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COOPERATIVE AGREEMENT NO. C-8-0862 <br />duties, or authority hereunder may be assigned in whole or in part by either Party without the prior <br />written consent of the other Party in its sole, and absolute discretion. Any such attempt of <br />assignment shall be deemed void and of no force and effect. Consent to one assignment shall not <br />be deemed consent to any subsequent assignment, nor the waiver of any right to consent to such <br />subsequent assignment. <br />J. Obligations To Comply with Law -Nothing herein shall be deemed nor construed <br />to authorize or require any Party to issue bonds, notes, or other evidences of indebtedness under <br />the terms, in amounts, or for purposes other than as authorized by local, state or federal law. <br />K. Governing Law -The laws of the State of California and applicable local and <br />federal laws, regulations and guidelines shall govern this AGREEMENT. <br />L. Legal Authority - Signators of AUTHORITY and CITY hereto warrant that they <br />are duly authorized to execute this AGREEMENT on behalf of said respective Parties and that, <br />by so executing this AGREEMENT, the Parties hereto are formally bound to the provisions of <br />this AGREEMENT. <br />This AGREEMENT shall be effective upon execution by both parties. <br />IN WITNESS WHEREOF, the parties hereto have caused this AGREEMENT No. C-8- <br />0862 to be executed on the date first above written. <br />CITY OF SANTA ANA <br />By: <br />David N. Ream <br />City Manager <br />ATTEST: <br />By: <br />Patricia E. Healy <br />City Clerk <br />Last Revision 10/16/08 <br />ORANGE COUNTY TRANSPORTATION AUTHORITY <br />25B-16 <br />By: <br />Arthur T. Leahy <br />Chief Executive Officer <br />Page 13 of 15 <br />