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lease or other agreement or document described in sub-paragraph (d) or (e) of the previous <br />subsection. <br />(d) No approval, license, exemption or other authorization from, or filing, <br />registration or qualification with, any Governmental Authority is required which has not been <br />previously obtained in connection with: <br />(i) the execution of Developer of, and the performance by <br />Developer of its obligations under, the Loan Documents; and ~:;,. <br />~: <:.>; <br />(ii) the creation of the helr~de'sciibcd in the Loan Documents. <br />901.3 Financial and Other Information Tti` tl~,best of Developer's lmowledge, <br />all financial information furnished to Agency/City wjth.respect to D;eygloper in connection with the <br />Loans (a) is complete and correct in all material respects as of the date of preparation thereof, <br />(b) accurately presents the financial condition of Developer, and (c) has becn,,prepared in accordance <br />with generally accepted accounting principles eonS)slently applied or in aceo~dance with such other <br />principles or methods as are reasonably acceptable~tip,Agevpy/~ity. To the best of Developer's <br />lmowledge, all other documents and information furnished to Agency/City with ro~pect to Developer, <br />in connection with the Loans, are c,orleet and, complete rnsOtait as completeness is necessary to give <br />the Agency/City accurate knowledge bf the=subject matter Tq,,the best of Developers knowledge <br />Developer has no material liability or contingent lrap3lity not di'sp)gsed to Agency/City in writing and <br />there is no material lien, ~l~im, charge oi•'pther ri`glit o£ others~of;.any kinds (including liens or <br />retained security trues gf~eondr~ional vendd'rs) on any,;propertyr of Developer not disclosed in such <br />financial statements or dt~rerwise csclosed to Agency/City m wi~[ting. <br />9014 ~~pgrience and Quah£~cgtions. Developer has the experience and <br />qualifications ;pe,g~ssary to peifprm as' Developer ptii`suant to this Agreement and the other Project <br />901.5 No,ly,iateria['~1,dverse Change. There has been no material adverse change <br />in the conditions, financial or othgrtivrse,~~4#•I?eveloper since the dates of the latest financial statements <br />furnished to`t~g~cy/City. Since those dafcs;peveloper has not entered into any material transaction <br />not disclosed in stseh financial statements or "otherwise disclosed to Agency/City in writing. <br />901.6 " °~ax Lrah~lity. Developer has filed all required federal, state and local tax <br />returns and has paid all taxc~ (apcluding interest and penahies, but subject to lawful extensions <br />disclosed to Agency/City in writing) other than taxes being promptly and actively contested in good <br />faith and by appropriate proceedings. Developer is maintaining adequate reserves for tax liabilities <br />(including contested liabilities) in accordance with generally accepted accounting principles or in <br />accordance with such other principles or methods as are reasonably acceptable to Agency/City. <br />901.7 Governmental Requirements. To best of its lrnowledge, Developer is in <br />compliance with all Governmental Requirements relating to the Property and/or the Project and all <br />Governmental Authority approvals, including zoning, land use, planning requirements, and <br />requirements arising from or relating to the adoption or amendment of, any applicable general plan, <br />subdivision and parcel map requirement; environmental requirements, including the requirements of <br />the California Environmental Quality Act and the National Environmental Policy Act and the <br />30 <br />