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8. No member of the governing body or any other public offlClal of the Municipality or other <br />Taxing Body who exercises any responsibilities or functions with respect to the any FAHP <br />Unit during her or his tenure or for one year thereafter shall have any interest, direct or <br />indirect, in any FAHP Unit or any contracts in connection with any FAHP 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 tenure any such interest, she or <br />he shall immediately disclose such interest to the Metropolitan Council. <br />During the Exemption Period, this Agreement shall not 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 in full force and effect with respect to the FAHP Units <br />so long as the beneficial title to the FAHP Units is held by the Metropolitan Council or 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 United <br />States Code section 1437a(b)(1). If at any tiie the beneficial title to, or possession of, a <br />FAHP 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 />10. The obligations of the parties under this Agreement shall apply to each FAHI' Unit. <br />IN WITNESS WHEREOF 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 />CITY OF ROSEVILLE <br />BY _ <br />Its _ <br />Date <br />and <br />BY _ <br />Its <br />Date <br />METROPOLITAN COUNCIL <br />BY <br />Date <br />Jay R. Lindgren <br />Regional Administrator <br />This document drafted by: <br />Office of the General Counsel <br />Metropolitan Council <br />Mears Park Centre <br />230 East Fifth Street <br />Saint Paul, Minnesota 55 101 <br />(65 1) 602-1706 <br />FAHPCOOPFORM 04/13I01 <br />Page 4 of 4 Pages <br />