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ARTICLE II REPRESENTATIONS AND WARRANTIES Section 2.1. Representations and Warranties of the City. The City makes the following representations and warranties: (1) The City is a municipal corporation and political subdivision organized under the provisions of the Constitution, and laws of the State and has the power to enter into this Agreement and carryout its obligations hereunder. (2) The Tax Increment Districts are each a "Development District" within the meaning of Minnesota Statutes, Section 469.174, Subdivision 10, and was created, adopted and approved in accordance with the terms of the Tax Increment Act. (3) The development contemplated by this Agreement is in conformance with the development objectives set forth in the respective Construction Plans and the Tax Increment Financing Plans. (4) Except as set forth in the Purchase Agreement, the City makes no representation or warranty, either expressed or implied, as to the environmental condition of the Development Property. Section 2.2. Representations and Warranties of the Developer. The Developer makes the following representations and warranties: (1) The Developer has power to enter into this Agreement and to perform its obligations hereunder and is not in violation of any provisions of the laws of the State; and (2) Subject to the terms of the Development Agreement, the Developer will cause the Minimum Improvements to be constructed, operated and maintained in accordance with the terms of this Agreement, the Development Plan and all local, state and federal laws and regulations (including, but not limited to, environmental, zoning, energy conservation, building code and public health laws and regulations). (3) The Developer will obtain, or cause to be obtained, in a timely manner, all required permits, licenses and approvals and will meet, in a timely manner, all requirements of all applicable local, state, and federal laws and regulations which must be obtained or met before the Minimum Improvements may be lawfully constructed. (4) Neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions ofthis Agreement is prevented, limited by or conflicts with (unless all necessary waivers, consents or the like have been obtained) or results in a breach of, material terms, conditions or provision of any contractual restriction, evidence of indebtedness, agreement or 10