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EXHIBIT 3 <br />3. BINDING ON SUCCESSORS <br />This Agreement shall be binding on and shall inure to the benefit of all successors and assigns <br />of the parties, whether by agreement or operation of law. <br />NON - LIABILITY OF MEMBERS, OFFICIALS, EMPLOYEES AND AGENTS; NON - <br />RECOURSE OBLIGATION <br />No member, officer, official, employee, agent or representative of the Successor Agency or the <br />City shall be personally liable for performance by the Successor Agency or City hereunder, for breach <br />or default by the City or Successor Agency hereunder, for any amounts which may be payable or <br />become due hereunder, or for any judgment or execution thereon entered in any action. <br />10. FURTHER ASSURANCES <br />Each party agrees to execute, acknowledge and deliver all additional documents and <br />instruments, and to take such other actions as may be reasonably necessary to cant' out the intent of <br />this Agreement. <br />tSIGNATURES ON NEXT PAGE] <br />FOB • <br />