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2. Construction on Project Site. V3~H agrees to <br />construct on the Project Site a comprehensive array of nonprofit <br />health care facilities and services. These health care facilities <br />and services shall be those which are consistent with the <br />health care needs of the citizens of Pleasanton and may include, <br />but are not limited to, an inpatient acute care facility, <br />emergency facilities, outpatient diagnostic and therapeutic <br />facilities, medical office facilities, skilled nursing facilities, <br />health promotion education facilities and health insurance <br />programs. Within two (2) years from the date of this Agreement <br />V~H shall begin construction of a medical office building, <br />outpatient diagnostic facilities and therapeutic facilities, <br />health promotion and education facilities, and a health insurance <br />program facility. Within two (2) years of receipt of unqualified <br />approval by the regulatory agencies if required, or within two <br /> <br />(2) years after the need for such approval by regulatory agencies <br />shall have expired, VMH shall begin construction of the following <br />described facilities if economically feasible: inpatient acute <br />care hospital facility, emergency facilities, and skilled <br />nursing facilities. "Commence construction" shall for purposes <br />of this Agreement be defined as the first work of improvement <br />or delivery of material pursuant to a valid building permit ; <br />issued by the City of Pleasanton. <br /> <br /> (a) If construction has not been commenced on <br /> <br />the medical office building, outpatient diagnostic facility and <br />therapeutic facility within two (2) years from the date of this <br /> <br /> -3- <br /> <br /> <br />