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e <br />D. In pursuit of this public purpose City desires to <br />provide funds to District for District's acquisition of the property. <br />WHEREFORE, in Consideration of their mutual and respective <br />promises, and subject to the terms and conditions hereinafter <br />met forth, the parties hereto do hereby agree as followsi <br />1. Subject to the limitations set forth in Sections 2 <br />a+ <br />and 3 hereinbelow, the City shall pay to the District, funds <br />equal to the amounts the District must ply-On the purchase of <br />the Property, such payments to he made quarterly prior to the <br />T <br />date that District's payments are due. <br />2. The City's obligation hereunder is subject to the <br />condition that the terms and conditions upon which the District <br />purchases the Property are in substantial accord with those <br />set forth in the recitals to this Agreement. <br />" <br />3. The City's obligation hereunder to make the payments <br />specified in Section 1 is limited solely and exclusively to <br />F <br />revenues received by the City from the Agency in the form of <br />M• <br />repayment of loans previously made by the City.to the Agency <br />and is not a charge on City revenues derived from any other <br />source. Nothing herein shall ' preclude City, at City's sole <br />option, from appropriating funds derived from any other source <br />- <br />to make such payments. <br />4. The Agency shall, on an annual basin, repay its <br />outstanding indebtedness to the City in not less than such <br />amounts and at such times as shall allow the City to make the <br />payments to District specified in Section 1 in full in a <br />75C -373 <br />E 0!0ZLZ989ELZ -ZZ94 09 ILL 0t% RA- C7. -11: ca +�rnnceH rexm�rM•�a n�u - <br />