and shall not be <br /> <br /> <br />construed to include salaries or other costs <br /> <br /> <br />ordinarily incurred by the City. <br /> <br /> <br />E. It is agreed that the City will not proceed <br /> <br />with the above cost related studies and <br /> <br />investigations until the Developer has made <br /> <br />available to the City in an acceptable manner, <br /> <br /> <br />an amount in cash, or other acceptable form <br /> <br /> <br />of assignable credit, a sum equal to the City's <br /> <br /> <br />cost of undertaking such studies. Such money <br /> <br />shall be released to the Developer upon the <br /> <br /> <br />signing of a joint development agreement guaranteeing <br /> <br />the construction of the planned development. <br /> <br />-7- <br />