6.1. SR 07-16-2007 - Laserfiche WebLink

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ARTICLE II REPRESENTATIONS AND WARRANTIES Section 2.1 Representations and Warranties of the City. The City makes the following representations and warranties: (I) The City is a municipal corporation and a political s~~~yision of the State and has the power to enter into this Agreement and carry out its obligat~jsnereunder. (2) The Tax Abatement Program was created, ad~ted~~approved in accordance with the terms of the Tax Abatement Act. ~ terms limited to, regulations). (3) To finance the costs of the Project proposes, subject to the further provisions of reimburse the Developer for a portion of the provided in this Agreement. by the::':l;)eyeloper, the City to apply the tax~~baJements to propetty as further (4) The City has made the Abatement Program. Abatement Act for the Tax Section 2.2 following representations and warranties: The Developer makes the (I) obligations federal laws. Agreement and to perform its its articles or bylaws or any local, state or existing under the laws of this State and carry out the covenants contained herein. Project to be constructed in accordance with the and federal laws and regulations (including, but not energy conservation, building code and public health laws and (4) The will obtain or cause to be obtained, in a timely manner, all required permits, and approvals, and will meet, in a timely manner, all requirements of all applicable local, and federal laws and regulations which must be obtained or met before the Project may be lawfully constructed (5) The construction of the Project would not be undertaken by the Developer, and in the OpInIOn of the Developer would not be economically feasible within the reasonably foreseeable future, without the assistance and benefit to the Developer provided for in this Agreement. 2045533v2 3