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11 <br />undertaken., will 'be, to enco�urage the provision of additional <br />multi-family rental housing opportunities to residents of the <br />a A <br />cityi to 0 assist "in the prevention of the emergence of blighted <br />,and marginal land, and, to - priomote more intensive development an <br />use of' !,and with, 'in the City; I <br />Developer has agreed and it 'is hereby <br />determ,igned, that, any and all costs incurred by the City in <br />4 <br />connection with the financing of' the Project whether or not the <br />a <br />Project 'is carried to completion and whether or not approved by <br />MHFA will bell paid by the Developer;* <br />A <br />961 Nothing <br />P <br />'in this Resolution <br />or the documents <br />preipared <br />pursuant hereto shall, authorize <br />the expenditure of any <br />I Is <br />municipal <br />funds on, <br />the Project other than <br />the revenues derived <br />from the <br />Project or <br />otherwise granted to <br />the City for this <br />purposieo <br />The Bonds <br />shall not, conistitute <br />a charge, lien or <br />encumbiria,ncle,r <br />legal <br />or equitable, upon any property or funds of <br />the C,ity <br />except the <br />revenues and, proceeds <br />pledged to the <br />