Laserfiche WebLink
9.4 No Material Adverse Change. There has been no material adverse change <br />in the condition, financial or otherwise, of Developer since the dates of the latest financial <br />statements furnished to City. Since those dates, Developer has not entered into any <br />material transaction not disclosed in such financial statements or otherwise disclosed to <br />City in writing. <br />9.5 Tax Liability. Developer has filed all required federal, state and local tax <br />returns and has paid all taxes (including interest and penalties, but subject to lawful <br />extensions disclosed to City in writing) other than taxes being promptly and actively <br />contested in good faith and by appropriate proceedings. Developer is maintaining adequate <br />reserves for tax liabilities (including contested liabilities) in accordance with generally <br />accepted accounting principles or in accordance with such other principles or methods as <br />are reasonably acceptable to City. <br />9.6 Governmental Requirements. Developer is in compliance with all laws <br />relating to the Property and all Governmental Authority approvals, including zoning, land <br />use, planning requirements, and requirements arising from or relating to the adoption or <br />amendment of, any applicable general plan, subdivision and parcel map requirement; <br />environmental requirements, including the requirements of the California Environmental <br />Quality Act and the National Environmental Policy Act, and the preparation and approval <br />of all required environmental impact statements and reports; use, occupancy and building <br />permit requirements; and public utilities requirements. <br />9.7 Rights of Others. Developer is in compliance with all covenants, <br />conditions, restrictions, easements, rights of way and other rights of third parties relating <br />to the Property. <br />9.8 Litigation. There are no material actions or proceedings pending or, to the <br />best of the Developer's knowledge, threatened against or affecting Developer or any <br />property of Developer before any Governmental Authority, except as disclosed to City in <br />writing prior to the execution of this Agreement. <br />9.9 Bankruptcy. To the best of Developer's knowledge, no attachments, <br />execution proceedings, assignments for the benefit of creditors, insolvency, bankruptcy, <br />reorganization or other proceedings are pending or threatened against Developer, nor are <br />any of such proceedings contemplated by Developer. <br />9.10 Information Accurate. To the best of Developer's knowledge, all <br />information, regardless of its form, conveyed by Developer to City, by whatever means, is <br />accurate, and correct in all material respects and is sufficiently complete to give City true <br />and accurate knowledge of its subject matter, and does not contain any material <br />misrepresentation or omission. <br />9.11 Conflicts of Interest. No member, official or employee of the City shall have <br />any personal interest, direct or indirect, in this Agreement, nor shall any such member, official <br />or employee participate in any decision relating to this Agreement which affects his/her <br />personal interests or the interests of any corporation, partnership or association in which <br />55A-32 <br />