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ARTICLE 8 INSURANCE 8.1 The Owner will insure, or cause to be insured, the Non-Market Units and all buildings and structures on the Lands to the full replacement cost thereof against perils normally insured against by reasonable and prudent owners of similar buildings and lands in Burnaby and those additional policies set out in Appendix B attached hereto. 8.2 Upon request, the Owner will provide to the City proof of insurance coverage required by section 8.1 of this Agreement.

Proportion of Total 2026 Revenue 2026 Funding Source % of Total Revenue Taxation Revenue 44.8% Sale of Goods and Services 19.5% Other Revenue 9.7% Investment Income 8.1% Transfer from Other Governments 6.4% Transfers from Restricted Funds and Development Cost Charges 4.1% Contributed Asset Revenue 2.9% Parcel Taxes 2.9% Growth Infrastructure Investment 1.6% Total 100.0% The proportion of total revenue raised from each funding source in 2026 is presented in the table above.

An owner shall provide one of the following two moving compensation options to each eligible household or eligible caretaker at the eligible household’s or eligible caretaker’s, as applicable, option: (a) Option 1: moving arranged by the owner, in which case the owner shall: i. arrange and pay the cost for an insured moving company to relocate the eligible household or eligible caretaker from their prior unit to their interim housing within the regional district of Metro Vancouver; ii. provide packing supplies, if requested by the eligible household or eligible caretaker; and iii. pay for any move-in fees that are charged by the owner or property manager of the interim housing for the eligible household or eligible caretaker to move into interim housing; or (b) Option 2: flat rate moving compensation in the following amounts, based on the unit type of the eligible household’s or eligible caretaker’s prior unit: i. $900 for studio or one-bedroom units; ii. $1,200 for two-bedroom units; or iii. $1,400 for three-bedroom or larger units. 3.

(f) Security for Performance of Terms of Heritage Alteration Permit The amount of security is to be based on the final cost estimates to undertake and/or remedy the works, submitted by a qualified professional and approved by the General Manager, and the cost estimate at the time of expiration of the permit shall apply.

ARTICLE 6 INSURANCE 6.1 The Owner will insure, or cause to be insured, the Non-Market Rental Units to the full replacement cost thereof against perils normally insured against by reasonable and prudent owners of similar buildings and lands in Burnaby and those additional policies set out in Appendix B attached hereto. 6.2 Upon request, the Owner will provide to the City proof of insurance coverage required by section 6.1 of this Agreement.

ARTICLE 6 INSURANCE 6.1 The Owner will insure, or cause to be insured, the Non-Market Rental Units to the full replacement cost thereof against perils normally insured against by reasonable and prudent owners of similar buildings and lands in Burnaby and those additional policies set out in Appendix B attached hereto. 6.2 Upon request, the Owner will provide to the City proof of insurance coverage required by section 6.1 of this Agreement.

PART 5: DESIGN AND PROVISION OF WORKS AND SERVICES 5.1 Subject to section 6.1, the responsibility for and cost of designing, constructing, providing, altering or replacing works and services as required by this bylaw and any applicable servicing agreement shall be borne by the owner. 5.2 Subject to section 6.1, prior to the approval of a subdivision or the issuance of a building permit for a development, as applicable, the owner shall, at the sole cost of the owner: (a) submit an application to the City in respect to the works and services required by this bylaw for the subdivision or development; (b) pay all applicable fees set out in the Burnaby Consolidated Fees and Charges Bylaw; (c) provide such information, documents and materials as may be required by the General Manager Engineering which, in the opinion of the General Manager Engineering, are required to process and approve the application; (d) enter into a servicing agreement with the City; and (e) deposit security in the amount determined by the Approving Officer, Servicing Officer or Chief Building Inspector, after consultation with the General Manager Engineering, having regard to the cost of installing and paying for the works and services required by this bylaw and secured by the servicing agreement.

ARTICLE 6 INSURANCE 6.1 The Owner will insure, or cause to be insured, the Rental Units and all buildings and structures within the Remainder Parcel to the full replacement cost thereof against perils normally insured against by reasonable and prudent owners of similar buildings and lands in the City of Burnaby and those additional policies set out in Appendix B attached hereto. 6.2 Upon request, the Owner will provide to the City proof of insurance coverage required by Section 6.1 of this Agreement.