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Each party to this Agreement shall keep the other party <br />and the Authority informed of development projects located within its <br />portion of the TSIP Area. Such information shall extend to and in- <br />clude proposals for development or redevelopment of any site, whether <br />such proposal is being processed through city or redevelopment <br />agency procedures. The primary focus of the information provided <br />shall be the size, scope, and type of the development as necessary <br />to project its probable vehicular traffic generation. However, <br />any information requested from the party in whose jurisdiction <br />the development project is located by the other party shall be <br />provided to such other party to the extent it is available, <br />except that information which is not a matter of public record and <br />which requires confidentiality in order to preserve a party's <br />position in the negotiation of contracts with third parties or <br />with regard to litigation against third parties need not be dis- <br />closed. However, if it is necessary for the Authority to assess <br />traffic and parking impacts of any such development, all parties <br />are entitled to be provided with an estimate of traffic and parking <br />impacts from any such developments in order to permit the Authority <br />to implement its duties and functions pursuant to this Agreement. <br />The governing board of the Authority may establish <br />rules for the regular exchange of information on development <br />projects, including regular meetings between appropriate staff <br />members of both parties and regular reports to the governing <br />body. <br />-11- <br />