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Davis Square Partners, LLC - City of Somerville

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L. FINANCIAL DEPOSIT<br />

<strong>Davis</strong> <strong>Square</strong> <strong>Partners</strong> has included a $10,000 deposit with this response and is allowing<br />

the <strong>City</strong> to use this deposit to fund site activities needed. In addition, if selected as the<br />

Preferred Developer, <strong>Davis</strong> <strong>Square</strong> <strong>Partners</strong> agrees to make the deposit <strong>of</strong> 10% <strong>of</strong> the purchase<br />

price at the time <strong>of</strong> execution <strong>of</strong> the LDA.<br />

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