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<br />.\ <br /> <br />8. No member of the governing body or any other public official of the Municipality or other <br />Taxing Body who exercises any responsibilities or functions with respect to the any F AHP <br />Unit during her or his tenure or for O1!le year thereafter shall have MY interest, dirett or <br />indirect, in any F AHP Unit or any contracts in connection with any f AHP Unit. If any such <br />governing body member or such other public official of a Taxing Body involuntarily <br />acquires or had acquired prior to the beginning of her or his tenme any such interest, she or <br />he shall immediately disclose such interest to the MetropoHtan Council <br /> <br />9. During the Exemption Period, this Agreement shall1!lot be abrogated, changed or modified <br />without the consent of the Government. The privileges and obligations of the Municipality <br />and other Taxing Bodies shall remain m full force and effect with respect to the F AHP Units <br />so long as the beneficial title to the F AHP Units is held by the MetroJPolitan Council cr by <br />any other public body or governmental agency, including the Government, authorized! by <br />law to engage in the development or administration of housing as defined in Title 42 Ullited <br />States Code section 1437a(b)(I). If at any time the beneficial title to, or possession of, a <br />F AHP Unit is held) by such other public body or governmental agency, including the <br />Government, the provisions of this Agreement shall inure to the benefit of and may be <br />enforced by, such other pubic body or governmental agency, including the Government. <br /> <br />10. The obligations of the parties under this Agreement shall apply to each FAHP Unit. <br /> <br />.!IN WII1I'NJESS WIBIJEU((D}F the authorized representatives of the Municipality and the <br />Metropolitan Council have respectively signed this Agreement. This Agreement is effective on <br />the date when both parties' authorized representatives have signed this Agreement. <br /> <br />:::z'~ <br />Its ~ <br /> <br />Date 5'/~3/D / <br />, , <br /> <br />WillETffiOP((D !LIlT AN ceo UN en. <br />By ~ K~ <br /> <br />~~. Lindgren <br />Regional Administrator <br /> <br />S/3C/OJ <br />I I <br /> <br />Date <br /> <br />and <br /> <br />By <br /> <br />~~i;J~ <br />~0~ <br />~ IJ-L/iY <br /> <br />Its <br /> <br />Date <br /> <br />This document drafted by: <br />OiffniI:e olf tllue GeneraU Counsell <br />MetIJ"ojpii!JIRii11:21mJ! CoumdB <br />Mears Park Centre <br />230 East fifth Street <br />S8lint Paw, Minnesota 5510 I <br />(651) 602-n06 <br /> <br />FAHPCOOPFORM <br /> <br />04/13/01 <br /> <br />Page 4 of 4 Pages <br /> <br />-_...- <br />