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20041`247 nection with a grant agreement or agreements for a charitable contributions or contributions for the Project entered into by Heartland). Heartland shall provide for the planning and design of the Project and shall contract for the construction of the Project. Heartland shall be responsible for administration and oversight of engineers, architects and contractors and performance of their respective contracts relating to the Project. Heartland, in the Declaration or by another related instrument executed by Heartland or any other appropriate party, shall provide or shall cause to be provided to the City a permanent easement to use an area within the existing facilities of Fonner Park to serve as the entrance and lobby for the Project. Such easement shall also provide for parking rights for the general public for events at the Project for parking without charge or at charges to be agreed to by the City and Heartland from time to time; provided, however, such parking for events at the Project shall be subject to reasonable restrictions of Fonner Park to accommodate patrons of Former Park during the race meet or other similar activities of Fonner Park involving a large number of patrons. The permanent easement shall represent an interest in real estate that shall run with the title to the Project. 5. PAYMENTS BY CITY. The City shall pay to Heartland or to the Trustee upon assignment pursuant to the Building Bond Indenture the following amounts pursuant to this .-\greement: a. Basic rent in an amount sufficient to pay as the same fall due principal and inter- est on the Building Bonds. The amounts of the installments and the schedule of payments shall be specified in a supplement to this Agreement delivered by Heartland to the City at the time of issuance of the Building Bonds and the exe- cution and delivery by Heartland of the Building Bond Indenture. The Building Bonds shall be issued in an amount sufficient to provide net proceeds available for deposit to the Construction Fund in the amount of S7,500,000.00. In such connection the City and Heartland both recognize that the Building Bonds will be required to be issued for additional amounts in excess of S7,500,000.00 in order to provide for any deposit required to be made to the Debt Service Reserve Fund and for payment of issuance expenses related to the Building Bonds. All basic rents payable by the City shall be payable solely from general taxes (including ad valorem tax and sales tax) and not from any other fund or resource of the City. b. Additional rent to be paid as incurred consistine of the following: Pees and "senses of the Trustee annually as statements are rendered by the Trustee to the City. ?. Any expenses incurred in makine any audit of Heartland requested by the City, the Trustee or any other person or entity with rights to request any such audit under the terms of the Building Bond Indenture. 5