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TABLE OF CONTENTS IN 34 ARTICLE I DEFINITIONS ................................................................................................. 2 35 Section 1.1 Definitions ............................................................................................ 2 36 ARTICLE 11 REPRESENTATIONS AND WARRANTIES ................................................ 4 37 Section 2.1 Representations and Warranties of the City ......................................... 4 38 Section 2.2 Representations and Warranties of the Developer ............................... 4 39 ARTICLE III UNDERTAKINGS BY DEVELOPER AND CITY ....................................... 6 4�O Section 3.1 Costs of the Project and Legal and Administrative Expenses ............. 6 41 Section 3.2 Reimbursement.- TIF Note ................................................................... 6 4 Section 3.3 Compliance with Low and Moderate Income Requirements .............. 7 4�3 ARTICLE IV EVENTS OF DEFAULT ................................................................................. 9 44 Section 4.1 Events of Default Defined ................................................................... 9 4�5 Section 4�.2 Remedies on Default ............................................................................ 9 4 Section 4�.3 No Remedy Exclusive ........................................................................ 10 4�7 Section 4.4 No Implied Waiver ............................................................................ 10 4�8 Section 4�.5 Agreement to Pay Attorney's Fees and Expenses .............................. 10 4 Section 4�.6 Indemnification of City ...................................................................... 10 50 ARTICLE V ADDITIONAL PROVISIONS ...................................................................... 12 51 Section 5.1 Restrictions on Use ............................................................................ 12 52 Section 5.2 Conflicts of Interest ............................................................................ 12 53 Section 5.3 Titles of Articles and Sections ........................................................... 12 54 Section 5.4 Notices and Demands ........................................................................ 12 55 Section 5.5 Counterparts ....................................................................................... 12 56 Section 5.6 Law Governing .................................................................................. 13 57 Section 5.7 Expiration ........................................................................................... 13 58 Section 5.8 Provisions Surviving Rescission or Expiration .................................. 13 59 Section 5.9 Assignability of Agreement ............................................................... 13 60 EXHIBIT A DESCRIPTION OF DEVELOPMENT PROPERTY .......................................... A -1 61 EXHIBIT B FORM OF TIF NOTE ........................................................................................... B-1 62 EXHIBIT C COMPLIANCE CERTIFICATE .......................................................................... C-1 i 3873204v2