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Section 2. Grantee acknowledges that it has or will have sufficient funds to <br />complete the Project and, if any property is acquired as part of the Project, to operate and <br />maintain the property and, if any facilities are constructed as a part of the Project, to <br />operate and maintain the facilities for a reasonable period, not less than the useful life of <br />the facilities. <br />Section 3. Grantee agrees to be bound by all terms and conditions of the grant <br />agreement and any other agreement or instrument as may be required by the <br />Conservancy and as may be necessary to fulfill the terms of the grant agreement and to <br />complete the Project. <br />Section 4. Grantee authorizes the City Manager, or designee, to act as a <br />representative of the Grantee, to negotiate and execute on behalf of the Grantee all <br />agreements and instruments necessary to complete the Project, and to comply with the <br />Conservancy's grant requirements, including, without limitation, the grant agreement. <br />Section 5. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the City Clerk shall attest to and certify the vote adopting this <br />Resolution. <br />ADOPTED this 2r1d day of April, il, 2C <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho, City Attorney <br />By: <br />N` <br />randon a vatierra <br />Deputy City Attorney <br />AYES: Councilmembers Amezcua, Bacerra, Hernandez, Lopez, <br />Penaloza, Phan, Vazquez (7) <br />NOES: Councilmembers None (0) <br />ABSTAIN: Councilmembers None (0) <br />NOT PRESENT: Councilmembers None 0 <br />Resolution No. 2024-009 <br />Page 2 of 3 <br />