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provided in the TIF Act) and paid into the Special Allocation Fund but excluding therefrom any taxes imposed on sales or charges for sleeping rooms paid by transient guests of hotels and motels, licenses, fees or special assessments and personal property taxes, other than payments in lieu of taxes.~he yearly payments in lieu of taxes shall be prorated on the basis of 30~ days to the month). "Work": All work necessary to prepare the Property and to implement the Redevelopment Project including, but not limited to relocation in accordance with the Redevelopment Policy of the residents and businesses on the Property; construction of public improvements; demolition and removal of all existing buildings and improvements located on the Property, clearing and grading of the Property, relocation of existing utilities, construction of retaining structures, and installation of stormwater control and detention facilities, all as necessary to prepare the Property for commencement of construction; and construction on the Property of a retail shopping center which is composed of a grocery store containing approximately 62,000 square feet and additional retail space containing approximately 18,000 square feet but excluding the development of outparcels, all as depicted in the Concept Site Plan and in accordance with the Redevelopment Proposal. "Zoning Approvals": All plat approvals, re-zoning or other zoning changes, site plan approvals, conditional use permits, or other subdivision, zoning, or similar approvals required for the implementation of the Redevelopment Project and consistent with the Redevelopment Plan. ARTICLE II. ACCEPTANCE OF PROPOSAL 2.1 Developer Designation. The City hereby accepts the Redevelopment Proposal and designates Developer to acquire the Property and to perform the Work in accordance with the Redevelopment Plan and the Redevelopment Project and as provided in this Agreement. 2.2 Developer to Advance Costs. Developer agrees to advance all Eligible Redevelopment Project Costs as necessary to acquire the Property and to complete the Work, all subject to Developer's right to abandon the Redevelopment Project and terminate this Agreement as set forth in paragraph 7.1 of this Agreement. Additionally, Developer shall advance to the City the total sum of up to $30,000.00 to pay such Redevelopment Project Costs incurred by the City prior to the date of issuance of any TIF Notes, which sum shall be advanced contemporaneously with the execution of this Agreement. Any amounts advanced to the City by Developer shall be eligible for reimbursement exclusively from -- 6 -- STL-535046