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development district" under Section 469.174, Subdivision 12, of the Act and Section 469.176, <br />Subdivision 4c. or to violate limitations as to the use of Tax Increments as set forth in Section <br />469.176, Subdivision 4c. <br />(3) All covenants, stipulations, promises, agreements and obligations of the <br />City contained herein shall be deemed to be the covenants, stipulations, promises, agreements and <br />obligations of the City and not of any governing body member, officer, agent, servant or employee <br />of the City. <br />12 <br />8328812v2 <br />