10-12-05 La Porte Redevelopment Authority Meeting minutes

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(C) This Agreement has been duly authorized, executed and delivered by the City and, constitutes a legal, valid and binding obligation of the City, enforceable in accordance with its terms. (D) The execution, delivery and performance of this Agreement by the City does not require the consent or approval of any person which has not been obtained. 2.3 Representation of the Zone. The Zone hereby represents that: (A) The Zone is duly authorized, created and existing under the laws of the State and is duly qualified and authorized to carryon the governmental functions and operations as contemplated by this Agreement. (B) The Zone has the power, authority and legal right to enter into and perform this Agreement and the execution, delivery and performance hereof (i) have been duly authorized, (ii) will not, to the best of its knowledge, violate any applicable judgment, order, law or regulation, and (iii) does not constitute a default under, or result in the creation of, any lien, charge, encumbrance or security interest upon any assets of the Zone under any agreement or instrument to which the Zone is a party or by which the Zone or its assets may be bound or affected. (C) This Agreement has been duly authorized, executed and delivered by the Zone and, constitutes a legal, valid and binding obligation of the Zone, enforceable in accordance with its terms. (D) The execution, delivery and performance of this Agreement by the Zone does not require the consent or approval of any person which has not been obtained. ARTICLE 3 THE PROJECT 3.1 The City Improvements. The City Improvements are intended to enhance the proposed implementation of a development within the Zone as a whole, as more fully described in the Plan. 3.2 City Improvements description. The City Improvements consist of improvements to (working on description) The City Improvements shall include all engineering, legal and other consultant fees and expenses related to such City Improvements. 3.3 Additional Projects. This Agreement does not apply to any projects not specifically defined herein unless this Agreement is amended to provide for the design and construction of such additional projects.