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16 <br /> <br /> <br />EXHIBIT C <br />Description of Local Public Improvements <br />As of the date of this Agreement, it is the parties intent that the Commission will complete, <br />or cause to be completed, the following work in accordance with the terms and conditions of this <br />Agreement and in compliance with all applicable laws and regulations: <br />• Site and foundation preparation and work; and <br />• Pavement of sidewalks, parking lot, other paved surfaces; and <br />• Stormwater related expenses including overall drainage systems; and <br />• Any other local public improvements eligible to be paid from tax increment finance <br />revenues as agreed upon between the Parties. <br />Upon receipt and approval of the contract amounts relating to the Local Public <br />Improvements, the Parties shall identify contracts, or portions thereof, with an aggregate <br />value equal to the Funding Amount. The Parties may thereafter transfer or assign, in whole <br />or in part, any such contracts necessary to implement the Project Plan to the Developer or <br />its affiliates. It is understood between the Parties that the Commission will contribute an <br />amount not to exceed the Funding Amount specified in Section 1.3 of this Agreement for <br />the Local Public Improvements. The Developer shall have the sole responsibility to fund <br />any and all costs associated with Local Public Improvements which exceeds this amount. <br />Any and all costs associated with improvements not explicitly described above and not <br />approved pursuant to Section 4.9 (“Specifications for Local Public Improvements”) or that <br />require funding above the Funding Amount are the sole responsibility of the Developer. <br />