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and written objections to the proposed payments by the Agency to the City <br />for the Projects as described in the Agreement, and to other matters <br />pertaining to this transaction, and all such oral and written objections are <br />hereby overruled. <br />N. The Agency Board hereby finds and determines that the foregoing <br />findings are true and correct. <br />Section 2. The Agency hereby consents to the payment by the Agency to the <br />City of up to $210,000,000.00 in Agency funds from the Merged Project Area for these <br />public projects, programs and activities, in accordance with that certain Cooperative <br />Agreement to be executed between the Agency and the City. <br />Section 3. The Executive Director of the Agency, or his/her designee, is hereby <br />authorized to take all steps, and to sign all documents and instruments necessary to <br />implement and carry out and implement the Cooperative Agreement, and to administer the <br />Agency's obligations, responsibilities and duties to be performed under the Cooperative <br />Agreement on behalf of the Agency. <br />Section 4. The Executive Director of the Agency, or her/his designee, is hereby <br />authorized to execute the Cooperative Agreement on behalf of the Agency, together with <br />such non-substantive changes as may be approved by the Agency Executive Director and <br />the Agency General Counsel. <br />Section 5. The Recording Secretary for the Agency shall attest to and certify <br />the vote adopting this Resolution. <br />CRA Resolution No. 2011-002 <br />Page 4 of 10