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<br />IX. <br /> <br />If either the CITY or AUTHORITY believes it has a claim of any nature whatsoever against the other party, it <br />shall give the other written notice ofthe amount, whenever possible, and nature of such claim within forty-five <br />(45) days (or such other time limits as may be expressly set forth in the Agreement) of the occurrence of the <br />event upon which such claim is based. In default of such notice the claim is waived. <br /> <br />x. <br /> <br />All matters relating to the validity, performance, interpretation, or construction of this Agreement or the <br />breach thereof shall be governed by the laws ofthe State of Texas. <br /> <br />IN WITNESS WHEREOF, the parties to these presents have hereunto set their hands and seals the day <br />and year first above written. <br /> <br />CITY O~A .PORTE ~ <br />By: ~L_ \~ <br /> <br />Alton E. Porter, Mayor <br /> <br />~ <br />y~~ <br />Martha A. Gillett, CIty Secretary <br /> <br />:~: PORTE RE2kf1~~RITY <br /> <br />V'ic..e. President, Board of Directors <br /> <br /> <br />REINVESTMENT ZONE NUMBER ONE, <br /> <br />::TY OF LAP~1tI ~. <br /> <br />'Vi c..e., Chairperson, Board of Directors <br /> <br /> <br />H:\My Docurnents\Documents\TIRZ\Redevlopment Authority Agreement.doc <br />