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i. On -site renewable energy (examples may include installation of <br />solar panels and /or geothermal energy systems) and/or a smart grid <br />system with advanced energy metering; and <br />ii. A car and/or bicycle share program, ample bicycle facilities, <br />including dedicated, secure storage areas, and electric vehicle <br />charging stations, or other alternative transportation options. <br />In the event that the aforementioned design options require additional <br />studies, approvals or permits, Developer and the City agree to share <br />associated costs, to the extent mutually agreeable. <br />In addition to the foregoing. Developer must comply with the <br />requirements of Section 1339 of the municipal code, which address storm <br />water management. <br />5. Timing Requirements. <br />a. Developer anticipates commencing construction of the Project no later <br />than three months after the expiration of the Due Diligence Period and <br />anticipates completing construction of the entire Project not later than 48 <br />months after the expiration of the Due Diligence Period, subject to <br />"Uncontrollable Delays" (the definition for which shall include customary <br />force majeure concepts, permit delays of no longer than 180 days and <br />other mutually agreed upon permissible delays in the Development and <br />Use Agreement), as evidenced by delivery of certificates of occupancy for <br />each component of the Project. <br />Notwithstanding the anticipated schedule reflected in Section 5(a) above, <br />and subject to Uncontrollable Delays, in all events: <br />Developer shall complete construction of the office and retail <br />components of the Project no later than December 31, 2022, as <br />evidenced by a certificate of completion executed by Developer's <br />architect and evidence that such component of the Project has <br />received all applicable City approvals necessary to obtain a <br />certificate of occupancy upon completion of any tenant- specific <br />work ("Substantial Completion - Commercial "); <br />Developer shall complete construction of the Public Plaza and <br />structured parking components of the Project no later than <br />December 31, 2022, as evidenced by sufficient completion to make <br />such components ready for public use ( "Substantial Completion — <br />Public Components "); <br />iii. Developer shall complete renovation of the Curtis Block building <br />no later than December 31, 2021, to the point of Substantial <br />Completion - Commercial; and <br />4832 -1246- 5749.18 <br />