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7U Information Accurate. To the best of Developer's knowledge, all information, <br />regardless of its form, conveyed by Developer to City, by -whatever means, is accurate, <br />correct and sufficiently complete to give City true and accurate knowledge of its subject <br />matter, and does not contain any misrQpresentation or emission. <br />7.[t Conflicts of Jude -rnber, official or employee, of the City shall have any <br />_r <br />rest, No me <br />personal interest, direct or indirect, in this Agreement, nor shalt any such mernber, official or <br />employee partitt pate in any decision relating to this Agreement wbicli affects his her <br />personal interests or the interests of any corporation, partnership of association in which <br />lwlsho has a direct or indirect financial interest. The Developer warrants that it neither has <br />paid nor given, nor will pay or give; any third party any money or other corr4dcration for <br />obtaining this Agreement. <br />7.t2 NonhablI1!Xof City 0fficiaj1 �dFm loges. No inember, official or employee of <br />the City shall be personally liable tin the Developer in the event ofany default or breach by <br />the City or ror any amount which iriny become due to Developer or on w-Ly obligations tinder <br />the tennis of this Agretsuent, <br />7,13 No Assigrimen : Developer expressly acknowledges and agrees that the City has <br />ortly agreed to assist (he Developer as a incans by which to induce the development of the <br />Property, Accordingly, Developer further expressly acknowledges and agrees that this <br />Agreement is a perwnal right of Developer that is neither negotiable, transferable, nor <br />asignable except as set forth herciii. developer may assign some or all of its rights Linder <br />the Agreement only with the prior written consent of the ftecutive Director (,such consent <br />not to be unreasonably withheld), except that no prior consent is necessary for an <br />assignment by a limited partner of Developer town affiliate, or as otherwise provided in the <br />Deed ofTrkist. <br />7.14 Applicable Lnsv: This Agreement shall be interpreted, governed and enforced under <br />federal and state laws. <br />7J5 Third Parties: This Agreement is made for the sole benefit of Developer and the <br />City and their successors and assigns, and no other person or persons shall have any nights <br />or remedies under or by reason of this Agreement or any right to the exercise of any right or <br />power of the City hereunder or arising fivm any default by Developer, nor shall the City <br />owe any duty whatwever to any claimant for labor performed or materials famished in <br />connection with the construction of the Proporty, <br />7,16 Control of Property. The parties acbmowledge that neither the City has at anytime <br />participated in any mainier in the rawragement or operation of the Property, and will not so <br />participate at any time hereafter. <br />8. CONDITIONS FOR CONSTRUCTION <br />8.1 Permits and Approvals Developer shall diligently obtain all permits, including <br />all building permits, licenses, approvals, exemptions and other authorisations of <br />Governmental Agencies required in connection with the construction and conversion of <br />the Property. <br />18 <br />25B-24 <br />