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(05) The Developer has received no notice or communication <br /> from any local, state or federal official that the activities <br /> • of the Developer or the EDA in the Project Area may be or <br /> will be in violation of any environmental law or regulation <br /> (other than those notices or communications of which the <br /> Authority is aware) . The Developer is aware of no facts the <br /> existence of which would cause it to be in violation of any <br /> local, state or federal environmental law, regulation or <br /> review procedure or which would give any person a valid claim <br /> under the Minnesota Environmental Rights Act. <br /> (06) The Developer will use its best efforts to construct <br /> the Minimum Improvements in accordance with all local, state <br /> or federal energy-conservation laws or regulations. <br /> (07) The Developer will use its best efforts to obtain, in a <br /> timely manner, all required permits, licenses and approvals, <br /> and will meet, in a timely manner, all requirements of all <br /> applicable local, state and federal laws and regulations <br /> which must be obtained or met before the Minimum Improvements <br /> may be lawfully constructed. <br /> (08) Neither the execution and delivery of this Agreement, <br /> the consummation of the transactions contemplated hereby, nor <br /> the fulfillment of or compliance with the terms and <br /> conditions of this Agreement is prevented, limited by or <br /> conflicts with or results in a breach of, the terms, <br /> • conditions or provisions or any corporate restriction or any <br /> evidences of indebtedness, agreement or instrument of <br /> whatever nature to which the Developer is now a party or by <br /> which it is bound, or, constitutes a default under any of the <br /> foregoing. <br /> (09) The Developer will cooperate with the City and EDA with <br /> respect to any litigation commenced with respect to the Plan, <br /> Project, or Minimum Improvements. <br /> ARTICLE III <br /> Undertakings of the Authority <br /> 3 . 1) Conveyance of Property. <br /> (01) Authority will convey any and all title to the Property <br /> held by Authority, by quitclaim deed, subject to any <br /> easements, reservations, restrictions, covenants, and <br /> conditions affecting the Property. All special assessments <br /> levied or pending as of the date of the conveyance shall be <br /> paid by Authority. The conveyance of the Property and the <br /> Developer' s use of the Property shall be subject to all of <br /> the conditions, covenants, restrictions, and limitations <br /> imposed by this Agreement and the quitclaim deed. The <br /> conveyance of title to the Property and the Developer' s use <br /> of the Property shall also be subject to building and zoning <br /> 5. <br />