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<br /> . <br /> 'WllEREAS, the Authority believes that the redevelopment of the Project Area pursuant <br />to this Agreement, and fulfillment generally of this Agreement, are in the vital and best interests <br />of the City and the health, safety, morals, and welfare of its residents, and in accord with the <br />public purposes and provisions of the applicable State and local laws and requirements under <br />which the Project has been undertaken and is being assisted. <br /> NOW, THEREFORE, in consideration of the prelJlises and the mutual obligations of the <br />parties hereto, each of them does hereby covenant and agree with the other as follows: <br /> . <br /> - <br /> - <br /> - <br /> - <br /> I <br /> I <br /> I <br /> I <br />2 .. <br />.'.V80'd 61"0.'. .'.<::6 <::19 I <br />'~'d '3~13a ~ ^3Ia~da 1"0:91 .'.661-H-~~ <br />