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and development of the north pad. These activities will occur between April, 1998 and 7une, 2001. Exhibit F--Continuing Partv Ground Lease This lease will come into play only if either the county or the district terminates the agreement because the conditions precedent cannot be satisfied. In that event either party has 90 days to exercise the option of leasing the entire Senator Block from the two real property owners for a term of 75 years. The lease will include the preliminary plan for a project, which can include government or private offices, retail stores, professional offices, hotels, residential uses, and transit related uses. The leasee will have one year to commence construction of the project, and 1 S months to complete the project. No rent will be paid for the ground until the project is completed. Thereafter, rent will be paid at the fair market value on the land. The leasee can mortgage its interest as leasee for purposes of financing the project. The leasee can also assign or sell its interest in the project once it is done. Before that time, the leasee can sublet all or part of its interest. This allows the leasee to undertake a joint development or to rent space. The leasee will be full and solely responsible for taxes, assessments, liability insurance, and other expenses incident to control of the land. The landlord has not duties and will be fully indemnified. Upon termination of the lease the improvements belong to the lessor. Exhibit G--FTA Contract Clauses Because the county and the district are involved in a joint project funded in part by an FTA grant, these clauses are added as a condition of the grant. chsq:devagree.sum