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Attachment A the event the Redevelopment Property have been replatted as part of other parcels as of the date of the City's exercise of its rights under this Section, Redeveloper will cooperate with the City in obtaining any subdivision necessary to revest in the City title to the applicable City Parcel. Section 9.4. Resale of Reacc�uired Pro�erty; Dis�osition of Proceeds. Upon the revesting in the City of title to and/or possession of the parcel ar any part thereof as provided in Section 9.3, the City shall, pursuant to its responsibilities under law, use its best efforts to sell the parcel or part thereof as soon and in such manner as the City shall find feasible and consistent with the objectives of such law and of the Development Program and TIF Plan to a qualified and responsible party or parties (as determined by the City ) who will assume the obligation of making or completing the Minimum Improvements as shall be satisfactory to the City in accordance with the uses specified for such parcel or part thereof in the Development Program and TIF Plan. During any time while the City has title to and/or possession of a parcel obtained by reverter, the City will not disturb the rights of any tenants under any leases encumbering such parcel. Upon resale of the parcel, the proceeds thereof shall be applied: (a) First, to reimburse the City for all costs and expenses incurred by them, including but not limited to salaries of personnel, in connection with the recapture, management, and resale of the parcel (but less any income derived by the City from the property or part thereof in connection with such management); all taxes, assessments, and water and sewer charges with respect to the parcel or part thereof (or, in the event the parcel is exempt from taXation ar assessment or such charge during the period of ownership thereof by the City , an amount, if paid, equa] to such taxes, assessments, or charges (as determined by the City assessing official) as would have been payable if the parcel were not so exempt); any payments made or necessary to be made to discharge any encumbrances or liens existing on the parcel or part thereof at the time of revesting of title thereto in the City or to discharge or prevent from attaching or being made any subsequent encumbrances or liens due to obligations, defaults or acts of Redeveloper, its successors or transferees; any expenditures made or obligations incurred with respect to the making or completion of the subject improvements or any part thereof on the parcel or part thereof; and any amounts otherwise owing the City by Redeveloper and its successor or transferee; and (b) Second, to reimburse Redeveloper, its successor or transferee, up to the amount equal to the amount actually invested by Redeveloper in making any of the subject improvements on the parcel or part thereof. Any balance remaining after such reimbursements shall be retained by the City as its property. Section 9.5. No Remedy Exclusive. No remedy herein conferred upon or reserved to any party is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Agreement or now or hereafter existing at law or in equity or by statute. No delay or omission to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver thereof, but any such right and power may be exercised from time to time and as often as may be deemed eXpedient. To entitle the City to exercise any remedy reserved to it, it shall not be necessary to give notice, other than such notice as may be required in this Article IX. 23 7174856v3