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Draft 1/4/95 <br /> <br /> Sectioa. 2.2 ~. The City makes the following representations as the basis for <br />the undertakin~ on its pan herein contained: <br /> <br /> (a) ~The City is authorized by law to enter into this Agreement and to carry out its <br />obligations hen~under, <br /> (b) ?he City has found that the Tn= District is a "redevelopment tax increment financing <br />district," pursuant to Minnesota Statutes, Section 469.174. <br /> <br /> (c) The City will, in a timely manner, subject to all notification requirements, review <br />and act upon allisubmittals and applications of the Developer, and will cooperate with the efforts of <br />the Developer t~ secure the grannng of any permit, license, or other approval required to allow_the <br />construction of!the Minimum Improvements; provided, however, that nothing contained in this <br />sub_p, aragraph s~l be construed to limit in any way the reasonable and legitimate exercise of the <br />City s discretion!in considering any submittal or application; <br /> <br /> (d) T~e activities of the City are undertaken for the purpose of fostering the <br />redevelopment of. certain real property which, for a variety of reasons, is presently unutilized and <br />underutilized a~d for the purpose of promoting economic development and the creation of <br />employment oppOmmities. <br /> <br /> (f) Tl~e City will cooperate with the Developer with respect to any litigation, other than <br />litigation in which the City and the Developer are adverse parties, commence with respect to the <br />TI2F Plan, Program, or Minimum Improvements; provided, that the City shall not be obligated to <br />incur costs throu~ the retaining of legal counsel or experts, or otherwise, in connection with such <br />litigation. <br /> <br />Page 6 <br /> <br /> <br />